Lucas-TVS New Delhi Mechanical Engineer Salaries by 4 Employees

1 - 2 years exp.

₹2 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Mechanical Engineer Salary in Auto Components Companies for 1 - 2 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lucas-TVS for Mechanical Engineer in New Delhi

Lucas-TVS Mechanical Engineer Salary

1 - 2 years exp. (4 salaries)

₹2 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Rockman Industries Mechanical Engineer Salary 1 - 7 years exp. (5 salaries)	₹2 L/yr - ₹4.8 L/yr 9% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 9 years exp. (40 salaries)	₹2.4 L/yr - ₹9.5 L/yr 71% more	1 job opening
Login to view exact salary
Delhi City School Mechanical Engineer Salary 0 - 4 years exp. (25 salaries)	₹0.3 L/yr - ₹4 L/yr 32% less
Maruti Suzuki Mechanical Engineer Salary 1 - 7 years exp. (22 salaries)	₹1.2 L/yr - ₹10 L/yr 76% more
Escorts Kubota Limited Mechanical Engineer Salary 0 - 6 years exp. (20 salaries)	₹1.5 L/yr - ₹4.5 L/yr 19% less

Mechanical Engineer salary at Lucas-TVS ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Mechanical Engineer salaries in New Delhi

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Lucas-TVS

Production Engineer Salary

(3 salaries)

₹1.3 L/yr - ₹5.39 L/yr

Top skills at Lucas-TVS for Mechanical Engineer

Application Testing Mechanical Engineering Functional Testing Induction Motors Performance Testing Ac Motors

Salary related reviews for Lucas-TVS

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

see more salary related reviews

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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 Engineer Salary FAQs

What is the salary of Mechanical Engineer at Lucas-TVS in New Delhi?

The average salary of a Mechanical Engineer at Lucas-TVS in New Delhi typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Mechanical Engineer in New Delhi at Lucas-TVS earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. 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 4 Lucas-TVS employees in India.

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

The estimated take-home salary of a Mechanical Engineer at Lucas-TVS in New Delhi typically ranges from ₹24,551 to ₹25,996 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 4 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 Engineer at Lucas-TVS in New Delhi?

To be a Mechanical Engineer at Lucas-TVS in New Delhi, the key skills required include:

- Application Testing
- Mechanical Engineering
- Functional Testing
- Induction Motors
- Performance Testing

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 Engineer in India?

Maruti Suzuki	₹1.2 Lakhs to ₹10.0 Lakhs per year
Larsen & Toubro Limited	₹2.4 Lakhs to ₹9.5 Lakhs per year
Rockman Industries	₹2.0 Lakhs to ₹4.8 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 Engineer in companies similar to Lucas-TVS in New Delhi?

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

Escorts Kubota Limited	₹1.5 Lakhs to ₹4.5 Lakhs per year
Delhi City School	₹0.3 Lakhs to ₹4.0 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 Engineer at Lucas-TVS in New Delhi?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Lucas-TVS Mechanical Engineer Salaries in New Delhi

Lucas-TVS Mechanical Engineer salary in New Delhi ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.