LMW Textile Machinery Division Engineer Salaries by 3 Employees

3 - 7 years exp.

₹4 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Engineer Salary for 3 - 7 years of experience

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Last Updated: 18 May 2024

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Engineer salary at LMW Textile Machinery Division ranges between ₹4 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of LMW Textile Machinery Division.

Experience wise LMW Textile Machinery Division Engineer salaries

Last Updated: 18 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in LMW Textile Machinery Division

Officer Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Senior Engineer Salary

(6 salaries)

₹6 L/yr - ₹9 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Technician Salary

(3 salaries)

₹2.5 L/yr - ₹3.3 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Salary related reviews for LMW Textile Machinery Division

3.0

Rated by 1 employees for salary & benefits

Boiler Engineer in Coimbatore

Cots and Aprons Department

5.0

• posted on 18 Aug 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing

Vendor Quality in Coimbatore

Quality Department

4.0

• posted on 27 Apr 2021

5.0

for Salary and Benefits

Likes

The company holds traditional values to its heart, yet they embrace latest technologies to take the company forward. Priority for customers is one of the major pluses at LMW. At the same time, employees' welfare activities such as conducting regular healthcare camps, traditional pooja celebrations, etc., are part of life at LMW.

Salary - Excellent

+5 more

Dislikes

Job security at LMW is one focus area concerns staff members. Career growth is consistent at LMW and talents are recognized, but the growth trajectory will take time and need to wait patiently.

Senior Engineer in Coimbatore

New Product Development Department

2.0

• posted on 04 Oct 2021

3.0

for Salary and Benefits

Likes

Finance Management is good. No hindrance in Bill payments and salaries.

Dislikes

Talented Professionals are not staying. All my Gold Medalist Seniors and others had quit or were sometimes advised (mislead) by higher-ranking persons to change their careers. Almost all the worthy Textile Technologists from reputed college left the job. It is unfortunate to look for someone's weakness rather than to compliment and utilize their strengths for the development of the organization. Even if the HOD knows the value of the work done, unable to recognize it, since the power center lies to someone. Not having the interest of Common goals of company growth even at higher levels. In total, Lack of professionalism but only a survival strategy always.

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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LMW Textile Machinery Division Engineer Salary FAQs

How the salary growth look like for a Engineer at LMW Textile Machinery Division in India?

The salary growth for a Engineer at LMW Textile Machinery Division depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at LMW Textile Machinery Division:

Experience	Average Salary Range
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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LMW Textile Machinery Division Engineer Salaries

LMW Textile Machinery Division Engineer salary in India ranges between ₹4 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LMW Textile Machinery Division latest salaries received from various employees of LMW Textile Machinery Division.