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

7 - 12 years exp.

₹8 Lakhs - ₹12 Lakhs

Salary of majority employees

Fixed (100%)

₹9.7 Lakhs

Variable (0%)

₹0.0

16% less 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 in Chennai

Lucas-TVS Assistant Manager Design & Development Salary

7 - 12 years exp. (6 salaries)

₹8 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Renault Nissan Technology & Business Centre India Assistant Manager Design & Development Salary 12 - 16 years exp. (4 salaries)	₹13.5 L/yr - ₹17.5 L/yr 58% more
Syrma SGS Technologies Assistant Manager Design & Development Salary 5 - 9 years exp. (4 salaries)	₹9 L/yr - ₹13.5 L/yr 20% more
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Sellowrap Industries Assistant Manager Design & Development Salary 9 - 20 years exp. (3 salaries)	₹8 L/yr - ₹9.5 L/yr 10% less
Schwing Stetter Assistant Manager Design & Development Salary 10 - 12 years exp. (3 salaries)	₹11 L/yr - ₹12.2 L/yr 21% more
Bonfiglioli Transmissions Private Limited Assistant Manager Design & Development Salary 9 - 11 years exp. (3 salaries)	₹8.5 L/yr - ₹11.5 L/yr 2% more

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 in Chennai

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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10 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

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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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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Lucas-TVS Assistant Manager Design & Development Salary FAQs

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

Assistant Manager Design & Development salary at Lucas-TVS in Chennai ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 16% less 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 Chennai.

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

The average salary of a Assistant Manager Design & Development at Lucas-TVS is 16% less than the average salary of a Assistant Manager Design & Development in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Lucas-TVS to a Assistant Manager Design & Development in Chennai?

Renault Nissan Technology & Business Centre India Assistant Manager Design & Development Salary - ₹13.5 Lakhs to ₹17.5 Lakhs per year
Schwing Stetter Assistant Manager Design & Development Salary - ₹11.0 Lakhs to ₹12.2 Lakhs per year
Syrma SGS Technologies Assistant Manager Design & Development Salary - ₹9.0 Lakhs to ₹13.5 Lakhs per year
Bonfiglioli Transmissions Private Limited Assistant Manager Design & Development Salary - ₹8.5 Lakhs to ₹11.5 Lakhs per year

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

Sellowrap Industries Assistant Manager Design & Development Salary - ₹8.0 Lakhs to ₹9.5 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Design & Development at Lucas-TVS ranges between ₹69,984 per month to ₹71,784 per month in Chennai. 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 in Chennai?

According to AmbitionBox, 67% of the Lucas-TVS Assistant Manager Design & Developments in Chennai 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 in Chennai

Lucas-TVS Assistant Manager Design & Development salary in Chennai 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.

Lucas-TVS Assistant Manager Design & Development salaries in Chennai

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

Latest annual salaries shared by Lucas-TVS Assistant Manager Design & Development in Chennai

Experience wise Lucas-TVS Assistant Manager Design & Development salaries in Chennai

Similar Designation salaries in Lucas-TVS

Salary related reviews for Lucas-TVS

Senior Design Engineer in Chennai

Research And Development in Chennai

Graduate Apprentice Trainee in Chennai

Middle Level Manager in Chennai

Senior Engineer Mechanical in Pondicherry / Puducherry

Lucas-TVS Assistant Manager Design & Development Salary FAQs

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