Lakshmi Precision Tools Mechanical Engineer Salaries by 2 Employees (Updated 2024)

2 - 15 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Production, Manufacturing & Engineering Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Research & Development Mechanical Engineer Salary 15 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 24 Sep 2023

Companies similar to Lakshmi Precision Tools for Mechanical Engineer

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BHEL Mechanical Engineer Salary 1 - 16 years exp. (16 salaries)	₹6 L/yr - ₹16.4 L/yr 129% more
Godrej & Boyce Manufacturing Mechanical Engineer Salary 0 - 10 years exp. (25 salaries)	₹1.2 L/yr - ₹6 L/yr 8% less
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Kirloskar Brothers Mechanical Engineer Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹7 L/yr 4% more
TCS Mechanical Engineer Salary 2 - 8 years exp. (53 salaries)	₹3 L/yr - ₹12 L/yr 67% more
Infosys Mechanical Engineer Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹12.5 L/yr 78% more
Wipro Mechanical Engineer Salary 0 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹7 L/yr 3% more
HCLTech Mechanical Engineer Salary 1 - 7 years exp. (84 salaries)	₹2.2 L/yr - ₹9.7 L/yr 46% more
Tech Mahindra Mechanical Engineer Salary 1 - 7 years exp. (44 salaries)	₹2 L/yr - ₹7 L/yr 13% more
LTIMindtree Mechanical Engineer Salary 0 - 6 years exp. (14 salaries)	₹2.1 L/yr - ₹5 L/yr 20% more
Toshiba JSW Power Systems Mechanical Engineer Salary 1 - 13 years exp. (24 salaries)	₹5.3 L/yr - ₹10.5 L/yr 103% more
Uniparts Group Mechanical Engineer Salary 1 - 6 years exp. (20 salaries)	₹2.1 L/yr - ₹5 L/yr 25% less
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Sulzer Mechanical Engineer Salary 0 - 9 years exp. (20 salaries)	₹1.8 L/yr - ₹9 L/yr 17% more
Bharat Fritz Werner Mechanical Engineer Salary 0 - 12 years exp. (19 salaries)	₹1.8 L/yr - ₹6.4 L/yr 8% less
Konecranes Mechanical Engineer Salary 1 - 5 years exp. (10 salaries)	₹3.8 L/yr - ₹5 L/yr 15% more
Bosch Rexroth India Mechanical Engineer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹6.7 L/yr 11% more
Rieter Mechanical Engineer Salary 3 - 10 years exp. (8 salaries)	₹2.4 L/yr - ₹6.8 L/yr 18% more
Nidec Corporation Mechanical Engineer Salary 0 - 10 years exp. (7 salaries)	₹2 L/yr - ₹5 L/yr 17% less
Polyhose Mechanical Engineer Salary 0 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹4 L/yr 46% less
Mann And Hummel Filter Mechanical Engineer Salary 1 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹3 L/yr 44% less
Premium Transmission Mechanical Engineer Salary 1 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹3.5 L/yr 35% less

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Mechanical Engineer salary at Lakshmi Precision Tools ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Lakshmi Precision Tools.

Similar Designation salaries in Lakshmi Precision Tools

Electrical Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹7.2 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Assistant Engineer Salary

(17 salaries)

₹2 L/yr - ₹5 L/yr

Production Engineer Salary

(7 salaries)

₹2.4 L/yr - ₹7 L/yr

Technician Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Mechanical Maintenance Engineer Salary

(3 salaries)

₹1.1 L/yr - ₹3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Salary related reviews for Lakshmi Precision Tools

5.0

Rated by 1 employees for salary & benefits

Production Planning Control Engineer in Coimbatore

Full Time

Planning Department

4.0

• posted on 27 Dec 2020

3.0

for Salary and Benefits

Likes

*A great platform to learning * The supporting and advising level is better through the managerial Level * Colleagues are Very nice personalities. * Resources the right way ( E R P software, Quality measurements , Works as on ISO) *it's a Good name in society or compare than other companies because of the group company of the LMW

Dislikes

* job secure is low * Salary We can't expect much

Lead In Sheetmetal And Fabrication Production in Coimbatore

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 05 Oct 2023

4.0

for Salary and Benefits

Likes

Superb company to gain knowledge,good top management they all support if we work well and excellent knowledge will been gained in work ,day by day new challenges has been work many new products and projects arrived. One of the best company to gain our core knowledge

Dislikes

No dislikes

Tool Room Engineer in Hosur

Tool room and design Department

5.0

• posted on 27 Oct 2018

4.0

for Salary and Benefits

Likes

Its the small scale industry they are suppliers for HARITH TVS and ASHOKLEYLAND. They have more than 80 different kinds of press tools. Its the chance to learn. They provide rooms for employees in low cost

Dislikes

Here is the only main problem is working hours some of the week want to work in Sunday also. They provide one time free food

Production Engineer in Coimbatore

Production, Manufacturing & Engineering Department

3.0

• posted on 13 Apr 2018

3.0

for Salary and Benefits

Likes

company is very usefull for learners.

Dislikes

very good team mates and provide fundamental training which give confident and use to develop the career growth, by the point of salary have very less amount of hike .

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lakshmi Precision Tools Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at Lakshmi Precision Tools?

According to AmbitionBox, 100% of the Lakshmi Precision Tools Mechanical Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Lakshmi Precision Tools Mechanical Engineer Salaries

Lakshmi Precision Tools Mechanical Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs. This is an estimate based on latest salaries received from employees of Lakshmi Precision Tools.