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Lucas-TVS Procurement Engineer salaries in India

Annual salary range
4 - 12 years exp.
₹3 Lakhs - ₹10 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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47% more than the average Procurement Engineer Salary in Auto Components Companies for 4 - 12 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Engineer Salary
4 - 5 years exp. (4 salaries)
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₹3 L/yr - ₹4.8 L/yr

Production, Manufacturing & Engineering
Procurement Engineer Salary
12 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Last Updated: 7 Nov 2024

Companies similar to Lucas-TVS for Procurement Engineer

Company name Avg Annual Salary Open Jobs
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Bosch Procurement Engineer Salary

0 - 4 years exp. (31 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 60% less
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UNO Minda Procurement Engineer Salary

1 - 6 years exp. (4 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 45% less
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Bharat Forge Procurement Engineer Salary

2 - 8 years exp. (5 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 37% less
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₹2.5 L/yr - ₹3.8 L/yr

arrow icon 49% less
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₹4.5 L/yr - ₹5.9 L/yr

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Apollo Tyres Procurement Engineer Salary

0 - 1 year exp. (4 salaries)

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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 79% less
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Aptiv Procurement Engineer Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 45% less
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Valeo Procurement Engineer Salary

11 - 12 years exp. (3 salaries)

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₹4.1 L/yr - ₹5.2 L/yr

arrow icon 34% less
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Amara Raja Group Procurement Engineer Salary

1 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹6.3 L/yr

arrow icon 27% less
Procurement Engineer salary at Lucas-TVS ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Procurement Engineer

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4 years exp.
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12 years exp.
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5 years exp.
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4 years exp.
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Experience wise Lucas-TVS Procurement Engineer salaries

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
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Similar Designation salaries in Lucas-TVS

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₹4.7 L/yr - ₹5.85 L/yr
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₹1.55 L/yr - ₹6.4 L/yr
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₹3 L/yr - ₹5 L/yr
Procurement Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹2.45 L/yr - ₹5.3 L/yr
Senior Engineer Salary
(150 salaries)
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₹4.35 L/yr - ₹10.3 L/yr
Junior Engineer Salary
(57 salaries)
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₹2 L/yr - ₹5.5 L/yr
SCM Engineer Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Supply Chain Engineer Salary
(AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr
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₹1.55 L/yr - ₹2.85 L/yr

Salary related reviews for Lucas-TVS

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.

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

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

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

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

read more

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.

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Full Time

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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

read more
see more salary related reviews

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Lucas-TVS Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Lucas-TVS?
Procurement Engineer salary at Lucas-TVS in India ranges between ₹3.0 Lakhs to ₹10.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 47% more than the average Procurement Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lucas-TVS India.
How does the salary of a Procurement Engineer at Lucas-TVS India compare with the average salary range for this job?
The average salary of a Procurement Engineer at Lucas-TVS is 47% more than the average salary of a Procurement Engineer in India. To know exact salary insights, login to view.
What is the salary of a Procurement Engineer in companies similar to Lucas-TVS in India?
  • Bosch Chassis Systems Procurement Engineer Salary - ₹4.5 Lakhs to ₹5.9 Lakhs per year
  • Amara Raja Group Procurement Engineer Salary - ₹4.0 Lakhs to ₹6.3 Lakhs per year
  • Valeo Procurement Engineer Salary - ₹4.1 Lakhs to ₹5.2 Lakhs per year
  • Bharat Forge Procurement Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • UNO Minda Procurement Engineer Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Procurement Engineer at Lucas-TVS in India?
The estimated take-home salary of a Procurement Engineer at Lucas-TVS ranges between ₹52,040 per month to ₹53,266 per month in India. The take-home salary calculation is based on the average Lucas-TVS Procurement Engineer salary in India which ranges between ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Procurement Engineer at Lucas-TVS?
According to AmbitionBox, 50% of the Lucas-TVS Procurement Engineers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Lucas-TVS Procurement Engineer salary in India ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Lucas-TVS latest salaries received from various employees of Lucas-TVS.