Lucas-TVS Pune Purchase Engineer Salaries by 10+ Employees

2 - 8 years exp.

₹3 Lakhs - ₹5.7 Lakhs

Salary of majority employees

19% more than the average Purchase Engineer Salary in Auto Components Companies for 2 - 8 years of experience

Interested in this particular role?

Last Updated: 28 Sep 2024

Companies similar to Lucas-TVS for Purchase Engineer in Pune

Lucas-TVS Purchase Engineer Salary

2 - 8 years exp. (12 salaries)

₹3 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Yazaki Purchase Engineer Salary 1 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹6 L/yr 15% less
Tenneco Purchase Engineer Salary 2 - 7 years exp. (8 salaries)	₹3.5 L/yr - ₹5.4 L/yr 7% less
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Faurecia Purchase Engineer Salary 0 - 6 years exp. (8 salaries)	₹5 L/yr - ₹6.2 L/yr 26% more	2 job openings
Valeo Purchase Engineer Salary 1 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹10.5 L/yr 30% more
Hitachi Automotive Systems Purchase Engineer Salary 4 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹5.3 L/yr 1% less

Purchase Engineer salary at Lucas-TVS ranges between ₹3 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Purchase Engineer salaries in Pune

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.7 L/yr
Login to view exact salary
4 years (3 salaries)	₹3.2 L/yr - ₹5.7 L/yr
5 years (3 salaries)	₹1.8 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Lucas-TVS

Senior Engineer Salary

(6 salaries)

₹6 L/yr - ₹8.65 L/yr

Junior Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.55 L/yr

Top skills at Lucas-TVS for Purchase Engineer

Procurement Vendor Management Costing Supplier Development Supply Chain Sourcing Materials Purchase Material Planning

Salary related reviews for Lucas-TVS

4.9

Rated by 2 employees for salary & benefits

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Lucas-TVS Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Lucas-TVS in Pune?

The average salary of a Purchase Engineer at Lucas-TVS in Pune typically ranges from ₹3.0 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Purchase Engineer in Pune at Lucas-TVS earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Purchase 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 10+ Lucas-TVS employees in India.

What is the estimated take home salary of a Purchase Engineer at Lucas-TVS in Pune?

The estimated take-home salary of a Purchase Engineer at Lucas-TVS in Pune typically ranges from ₹34,742 to ₹35,986 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 2 years to 8 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 10+ salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Engineer at Lucas-TVS in Pune?

To be a Purchase Engineer at Lucas-TVS in Pune, the key skills required include:

- Procurement
- Vendor Management
- Costing
- Supplier Development
- Supply Chain

These skills are highly valued at Lucas-TVS and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Lucas-TVS for Purchase Engineer in India?

Valeo	₹2.5 Lakhs to ₹10.5 Lakhs per year
Faurecia	₹5.0 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lucas-TVS, depending on the role and experience level.

What is the salary of a Purchase Engineer in companies similar to Lucas-TVS in Pune?

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

Hitachi Automotive Systems	₹4.1 Lakhs to ₹5.3 Lakhs per year
Tenneco	₹3.5 Lakhs to ₹5.4 Lakhs per year
Yazaki	₹1.8 Lakhs to ₹6.0 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 Purchase Engineer at Lucas-TVS in Pune?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹6.7 Lakhs per year
4 years	₹3.2 Lakhs to ₹5.7 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.0 Lakhs per year

and so on.

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Lucas-TVS Purchase Engineer Salaries in Pune

Lucas-TVS Purchase Engineer salary in Pune ranges between ₹3 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Lucas-TVS latest salaries received from various employees of Lucas-TVS.