Lucas-TVS Chennai Design and Product Development Engineer Salaries by 8 Employees (Updated 2024)

3 - 11 years exp.

₹4.9 Lakhs - ₹8 Lakhs

Salary of majority employees

At par with the average Design and Product Development Engineer Salary in Auto Components Companies for 3 - 11 years of experience

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Last Updated: 6 Oct 2024

Companies similar to Lucas-TVS for Design and Product Development Engineer in Chennai

Lucas-TVS Design and Product Development Engineer Salary

3 - 11 years exp. (8 salaries)

₹4.9 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Aptiv Design and Product Development Engineer Salary 4 - 11 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 57% more
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary 3 - 8 years exp. (11 salaries)	₹5 L/yr - ₹8.9 L/yr 14% more
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MRF Tyres Design and Product Development Engineer Salary 1 - 3 years exp. (8 salaries)	₹5 L/yr - ₹7.8 L/yr 9% more
Tube Investments of India Design and Product Development Engineer Salary 1 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹7.2 L/yr 21% less
Ashok Leyland Design and Product Development Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹4.9 L/yr 32% less

Design and Product Development Engineer salary at Lucas-TVS ranges between ₹4.9 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Design and Product Development Engineer salaries in Chennai

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr

View all

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Salary related reviews for Lucas-TVS

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,

Dislikes

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

Assistant Engineer in Chennai

Defense Department

1.0

• posted on 18 Aug 2021

1.0

for Salary and Benefits

Likes

...kers. Worst company . You will not have any kind of improvements in skill wise..also salary wise.

Dislikes

Simply... a weak management. If you can cheat and chainchap to ur boss. Its ur place. No hard work required. Chainchap.

Production Engineer

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Aug 2019

3.0

for Salary and Benefits

Likes

Overall company growth is good and job security is not bad and learning more. But salary/ appraisal is not good growth. And work life balance also ok.

Dislikes

Training level is not good and job security is not good in current situation and salary is not good growth. Learning and work environment also not good.

Production Engineer in Rewari

Production engineer Department

2.0

• posted on 06 Oct 2018

1.0

for Salary and Benefits

Likes

...curity is terrible and staff behaviour is very poor with talking, rude behavior. And salary not provided on time and overall company is not good for job.... As our future.

Dislikes

Everything is not in this company plz do not join this company waste your time

Assistant Engineer in Pondicherry / Puducherry

Process (Engineering) Department

3.0

• posted on 02 Jan 2019

3.0

for Salary and Benefits

Likes

Hello, In my experience, Lucas TVS is been a wonderful platform for beginners to learn more Skill & knowledge. Reasonable renumerance & benefits. I don't recommend beginners to not to stick around for more than 3 years.

Dislikes

...ull on politics, politics everywhere keep that in mind. Not much in low level. Salary & grade revision is an absolute non-sense. Its all about your learning rather than depending on others. No OT or allowances

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lucas-TVS Design and Product Development Engineer Salary FAQs

What is the salary of Design and Product Development Engineer at Lucas-TVS Chennai?

Design and Product Development Engineer salary at Lucas-TVS in Chennai ranges between ₹4.9 Lakhs to ₹8.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 1% less than the average Design and Product Development Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS Chennai.

How does the salary of a Design and Product Development Engineer at Lucas-TVS Chennai compare with the average salary range for this job?

The average salary of a Design and Product Development Engineer at Lucas-TVS is 1% less than the average salary of a Design and Product Development Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Lucas-TVS to a Design and Product Development Engineer in Chennai?

Aptiv Design and Product Development Engineer Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Renault Nissan Technology & Business Centre India Design and Product Development Engineer Salary - ₹5.0 Lakhs to ₹8.9 Lakhs per year
MRF Tyres Design and Product Development Engineer Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year

What is the salary of a Design and Product Development Engineer in companies similar to Lucas-TVS in Chennai?

Tube Investments of India Design and Product Development Engineer Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
Ashok Leyland Design and Product Development Engineer Salary - ₹1.7 Lakhs to ₹4.9 Lakhs per year

What is the estimated take home salary of a Design and Product Development Engineer at Lucas-TVS in Chennai?

The estimated take-home salary of a Design and Product Development Engineer at Lucas-TVS ranges between ₹42,665 per month to ₹43,790 per month in Chennai. The take-home salary calculation is based on the average Lucas-TVS Design and Product Development Engineer salary in India which ranges between ₹4.9 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Design and Product Development Engineer at Lucas-TVS in Chennai?

According to AmbitionBox, 100% of the Lucas-TVS Design and Product Development Engineers in Chennai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Lucas-TVS Design and Product Development Engineer Salaries in Chennai

Lucas-TVS Design and Product Development Engineer salary in Chennai ranges between ₹4.9 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lucas-TVS latest salaries received from various employees of Lucas-TVS.