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LNV Technology Procurement Engineer salaries in Chennai

Annual salary range
2 - 12 years exp.
₹3.5 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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27% less than the average Procurement Engineer Salary in Industrial Machinery Companies for 2 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Procurement & Supply Chain
Procurement Engineer Salary
2 - 6 years exp. (3 salaries)
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₹3.5 L/yr - ₹3.5 L/yr

Project & Program Management
Procurement Engineer Salary
12 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Last Updated: 1 Jul 2023

Companies similar to LNV Technology for Procurement Engineer in Chennai

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LNV Technology Procurement Engineer Salary

2 - 12 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹6.7 L/yr

arrow icon 5% less
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₹2.9 L/yr - ₹7 L/yr

arrow icon 2% less
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Foxconn Procurement Engineer Salary

2 - 9 years exp. (13 salaries)

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₹2.6 L/yr - ₹6.8 L/yr

arrow icon 10% more
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VA Tech Wabag Procurement Engineer Salary

2 - 9 years exp. (13 salaries)

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₹4.5 L/yr - ₹6.5 L/yr

arrow icon 29% more
1 job opening
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₹1.8 L/yr - ₹5 L/yr

arrow icon 21% less
Procurement Engineer salary at LNV Technology ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of LNV Technology.

Latest annual salaries shared by LNV Technology Procurement Engineer in Chennai

1y ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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12 years exp.

Experience wise LNV Technology Procurement Engineer salaries in Chennai

Last Updated: 1 Jul 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in LNV Technology

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₹3 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(3 salaries)
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₹6.5 L/yr - ₹12.2 L/yr
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₹4.8 L/yr - ₹9 L/yr

Top skills at LNV Technology for Procurement Engineer

Electronic Components Procurement

Salary related reviews for LNV Technology

Marketing & Communication Department

4.0
  •  posted on 03 May 2018

5.0
 for  Salary and Benefits

Likes

Nice and growing company in the field of cement and cement based WHRS system.. there is a sustainable growth in WHRS business

read more
  • Salary - Excellent
  • +3 more

Dislikes

Well co operative teammates, very low salary profile when compare to market

read more

Contractual

 · 

Construction & Site Engineering Department

5.0
  •  posted on 31 Dec 2024

5.0
 for  Salary and Benefits

Likes

...tive designs, offering site engineers excellent opportunities to learn and grow. Additionally, the company ensures timely salary payments, provides mess and transport facilities, and has supportive leadership, making it an ideal workplace.

read more
  • Salary - Excellent
  • +6 more

Dislikes

If we look closely, many shortcomings can be pointed out here as well, but almost every company in this line of work has a similar work culture. So, stay positive.

read more

Full Time

 · 

Construction & Site Engineering Department

2.0
  •  posted on 26 May 2022

1.0
 for  Salary and Benefits

Likes

I have worked here for past two years. Also got previous experience of about four years but here the salary hike is very worst compared to other concern in Chennai.

read more

Dislikes

No way you can develop financially while you work here, the concern won't think the employee difficulty on this costly World. They won't make appraisal for frequent years two years once or three years once the appraisal made here. Better plan to avoid this concern

read more
  • Salary - Bad
  • +4 more

Data Science & Analytics Department

3.0
  •  posted on 27 Dec 2021

2.0
 for  Salary and Benefits

Likes

Overall it was not cakewalk but thorns walk

  • Job security - Good

Dislikes

Politics and poor training ,No guarantee of salary increase,Definitely give salary on time.Team mates are good.Company gives least preference to below manager levels.

read more
  • Salary - Poor
  • +2 more

Procurement & Supply Chain Department

2.0
  •  posted on 20 Oct 2020

1.0
 for  Salary and Benefits

Likes

All teammates are supportive

Dislikes

There is lot of issues and difference between on role and off role employees, payslip not provide to off role employees, reimbursement process is very poor it will take more and more time,F&F not provide ,and no job assurance company relieve employees any time

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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LNV Technology Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at LNV Technology in Chennai?
The average salary of a Procurement Engineer at LNV Technology in Chennai typically ranges from ₹3.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Procurement Engineer in Chennai at LNV Technology earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Procurement Engineer Salaries at LNV Technology 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 4 LNV Technology employees in India.
What is the estimated take home salary of a Procurement Engineer at LNV Technology in Chennai?
The estimated take-home salary of a Procurement Engineer at LNV Technology in Chennai typically ranges from ₹29,330 to ₹30,704 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 12 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 4 salaries received from various employees of LNV Technology. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Procurement Engineer at LNV Technology in Chennai?
To be a Procurement Engineer at LNV Technology in Chennai, the key skills required include:

  • - Electronic Components
  • - Procurement

These skills are highly valued at LNV Technology and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than LNV Technology for Procurement Engineer in India?
VA Tech Wabag ₹4.5 Lakhs to ₹6.5 Lakhs per year
Foxconn ₹2.6 Lakhs to ₹6.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LNV Technology, depending on the role and experience level.
What is the salary of a Procurement Engineer in companies similar to LNV Technology in Chennai?
The salary of a Procurement Engineer at companies similar to LNV Technology in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BGR Energy Systems ₹2.9 Lakhs to ₹7.0 Lakhs per year
Tractors and Farm Equipment ₹2.4 Lakhs to ₹6.7 Lakhs per year
Metec Design & Construction Engineers ₹1.8 Lakhs to ₹5.0 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 Procurement Engineer at LNV Technology in Chennai?
The salary growth for a Procurement Engineer at LNV Technology in Chennai depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer in Chennai can expect the following growth trajectory at LNV Technology:

Experience Average Salary Range
2 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
5 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
6 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
12 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

LNV Technology Procurement Engineer salary in Chennai ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 LNV Technology latest salaries received from various employees of LNV Technology.