Lucas-TVS Chennai Mechanical Engg. Design Salaries by 8 Employees

1 - 10 years exp.

₹4.7 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Mechanical Engg. Design Salary in Auto Components Companies for 1 - 10 years of experience

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Last Updated: 6 Dec 2024

Companies similar to Lucas-TVS for Mechanical Engg. Design in Chennai

Lucas-TVS Mechanical Engg. Design Salary

1 - 10 years exp. (8 salaries)

₹4.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Valeo Mechanical Engg. Design Salary 1 - 7 years exp. (60 salaries)	₹4.3 L/yr - ₹10 L/yr 43% more
Michelin Mechanical Engg. Design Salary 5 - 8 years exp. (5 salaries)	₹5.3 L/yr - ₹10 L/yr 60% more
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Apollo Tyres Mechanical Engg. Design Salary 1 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹8 L/yr 9% less
Aptiv Mechanical Engg. Design Salary 1 - 3 years exp. (3 salaries)	₹6 L/yr - ₹6.5 L/yr 20% more
Forvia Hella Mechanical Engg. Design Salary 4 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹7.5 L/yr 18% more

Mechanical Engg. Design salary at Lucas-TVS ranges between ₹4.7 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Mechanical Engg. Design salaries in Chennai

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

View all

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Top skills at Lucas-TVS for Mechanical Engg. Design

Design Design Engineering

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,

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lucas-TVS Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Lucas-TVS in Chennai?

The average salary of a Mechanical Engg. Design at Lucas-TVS in Chennai typically ranges from ₹4.7 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Mechanical Engg. Design in Chennai at Lucas-TVS earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Mechanical Engg. Design 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 8 Lucas-TVS employees in India.

What is the estimated take home salary of a Mechanical Engg. Design at Lucas-TVS in Chennai?

The estimated take-home salary of a Mechanical Engg. Design at Lucas-TVS in Chennai typically ranges from ₹38,248 to ₹39,439 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 8 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mechanical Engg. Design at Lucas-TVS in Chennai?

To be a Mechanical Engg. Design at Lucas-TVS in Chennai, the key skills required include:

- Design
- Design Engineering

These skills are highly valued at Lucas-TVS and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Lucas-TVS for Mechanical Engg. Design in India?

Michelin	₹5.3 Lakhs to ₹10.0 Lakhs per year
Valeo	₹4.3 Lakhs to ₹10.0 Lakhs per year
Aptiv	₹6.0 Lakhs to ₹6.5 Lakhs per year
Forvia Hella	₹3.8 Lakhs to ₹7.5 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 Mechanical Engg. Design in companies similar to Lucas-TVS in Chennai?

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

Apollo Tyres

₹3.4 Lakhs to ₹8.0 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 Mechanical Engg. Design at Lucas-TVS in Chennai?

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

Experience	Average Salary Range
1 year	₹4.3 Lakhs to ₹5.4 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Lucas-TVS Mechanical Engg. Design Salaries in Chennai

Lucas-TVS Mechanical Engg. Design salary in Chennai ranges between ₹4.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lucas-TVS latest salaries received from various employees of Lucas-TVS.