Lucas-TVS Buyer Salaries by 3 Employees (Updated 2025)

2 - 8 years exp.

₹2 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Buyer Salary in Auto Components Companies for 2 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain Buyer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Research & Development Buyer Salary 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 17 Apr 2024

Companies similar to Lucas-TVS for Buyer

Company name	Avg Annual Salary	Open Jobs
Bosch Buyer Salary 3 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹17 L/yr 151% more
ZF Commercial Vehicle Control Systems Buyer Salary 0 - 3 years exp. (6 salaries)	₹2.2 L/yr - ₹7.5 L/yr 27% more
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Faurecia Buyer Salary 2 - 6 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 60% more
Tenneco Buyer Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹4.3 L/yr 33% less
Vestas Buyer Salary 2 - 9 years exp. (107 salaries)	₹3.3 L/yr - ₹9 L/yr 66% more	1 job opening

Buyer salary at Lucas-TVS ranges between ₹2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Buyer salaries

Last Updated: 17 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in Lucas-TVS

Deputy Manager Salary

(39 salaries)

₹7.2 L/yr - ₹18 L/yr

Procurement Buyer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(155 salaries)

₹4.2 L/yr - ₹10.3 L/yr

Purchase Manager Salary

(4 salaries)

₹3.5 L/yr - ₹21 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Purchase Officer Salary

(12 salaries)

₹2 L/yr - ₹5.5 L/yr

Purchase Engineer Salary

(63 salaries)

₹1.55 L/yr - ₹6.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Purchase Executive Salary

(7 salaries)

₹1.2 L/yr - ₹7.5 L/yr

Salary related reviews for Lucas-TVS

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 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

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

Short Term Trainee in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Sep 2023

1.0

for Salary and Benefits

Likes

Only thing good at this is food and ppe kit (The company run by vegan's)

Dislikes

... be run by diploma students It's not a permanent role , It valid only one year They just need fresher who work for low salary , without asking any questions about promotion

Salary - Bad

+6 more

Senior Quality Engineer in Pantnagar

Full Time

Quality Assurance Department

3.0

• posted on 18 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing much to like

Work-life balance - Good

Dislikes

No salary growth, no promotions for straight 5 to 6 years to maximum enployees. For each designation there, 2 to 3 grades..and each grade changes in 3 to 4 years. Means designation will change in 5 to 6 years. One should join here , learn and quit in one year.

Salary - 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 Buyer Salary FAQs

What is the notice period for Buyer at Lucas-TVS?

According to AmbitionBox, 100% of the Lucas-TVS Buyers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Lucas-TVS Buyer Salaries by Location

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Lucas-TVS Buyer Salaries

Lucas-TVS Buyer salary in India ranges between ₹2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.