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Lucas-TVS Product Development Engineer salaries in Chennai

Annual salary range
1 - 6 years exp.
₹4.5 Lakhs - ₹5 Lakhs
Salary of majority employees
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38% 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 in Chennai

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Lucas-TVS Product Development Engineer Salary

1 - 6 years exp. (7 salaries)

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₹4.5 L/yr - ₹5 L/yr

vs
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₹6.8 L/yr - ₹11.4 L/yr

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Aptiv Product Development Engineer Salary

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₹6.7 L/yr - ₹8.4 L/yr

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Ford Motor Product Development Engineer Salary

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₹7.9 L/yr - ₹20.8 L/yr

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₹3.5 L/yr - ₹9 L/yr

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HCLTech Product Development Engineer Salary

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₹2.6 L/yr - ₹6.5 L/yr

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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.

Latest annual salaries shared by Lucas-TVS Product Development Engineer in Chennai

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Experience wise Lucas-TVS Product Development Engineer salaries in Chennai

Last Updated: 5 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.2 L/yr
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.4 L/yr
3 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in Lucas-TVS

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₹1 L/yr - ₹7.55 L/yr
Design Engineer Salary
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₹2 L/yr - ₹7.5 L/yr
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₹2.55 L/yr - ₹6.55 L/yr
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₹3 L/yr - ₹5.3 L/yr
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₹2.15 L/yr - ₹8.5 L/yr
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₹6.1 L/yr - ₹10.13 L/yr
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₹4.8 L/yr - ₹6 L/yr
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Lucas-TVS

1.1

Rated by 2 employees for salary & benefits

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

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

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 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

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
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Lucas-TVS Product Development Engineer Salary FAQs

What is the salary of Product Development Engineer at Lucas-TVS Chennai?
Product Development Engineer salary at Lucas-TVS in Chennai ranges between ₹4.5 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 38% 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 Chennai.
How does the salary of a Product Development Engineer at Lucas-TVS Chennai compare with the average salary range for this job?
The average salary of a Product Development Engineer at Lucas-TVS is 38% less than the average salary of a Product Development Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Lucas-TVS to a Product Development Engineer in Chennai?
  • Ford Motor Product Development Engineer Salary - ₹7.9 Lakhs to ₹20.8 Lakhs per year
  • Apollo Tyres Product Development Engineer Salary - ₹6.8 Lakhs to ₹11.4 Lakhs per year
  • Aptiv Product Development Engineer Salary - ₹6.7 Lakhs to ₹8.4 Lakhs per year
  • Detroit Engineered Products Product Development Engineer Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Product Development Engineer in companies similar to Lucas-TVS in Chennai?
  • HCLTech Product Development Engineer Salary - ₹2.6 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Product Development Engineer at Lucas-TVS in Chennai?
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 Chennai. 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 in Chennai?
According to AmbitionBox, 60% of the Lucas-TVS Product Development Engineers in Chennai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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