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Lucas-TVS

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3.9

based on 1.6k Reviews

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Lucas-TVS new Product Development Engineer salaries in India (Updated 2025)

Annual salary range
0 - 21 years exp.
₹2.2 Lakhs - ₹8.5 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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39% more than the average new Product Development Engineer Salary in Auto Components Companies for 0 - 21 years of experience

Interested in this particular role?

Salaries in different departments

Research & Development
new Product Development Engineer Salary
1 - 13 years exp. (17 salaries)
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₹3.5 L/yr - ₹8.5 L/yr

Production, Manufacturing & Engineering
new Product Development Engineer Salary
1 - 20 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹7 L/yr

Project & Program Management
new Product Development Engineer Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.1 L/yr

Last Updated: 12 Mar 2025

Companies similar to Lucas-TVS for new Product Development Engineer

Company name Avg Annual Salary Open Jobs
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UNO Minda new Product Development Engineer Salary

1 - 6 years exp. (16 salaries)
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₹2.2 L/yr - ₹6.6 L/yr

arrow icon 25% less
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Apollo Tyres new Product Development Engineer Salary

1 - 10 years exp. (9 salaries)
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₹5.5 L/yr - ₹9 L/yr

arrow icon 16% more
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Tenneco new Product Development Engineer Salary

1 - 7 years exp. (7 salaries)
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₹2.1 L/yr - ₹6.8 L/yr

arrow icon 36% less
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Continental Automotive Components new Product Development Engineer Salary

2 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 42% less
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Bridgestone new Product Development Engineer Salary

3 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 23% less
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Napino Auto & Electronics new Product Development Engineer Salary

6 - 7 years exp. (4 salaries)
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₹4.6 L/yr - ₹5.5 L/yr

arrow icon 8% less
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Ask Automotive new Product Development Engineer Salary

0 - 11 years exp. (4 salaries)
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₹2.2 L/yr - ₹4 L/yr

arrow icon 46% less
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Valeo new Product Development Engineer Salary

3 - 15 years exp. (4 salaries)
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₹2.3 L/yr - ₹10.5 L/yr

arrow icon 23% more
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Yazaki new Product Development Engineer Salary

3 - 6 years exp. (4 salaries)
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₹2.1 L/yr - ₹5 L/yr

arrow icon 33% less
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Michelin new Product Development Engineer Salary

7 - 11 years exp. (3 salaries)
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₹11.6 L/yr - ₹16.4 L/yr

arrow icon 140% more
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Forvia Hella new Product Development Engineer Salary

1 - 2 years exp. (3 salaries)
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₹2.4 L/yr - ₹3 L/yr

arrow icon 54% less
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Amara Raja Group new Product Development Engineer Salary

0 - 7 years exp. (3 salaries)
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₹2.8 L/yr - ₹3.9 L/yr

arrow icon 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.

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

3d ago
₹6 Lakhs
2 years exp.
9mo ago
₹6.5 Lakhs
5 years exp.
10mo ago
₹5 Lakhs
2 years exp.
11mo ago
₹5.9 Lakhs
6 years exp.
1y ago
₹4.8 Lakhs
1 year exp.
1y ago
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11 years exp.
1y ago
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1 year exp.
1y ago
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10 years exp.
1y ago
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5 years exp.
1y ago
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9 years exp.

Experience wise Lucas-TVS new Product Development Engineer salaries

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
1 year  (3 salaries)

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₹2.2 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.9 L/yr
View all

Similar Designation salaries in Lucas-TVS

Product Development Engineer Salary
(7 salaries)
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₹4.45 L/yr - ₹5.02 L/yr
Development Engineer Salary
(53 salaries)
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₹1.85 L/yr - ₹6.55 L/yr
Production Engineer Salary
(158 salaries)
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₹1 L/yr - ₹7.55 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Design Engineer Salary
(21 salaries)
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₹6.1 L/yr - ₹10.13 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹12.5 L/yr - ₹16 L/yr
Production Officer Salary
(6 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Assistant Engineer Salary
(59 salaries)
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₹2.45 L/yr - ₹5.3 L/yr
Production Manager Salary
(4 salaries)
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₹12.5 L/yr - ₹13.85 L/yr
Design Engineer Salary
(69 salaries)
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₹2 L/yr - ₹7.5 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,

  • 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.

read more
  • Promotions - Poor
    • +2 more

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.

read more

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.

read more
  • 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.

read more

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.

read more

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.

read more
  • 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

read more
  • Company culture - Poor
see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
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Lucas-TVS new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Lucas-TVS ?
The average salary of a new Product Development Engineer at Lucas-TVS in India typically ranges from ₹2.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 21 years).

The top 10% of new Product Development Engineer at Lucas-TVS earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. new Product Development 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 20+ Lucas-TVS employees in India.
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 in India typically ranges from ₹42,785 to ₹43,908 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher to 21 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 20+ 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 new Product Development Engineer in India?
Michelin ₹11.6 Lakhs to ₹16.4 Lakhs per year
Valeo ₹2.3 Lakhs to ₹10.5 Lakhs per year
Apollo Tyres ₹5.5 Lakhs to ₹9.0 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 new Product Development Engineer in companies similar to Lucas-TVS in India?
The salary of a new Product Development Engineer at companies similar to Lucas-TVS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Napino Auto & Electronics ₹4.6 Lakhs to ₹5.5 Lakhs per year
Bridgestone ₹1.8 Lakhs to ₹6.5 Lakhs per year
UNO Minda ₹2.2 Lakhs to ₹6.6 Lakhs per year
Yazaki ₹2.1 Lakhs to ₹5.0 Lakhs per year
Tenneco ₹2.1 Lakhs to ₹6.8 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 new Product Development Engineer at Lucas-TVS in India?
The salary growth for a new Product Development Engineer at Lucas-TVS depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer can expect the following growth trajectory at Lucas-TVS:

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹4.0 Lakhs per year
1 year ₹2.2 Lakhs to ₹4.8 Lakhs per year
2 years ₹1.7 Lakhs to ₹6.0 Lakhs per year
3 years ₹1.7 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

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