Lucas-TVS Chennai Diploma Mechanical Engineer Salaries by 30+ Employees

1 - 5 years exp.

₹1 Lakh - ₹4.5 Lakhs

Salary of majority employees

9% less than the average Diploma Mechanical Engineer Salary in Auto Components Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 1 - 5 years exp. (21 salaries)	₹1.5 L/yr - ₹4.5 L/yr
Aviation & Aerospace Diploma Mechanical Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.3 L/yr
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Research & Development Diploma Mechanical Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.6 L/yr

Last Updated: 30 Nov 2024

Companies similar to Lucas-TVS for Diploma Mechanical Engineer in Chennai

Lucas-TVS Diploma Mechanical Engineer Salary

1 - 5 years exp. (32 salaries)

₹1 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Apollo Tyres Diploma Mechanical Engineer Salary 0 - 9 years exp. (16 salaries)	₹1.8 L/yr - ₹4.1 L/yr 17% more
Hyundai Mobis Diploma Mechanical Engineer Salary 1 - 5 years exp. (13 salaries)	₹1.4 L/yr - ₹2.5 L/yr 18% less
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Amara Raja Group Diploma Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹3.6 L/yr 55% more
Hyundai Motor India Limited Diploma Mechanical Engineer Salary 0 - 7 years exp. (269 salaries)	₹1.5 L/yr - ₹4.5 L/yr 14% more
Royal Enfield Diploma Mechanical Engineer Salary 1 - 6 years exp. (61 salaries)	₹1.4 L/yr - ₹3.5 L/yr 5% less

Diploma Mechanical Engineer salary at Lucas-TVS ranges between ₹1 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 32 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Diploma Mechanical Engineer salaries in Chennai

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
1 year (9 salaries)	₹1 L/yr - ₹2 L/yr
2 years (8 salaries)	₹1.3 L/yr - ₹2.2 L/yr
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3 years (9 salaries)	₹2 L/yr - ₹4 L/yr
4 years (4 salaries)	₹2.3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Lucas-TVS

Senior Engineer Salary

(110 salaries)

₹4.2 L/yr - ₹10.2 L/yr

Production Engineer Salary

(70 salaries)

₹1 L/yr - ₹7.55 L/yr

Assistant Engineer Salary

(34 salaries)

₹3 L/yr - ₹5.3 L/yr

Mechanical Engineer Salary

(18 salaries)

₹1.15 L/yr - ₹5.85 L/yr

Maintenance Engineer Salary

(11 salaries)

₹2 L/yr - ₹6.77 L/yr

Electrical Engineer Salary

(6 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Lucas-TVS

4.3

Rated by 5 employees for salary & benefits

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.

Salary - Bad

+6 more

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.

Company culture - Good

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.

Supervisor

Production, Manufacturing & Engineering Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

This company is open to innovation and readily adopts latest technology. I love the fact that iam part off team, high quality products ,no travelnot available, and work happily in collaboration. So very good

Skill development - Good

+4 more

Dislikes

...Sometimes, I have work 16-18 hours straight in a day as I have to attend shifts. Many time iam coming in night shifts ,travel vehicle not arrange then full problem, salary is very low level, no on job training only work. Which is pain somtimes.

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

Salary - Bad

+6 more

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.

Skill development - Good

+2 more

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

Company culture - Poor

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Shifting from Bangalore to Hyderabad

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Lucas-TVS Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Lucas-TVS in Chennai?

The average salary of a Diploma Mechanical Engineer at Lucas-TVS in Chennai typically ranges from ₹1.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Diploma Mechanical Engineer in Chennai at Lucas-TVS earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Diploma Mechanical Engineer Salaries at Lucas-TVS 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 30+ Lucas-TVS employees in India.

What is the estimated take home salary of a Diploma Mechanical Engineer at Lucas-TVS in Chennai?

The estimated take-home salary of a Diploma Mechanical Engineer at Lucas-TVS in Chennai typically ranges from ₹15,983 to ₹17,635 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 30+ salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lucas-TVS for Diploma Mechanical Engineer in India?

Amara Raja Group	₹3.5 Lakhs to ₹3.6 Lakhs per year
Apollo Tyres	₹1.8 Lakhs to ₹4.1 Lakhs per year
Hyundai Motor India Limited	₹1.5 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lucas-TVS, depending on the role and experience level.

What is the salary of a Diploma Mechanical Engineer in companies similar to Lucas-TVS in Chennai?

The salary of a Diploma Mechanical Engineer at companies similar to Lucas-TVS in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Royal Enfield	₹1.4 Lakhs to ₹3.5 Lakhs per year
Hyundai Mobis	₹1.4 Lakhs to ₹2.5 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 Diploma Mechanical Engineer at Lucas-TVS in Chennai?

The salary growth for a Diploma Mechanical Engineer at Lucas-TVS in Chennai depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer in Chennai can expect the following growth trajectory at Lucas-TVS:

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.3 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.0 Lakhs per year
4 years	₹2.3 Lakhs to ₹4.5 Lakhs per year

and so on.

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Lucas-TVS Diploma Mechanical Engineer Salaries in Chennai

Lucas-TVS Diploma Mechanical Engineer salary in Chennai ranges between ₹1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Lucas-TVS latest salaries received from various employees of Lucas-TVS.