Laxmi Hydraulics R&D Engineer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2.3 Lakhs - ₹3.4 Lakhs

Salary of majority employees

72% less than the average R&D Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Laxmi Hydraulics for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Rexroth India R&D Engineer Salary 1 - 6 years exp. (8 salaries)	₹4.5 L/yr - ₹6 L/yr 105% more
Danfoss Industries R&D Engineer Salary 1 - 10 years exp. (4 salaries)	₹1.8 L/yr - ₹19.7 L/yr 309% more
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Maschio Gaspardo R&D Engineer Salary 2 - 6 years exp. (11 salaries)	₹3.2 L/yr - ₹5.9 L/yr 80% more
Bobst India R&D Engineer Salary 1 - 7 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 118% more
Toshiba R&D Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹5.5 L/yr 16% more

R&D Engineer salary at Laxmi Hydraulics ranges between ₹2.3 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Laxmi Hydraulics.

Experience wise Laxmi Hydraulics R&D Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.6 L/yr

Similar Designation salaries in Laxmi Hydraulics

Senior Engineer Salary

(12 salaries)

₹4.5 L/yr - ₹7.4 L/yr

Design Engineer Salary

(12 salaries)

₹2.55 L/yr - ₹5.5 L/yr

Junior Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(8 salaries)

₹8.2 L/yr - ₹9.7 L/yr

Senior Design Engineer Salary

(5 salaries)

₹6 L/yr - ₹6.5 L/yr

Salary related reviews for Laxmi Hydraulics

Design Engineer in Solap

Engineering - Software & QA Department

2.0

• posted on 20 Jul 2021

2.0

for Salary and Benefits

Likes

Not good for mechanical engineers, don't join

Dislikes

No work life balance at all Not a good pay Not good skill development even dont use 3D software still living in 2D.... Just copy paste design for big MNCs After 2 years they keep you as trainee engineer Ask for 3 years of bond

HR & Admin (Generalist / Operations / HR BP / HR Business Partner) in Solapur

Human Resources Department

5.0

• posted on 19 Aug 2020

4.0

for Salary and Benefits

Likes

Good work culture and teammates are supportive.salary on time 7th of every month. Apprisals and bonus are done regular every year.

Dislikes

Salary is decent but career growth is slow. Required more policies. Salary hike is low.

Marketing Executive in Kondi..

Sales & Marketing Department

1.0

• posted on 05 Sep 2022

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ne except MD,. Once u resign, then u r treated like an enemy of Lhp management.. They dont give ur last month salary.. Also forget ur bonus and LTA amount.. Nk proper settlement procedure... Never join

Senior Process Development Manager in Solapur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Jun 2020

4.0

for Salary and Benefits

Likes

Process oriented company set all the best practices in the world. LHP is good example for the others for taking precautions during and after lockdown period of Covid 19.

Dislikes

Not leader ship culture in middle management .

Design Engineer in Solapur

Research & Development Department

5.0

• posted on 15 Dec 2018

3.0

for Salary and Benefits

Likes

I feel that working in this organization enhances the self confidence. LHPL mainly works for specialized motors, every day I find something new to learn and work and I never get tired due to the work load.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Laxmi Hydraulics R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Laxmi Hydraulics?

R&D Engineer salary at Laxmi Hydraulics in India ranges between ₹2.3 Lakhs to ₹3.4 Lakhs for experience between 1 years to 3 years. According to our estimates it is 72% less than the average R&D Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Laxmi Hydraulics India.

How does the salary of a R&D Engineer at Laxmi Hydraulics India compare with the average salary range for this job?

The average salary of a R&D Engineer at Laxmi Hydraulics is 72% less than the average salary of a R&D Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Laxmi Hydraulics to a R&D Engineer in India?

Danfoss Industries R&D Engineer Salary - ₹1.8 Lakhs to ₹19.7 Lakhs per year
Bobst India R&D Engineer Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
Bosch Rexroth India R&D Engineer Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Maschio Gaspardo R&D Engineer Salary - ₹3.2 Lakhs to ₹5.9 Lakhs per year
Toshiba R&D Engineer Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a R&D Engineer at Laxmi Hydraulics in India?

The estimated take-home salary of a R&D Engineer at Laxmi Hydraulics ranges between ₹18,435 per month to ₹20,122 per month in India. The take-home salary calculation is based on the average Laxmi Hydraulics R&D Engineer salary in India which ranges between ₹2.3 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for R&D Engineer at Laxmi Hydraulics?

According to AmbitionBox, 100% of the Laxmi Hydraulics R&D Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Laxmi Hydraulics R&D Engineer Salaries

Laxmi Hydraulics R&D Engineer salary in India ranges between ₹2.3 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Laxmi Hydraulics latest salaries received from various employees of Laxmi Hydraulics.