Lucas-TVS Procurement Engineer Salaries by 5 Employees

4 - 12 years exp.

₹3 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% 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)	₹3 L/yr - ₹4.8 L/yr
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Production, Manufacturing & Engineering Procurement Engineer Salary 12 years exp. (AmbitionBox Estimate)	₹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
Bosch Procurement Engineer Salary 0 - 4 years exp. (33 salaries)	₹2.1 L/yr - ₹4.9 L/yr 59% less
UNO Minda Procurement Engineer Salary 1 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹5 L/yr 45% less
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Bosch Chassis Systems Procurement Engineer Salary 1 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹5.9 L/yr 25% less
Apollo Tyres Procurement Engineer Salary 0 - 1 year exp. (4 salaries)	₹1.1 L/yr - ₹2.5 L/yr 79% less
Aptiv Procurement Engineer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹6.7 L/yr 45% less
Valeo Procurement Engineer Salary 11 - 12 years exp. (3 salaries)	₹4.1 L/yr - ₹5.2 L/yr 34% less
Amara Raja Group Procurement Engineer Salary 1 - 6 years exp. (3 salaries)	₹4 L/yr - ₹6.3 L/yr 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.

Experience wise Lucas-TVS Procurement Engineer salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr

View all

Similar Designation salaries in Lucas-TVS

Sourcing Engineer Salary

(4 salaries)

₹4.7 L/yr - ₹5.85 L/yr

Purchase Engineer Salary

(65 salaries)

₹2 L/yr - ₹7 L/yr

Graduate Engineer Salary

(7 salaries)

₹3 L/yr - ₹5 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Assistant Engineer Salary

(59 salaries)

₹2.45 L/yr - ₹5.3 L/yr

Senior Engineer Salary

(150 salaries)

₹4.2 L/yr - ₹10.2 L/yr

Junior Engineer Salary

(61 salaries)

₹2 L/yr - ₹5.2 L/yr

SCM Engineer Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Supply Chain Engineer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Process Associate Salary

(4 salaries)

₹1.55 L/yr - ₹2.85 L/yr

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

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

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 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

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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Salary Discussions, Hike & Promotions

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

Option 1

Option 2

87 participants . expiring in 2d

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Lucas-TVS Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Lucas-TVS ?

The average salary of a Procurement Engineer at Lucas-TVS in India typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Procurement Engineer at Lucas-TVS earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Procurement 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 5 Lucas-TVS employees in India.

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 in India typically ranges from ₹52,040 to ₹53,266 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 4 years to 12 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 5 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Bosch Chassis Systems	₹4.5 Lakhs to ₹5.9 Lakhs per year
Amara Raja Group	₹4.0 Lakhs to ₹6.3 Lakhs per year
Valeo	₹4.1 Lakhs to ₹5.2 Lakhs per year
UNO Minda	₹3.3 Lakhs to ₹5.0 Lakhs per year
Aptiv	₹3.0 Lakhs to ₹6.7 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 Procurement Engineer at Lucas-TVS in India?

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

Experience	Average Salary Range
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Lucas-TVS Procurement Engineer Salaries

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