Lucas-TVS Assistant Manager Design & Development Salaries by 6 Employees (Updated 2025)

7 - 12 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Assistant Manager Design & Development Salary in Auto Components Companies for 7 - 12 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Lucas-TVS for Assistant Manager Design & Development

Company name	Avg Annual Salary	Open Jobs
Bosch Assistant Manager Design & Development Salary 5 - 8 years exp. (3 salaries)	₹8.5 L/yr - ₹10.1 L/yr 3% less
UNO Minda Assistant Manager Design & Development Salary 5 - 7 years exp. (4 salaries)	₹1.4 L/yr - ₹8 L/yr 61% less
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Endurance Technologies Assistant Manager Design & Development Salary 7 - 11 years exp. (4 salaries)	₹6.4 L/yr - ₹7 L/yr 31% less
Ask Automotive Assistant Manager Design & Development Salary 8 - 11 years exp. (3 salaries)	₹6.2 L/yr - ₹7 L/yr 30% less
Godrej & Boyce Manufacturing Assistant Manager Design & Development Salary 2 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹9.2 L/yr 29% less

Assistant Manager Design & Development salary at Lucas-TVS ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Assistant Manager Design & Development salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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9 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.1 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr

View all

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Salary related reviews for Lucas-TVS

4.0

Rated by 1 employees for salary & benefits

Senior Design Engineer in Chennai

Full Time

Research & Development Department

3.0

• posted on 02 Oct 2024

3.0

for Salary and Benefits

Likes

Good food, very good learning because they will dumb the work so you will start to learn.. nice uniform,

Skill development - Good

+1 more

Dislikes

All Saturday working, no sick leave or emergency leave, poor appraisal percentage, huge politics, salary scale is too poor compared to market.

Promotions - Poor

+2 more

Research And Development in Chennai

Research & Development Department

3.0

• posted on 22 Jul 2021

2.0

for Salary and Benefits

Likes

1. Good organisation for fresher 2. Work Life Balance depends on the department. 3. Free breakfast and Lunch

Skill development - Excellent

+3 more

Dislikes

1. poor Financial Growth 2. Whatever the Negotiated salary you will get only at the end of first year. 3. Six days working.

Salary - Poor

+1 more

Graduate Apprentice Trainee in Chennai

Production Department

2.0

• posted on 16 Aug 2018

1.0

for Salary and Benefits

Likes

The work load is pretty less compared to other automobile industries. The working standards are safer .

Dislikes

Longer working hours with no overtime pay , sometimes you may be forced to work on Sundays too and change shifts.

Salary - Bad

+4 more

Middle Level Manager in Chennai

Full Time

Other Department

4.0

• posted on 10 Nov 2024

2.0

for Salary and Benefits

Likes

Great company for learning. Mistakes are not seen fatal Good facilities

Job security - Excellent

+1 more

Dislikes

Non standard salary compensation. Outside talents are respected more than inhouse talents N+1 decides your growth. Effort, output and Recognition is not comparable across verticals/ departments

Salary - Poor

Senior Engineer Mechanical in Pondicherry / Puducherry

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 28 Feb 2024

3.0

for Salary and Benefits

Likes

Only thing food is provided

Dislikes

...gned. This can lead to dissatisfaction and confusion for new employees. Salary Hike and CTC: Negotiating a 20-30% hike is commendable, but the lack of clarity regarding the CTC (Cost to Company) in the offer can be misleading. Employees deserve accurate information upfront. Deductions and Hidden Costs: Deducting costs such as medical allowance, insurance, LTA, lunch, snacks, uniform, and transport without clear communication can be frustrating. Transparency is crucial to build trust. Leave Policy: Having only 14 days of earned leave (without casual or sick leaves) seems restrictive. Adequate leave provisions are essential for work-life balance. Resignation Process and Offer Correction: If you are hired by Lucas-TVS, it is crucial to receive a formal offer letter before taking any steps related to resignation. Insist on having all terms and conditions in writing, including the designation, compensation, and other relevant details. If the offer is not provided officially over email or in writing, exercise caution and seek clarification. The subsequent threat of cancellation adds unnecessary stress. Correcting the offer after joining, especially regarding designation and CTC, is unfair and disappointing. THE COMPANY IS NOT FOR ENERGETIC ONES

Skill development - Bad

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Lucas-TVS Assistant Manager Design & Development Salary FAQs

What is the salary of Assistant Manager Design & Development at Lucas-TVS?

Assistant Manager Design & Development salary at Lucas-TVS in India ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 9% more than the average Assistant Manager Design & Development Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Lucas-TVS India.

How does the salary of a Assistant Manager Design & Development at Lucas-TVS India compare with the average salary range for this job?

The average salary of a Assistant Manager Design & Development at Lucas-TVS is 9% more than the average salary of a Assistant Manager Design & Development in India. To know exact salary insights, login to view.

What is the salary of a Assistant Manager Design & Development in companies similar to Lucas-TVS in India?

Bosch Assistant Manager Design & Development Salary - ₹8.5 Lakhs to ₹10.1 Lakhs per year
Godrej & Boyce Manufacturing Assistant Manager Design & Development Salary - ₹5.5 Lakhs to ₹9.2 Lakhs per year
Ask Automotive Assistant Manager Design & Development Salary - ₹6.2 Lakhs to ₹7.0 Lakhs per year
Endurance Technologies Assistant Manager Design & Development Salary - ₹6.4 Lakhs to ₹7.0 Lakhs per year
UNO Minda Assistant Manager Design & Development Salary - ₹1.4 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager Design & Development at Lucas-TVS in India?

The estimated take-home salary of a Assistant Manager Design & Development at Lucas-TVS ranges between ₹68,937 per month to ₹70,707 per month in India. The take-home salary calculation is based on the average Lucas-TVS Assistant Manager Design & Development salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager Design & Development at Lucas-TVS?

According to AmbitionBox, 67% of the Lucas-TVS Assistant Manager Design & Developments reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Lucas-TVS Assistant Manager Design & Development Salaries

Lucas-TVS Assistant Manager Design & Development salary in India ranges between ₹8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Lucas-TVS latest salaries received from various employees of Lucas-TVS.