Lucas-TVS Product Development Engineer Salaries by 7 Employees (Updated 2024)

1 - 6 years exp.

₹4.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Product Development Engineer Salary in Auto Components Companies for 1 - 6 years of experience

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Last Updated: 5 Oct 2024

Companies similar to Lucas-TVS for Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Product Development Engineer Salary 0 - 4 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 16% more
Amara Raja Energy & Mobility Product Development Engineer Salary 0 - 5 years exp. (14 salaries)	₹2.4 L/yr - ₹5.5 L/yr 9% less
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Endurance Technologies Product Development Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 10% less
Faurecia Product Development Engineer Salary 5 - 16 years exp. (11 salaries)	₹8 L/yr - ₹16.5 L/yr 152% more
Apollo Tyres Product Development Engineer Salary 3 - 11 years exp. (8 salaries)	₹6.8 L/yr - ₹11.4 L/yr 83% more
Aptiv Product Development Engineer Salary 0 - 5 years exp. (7 salaries)	₹3 L/yr - ₹7.2 L/yr 3% more
Amara Raja Group Product Development Engineer Salary 1 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹5.5 L/yr 12% less
Ask Automotive Product Development Engineer Salary 3 - 11 years exp. (3 salaries)	₹4.2 L/yr - ₹5.5 L/yr 2% less

Product Development Engineer salary at Lucas-TVS ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Product Development Engineer salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.2 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr

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Similar Designation salaries in Lucas-TVS

New Product Development Engineer Salary

(25 salaries)

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Development Engineer Salary

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₹2.15 L/yr - ₹6.55 L/yr

Production Engineer Salary

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₹1 L/yr - ₹8 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Design Engineer Salary

(26 salaries)

₹5 L/yr - ₹9.85 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

Software Engineer Salary

(5 salaries)

₹4.8 L/yr - ₹6 L/yr

Salary related reviews for Lucas-TVS

1.1

Rated by 2 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 Product Development Engineer Salary FAQs

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

Product Development Engineer salary at Lucas-TVS in India ranges between ₹4.5 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 40% less than the average Product Development Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Lucas-TVS India.

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

The average salary of a Product Development Engineer at Lucas-TVS is 40% less than the average salary of a Product Development Engineer in India. To know exact salary insights, login to view.

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

Faurecia Product Development Engineer Salary - ₹8.0 Lakhs to ₹16.5 Lakhs per year
Apollo Tyres Product Development Engineer Salary - ₹6.8 Lakhs to ₹11.4 Lakhs per year
Bosch Product Development Engineer Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Aptiv Product Development Engineer Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year

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

Ask Automotive Product Development Engineer Salary - ₹4.2 Lakhs to ₹5.5 Lakhs per year
Amara Raja Energy & Mobility Product Development Engineer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
Endurance Technologies Product Development Engineer Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Amara Raja Group Product Development Engineer Salary - ₹3.6 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Product Development Engineer at Lucas-TVS ranges between ₹35,446 per month to ₹36,679 per month in India. The take-home salary calculation is based on the average Lucas-TVS Product Development Engineer salary in India which ranges between ₹4.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Lucas-TVS Product Development Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Lucas-TVS Product Development Engineer Salaries

Lucas-TVS Product Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Lucas-TVS latest salaries received from various employees of Lucas-TVS.