Lucas-TVS Product Development Executive Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹1.7 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Product Development Executive Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lucas-TVS for Product Development Executive

Company name	Avg Annual Salary	Open Jobs
ZF Commercial Vehicle Control Systems Product Development Executive Salary 2 - 14 years exp. (7 salaries)	₹2 L/yr - ₹8.4 L/yr 72% more
Endurance Technologies Product Development Executive Salary 1 - 15 years exp. (5 salaries)	₹2.7 L/yr - ₹8.5 L/yr 100% more
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Apollo Tyres Product Development Executive Salary 0 - 2 years exp. (3 salaries)	₹4.3 L/yr - ₹5.8 L/yr 84% more
Michelin Product Development Executive Salary 4 - 7 years exp. (3 salaries)	₹7.5 L/yr - ₹9.5 L/yr 223% more
Valeo Product Development Executive Salary 3 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 48% more

Product Development Executive salary at Lucas-TVS ranges between ₹1.7 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Product Development Executive salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr

Similar Designation salaries in Lucas-TVS

Product Development Engineer Salary

(7 salaries)

₹4.45 L/yr - ₹5.02 L/yr

New Product Development Engineer Salary

(25 salaries)

₹2.15 L/yr - ₹8.5 L/yr

Development Engineer Salary

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₹2.15 L/yr - ₹6.55 L/yr

Production Officer Salary

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₹1.8 L/yr - ₹2.5 L/yr

Production Engineer Salary

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₹1 L/yr - ₹7 L/yr

Production Supervisor Salary

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₹1.5 L/yr - ₹4.5 L/yr

Production Manager Salary

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₹12.5 L/yr - ₹13.92 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Software Developer Salary

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₹1.2 L/yr - ₹30 L/yr

Senior Design Engineer Salary

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₹6.1 L/yr - ₹10.13 L/yr

Salary related reviews for Lucas-TVS

5.0

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.

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.

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.

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Lucas-TVS Product Development Executive Salary FAQs

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

Product Development Executive salary at Lucas-TVS in India ranges between ₹1.7 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 47% less than the average Product Development Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS India.

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

The average salary of a Product Development Executive at Lucas-TVS is 47% less than the average salary of a Product Development Executive in India. To know exact salary insights, login to view.

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

Michelin Product Development Executive Salary - ₹7.5 Lakhs to ₹9.5 Lakhs per year
Endurance Technologies Product Development Executive Salary - ₹2.7 Lakhs to ₹8.5 Lakhs per year
Apollo Tyres Product Development Executive Salary - ₹4.3 Lakhs to ₹5.8 Lakhs per year
ZF Commercial Vehicle Control Systems Product Development Executive Salary - ₹2.0 Lakhs to ₹8.4 Lakhs per year
Valeo Product Development Executive Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Product Development Executive at Lucas-TVS ranges between ₹19,338 per month to ₹21,011 per month in India. The take-home salary calculation is based on the average Lucas-TVS Product Development Executive salary in India which ranges between ₹1.7 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Lucas-TVS Product Development Executives reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Lucas-TVS Product Development Executive Salaries

Lucas-TVS Product Development Executive salary in India ranges between ₹1.7 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.