Lucas-TVS new Product Development Engineer Salaries by 20+ Employees (Updated 2024)

0 - 21 years exp.

₹2.2 Lakhs - ₹8.5 Lakhs

Salary of majority employees

43% more than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 21 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 1 - 13 years exp. (17 salaries)	₹3.5 L/yr - ₹8.5 L/yr
Production, Manufacturing & Engineering new Product Development Engineer Salary 1 - 20 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹7 L/yr
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Project & Program Management new Product Development Engineer Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹8.1 L/yr

Last Updated: 20 Nov 2024

Companies similar to Lucas-TVS for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda new Product Development Engineer Salary 1 - 6 years exp. (17 salaries)	₹2 L/yr - ₹6.6 L/yr 22% less
Amara Raja Energy & Mobility new Product Development Engineer Salary 2 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹5.8 L/yr 29% less
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Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 34% more
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 18% less
Endurance Technologies new Product Development Engineer Salary 1 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 46% less
Apollo Tyres new Product Development Engineer Salary 1 - 10 years exp. (9 salaries)	₹5.5 L/yr - ₹9 L/yr 17% more
Tenneco new Product Development Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.1 L/yr - ₹6.8 L/yr 36% less
Continental Automotive Components new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.7 L/yr 45% less
Napino Auto & Electronics new Product Development Engineer Salary 6 - 8 years exp. (4 salaries)	₹4.6 L/yr - ₹5.5 L/yr 7% less
Ask Automotive new Product Development Engineer Salary 0 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 46% less
Valeo new Product Development Engineer Salary 3 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹10.5 L/yr 23% more
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Yazaki new Product Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 33% less
Michelin new Product Development Engineer Salary 7 - 11 years exp. (3 salaries)	₹11.6 L/yr - ₹16.4 L/yr 141% more
Forvia Hella new Product Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 54% less
Amara Raja Group new Product Development Engineer Salary 0 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 38% less

new Product Development Engineer salary at Lucas-TVS ranges between ₹2.2 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 21 years. Salary estimates are based on 25 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS new Product Development Engineer salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
1 year (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (4 salaries)	₹2.1 L/yr - ₹6.4 L/yr
10 years (4 salaries)	₹5.1 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
15+ years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Lucas-TVS

Product Development Engineer Salary

(7 salaries)

₹4.45 L/yr - ₹5.02 L/yr

Development Engineer Salary

(59 salaries)

₹2.15 L/yr - ₹6.55 L/yr

Production Engineer Salary

(159 salaries)

₹1 L/yr - ₹8 L/yr

Senior Design Engineer Salary

(26 salaries)

₹5 L/yr - ₹9.85 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.5 L/yr - ₹16 L/yr

Production Officer Salary

(4 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Assistant Engineer Salary

(90 salaries)

₹2.45 L/yr - ₹5.3 L/yr

Production Manager Salary

(6 salaries)

₹8.05 L/yr - ₹13.24 L/yr

Design Engineer Salary

(78 salaries)

₹2 L/yr - ₹7.2 L/yr

Mechanical Engineer Salary

(40 salaries)

₹1.15 L/yr - ₹5.85 L/yr

Salary related reviews for Lucas-TVS

1.0

Rated by 1 employees for salary & benefits

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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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 new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Lucas-TVS?

new Product Development Engineer salary at Lucas-TVS in India ranges between ₹2.2 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 21 years. According to our estimates it is 43% more than the average new Product Development Engineer Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Lucas-TVS India.

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

The average salary of a new Product Development Engineer at Lucas-TVS is 43% more than the average salary of a new Product Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lucas-TVS to a new Product Development Engineer in India?

Michelin new Product Development Engineer Salary - ₹11.6 Lakhs to ₹16.4 Lakhs per year
Sundaram Clayton new Product Development Engineer Salary - ₹3.2 Lakhs to ₹11.3 Lakhs per year
Valeo new Product Development Engineer Salary - ₹2.3 Lakhs to ₹10.5 Lakhs per year
Apollo Tyres new Product Development Engineer Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year

What is the salary of a new Product Development Engineer in companies similar to Lucas-TVS in India?

Napino Auto & Electronics new Product Development Engineer Salary - ₹4.6 Lakhs to ₹5.5 Lakhs per year
Bharat Forge new Product Development Engineer Salary - ₹3.9 Lakhs to ₹5.6 Lakhs per year
UNO Minda new Product Development Engineer Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year
Amara Raja Energy & Mobility new Product Development Engineer Salary - ₹3.3 Lakhs to ₹5.8 Lakhs per year
Yazaki new Product Development Engineer Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a new Product Development Engineer at Lucas-TVS in India?

The estimated take-home salary of a new Product Development Engineer at Lucas-TVS ranges between ₹42,666 per month to ₹43,791 per month in India. The take-home salary calculation is based on the average Lucas-TVS new Product Development Engineer salary in India which ranges between ₹2.2 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 21 years. Check how did we calculate take home salary?

What is the notice period for new Product Development Engineer at Lucas-TVS?

According to AmbitionBox, 57% of the Lucas-TVS new Product Development Engineers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Lucas-TVS new Product Development Engineer Salaries

Lucas-TVS new Product Development Engineer salary in India ranges between ₹2.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Lucas-TVS latest salaries received from various employees of Lucas-TVS.

Lucas-TVS new Product Development Engineer salaries in India

Companies similar to Lucas-TVS for new Product Development Engineer

Latest annual salaries shared by Lucas-TVS new Product Development Engineer

Experience wise Lucas-TVS new Product Development Engineer salaries

Similar Designation salaries in Lucas-TVS

Salary related reviews for Lucas-TVS

Senior Design Engineer in Chennai

Assistant Engineer in Chennai

Production Engineer

Production Engineer in Rewari

Assistant Engineer in Pondicherry / Puducherry

Lucas-TVS new Product Development Engineer Salary FAQs

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