Laxmi Hydraulics Vendor Development Engineer Salaries by 6 Employees (Updated 2025)

2 - 15 years exp.

₹2.5 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Vendor Development Engineer Salary in Industrial Machinery Companies for 2 - 15 years of experience

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Salaries in different departments

Procurement & Supply Chain Vendor Development Engineer Salary 2 - 15 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr
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Production, Manufacturing & Engineering Vendor Development Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to Laxmi Hydraulics for Vendor Development Engineer

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros Vendor Development Engineer Salary 2 - 10 years exp. (23 salaries)	₹1.2 L/yr - ₹5 L/yr 16% less
Wipro PARI Vendor Development Engineer Salary 1 - 7 years exp. (19 salaries)	₹2.6 L/yr - ₹7.1 L/yr 3% more
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C.R.I. Pumps Vendor Development Engineer Salary 2 - 13 years exp. (16 salaries)	₹3.6 L/yr - ₹6.6 L/yr 22% more
Matrix ComSec Vendor Development Engineer Salary 2 - 6 years exp. (13 salaries)	₹2.9 L/yr - ₹4.5 L/yr 17% less
Mahindra Truck and Bus Vendor Development Engineer Salary 4 - 7 years exp. (12 salaries)	₹3 L/yr - ₹6.2 L/yr 20% more

Vendor Development Engineer salary at Laxmi Hydraulics ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Laxmi Hydraulics.

Experience wise Laxmi Hydraulics Vendor Development Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
15+ years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr

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Similar Designation salaries in Laxmi Hydraulics

Senior Engineer Salary

(13 salaries)

₹4.5 L/yr - ₹7.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Junior Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.8 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(7 salaries)

₹8.2 L/yr - ₹11.5 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Laxmi Hydraulics

3.5

Rated by 2 employees for salary & benefits

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

Salary - Poor

+5 more

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.

Salary - Good

+4 more

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

Salary - Bad

+6 more

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.

Salary - Good

+5 more

Dislikes

Not leader ship culture in middle management .

Assistant Manager Indirect Purchase (vendor Development) Machining in Solapur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 30 Jan 2025

3.0

for Salary and Benefits

Likes

. Good culture for reference joined employee's and old employees. lobby is following by management and employees.

Dislikes

Culture is very worst. With reference joined employee's having value. lobby is their. No fredom work. Under pressure work. Management every time in agressive mood.

Job security - Bad

+4 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Laxmi Hydraulics Vendor Development Engineer Salary FAQs

What is the salary of Vendor Development Engineer at Laxmi Hydraulics ?

The average salary of a Vendor Development Engineer at Laxmi Hydraulics in India typically ranges from ₹2.5 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Vendor Development Engineer at Laxmi Hydraulics earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Vendor Development Engineer Salaries at Laxmi Hydraulics can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Laxmi Hydraulics employees in India.

What is the estimated take home salary of a Vendor Development Engineer at Laxmi Hydraulics in India?

The estimated take-home salary of a Vendor Development Engineer at Laxmi Hydraulics in India typically ranges from ₹32,559 to ₹33,835 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Laxmi Hydraulics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Laxmi Hydraulics for Vendor Development Engineer in India?

C.R.I. Pumps	₹3.6 Lakhs to ₹6.6 Lakhs per year
Mahindra Truck and Bus	₹3.0 Lakhs to ₹6.2 Lakhs per year
Wipro PARI	₹2.6 Lakhs to ₹7.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Laxmi Hydraulics, depending on the role and experience level.

What is the salary of a Vendor Development Engineer in companies similar to Laxmi Hydraulics in India?

The salary of a Vendor Development Engineer at companies similar to Laxmi Hydraulics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L.G.Balakrishnan & Bros	₹1.2 Lakhs to ₹5.0 Lakhs per year
Matrix ComSec	₹2.9 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Vendor Development Engineer at Laxmi Hydraulics in India?

The salary growth for a Vendor Development Engineer at Laxmi Hydraulics depends on factors such as experience, performance, and promotions. On average, a Vendor Development Engineer can expect the following growth trajectory at Laxmi Hydraulics:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Laxmi Hydraulics Vendor Development Engineer Salaries

Laxmi Hydraulics Vendor Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Laxmi Hydraulics latest salaries received from various employees of Laxmi Hydraulics.