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Lucas-TVS Senior Mechanical Design Engineer salaries in India

Annual salary range
5 - 9 years exp.
₹5.6 Lakhs - ₹8.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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29% less than the average Senior Mechanical Design Engineer Salary in Auto Components Companies for 5 - 9 years of experience

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Last Updated: 30 Dec 2023

Companies similar to Lucas-TVS for Senior Mechanical Design Engineer

Company name Avg Annual Salary Open Jobs
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₹5.4 L/yr - ₹13 L/yr

arrow icon 29% more
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₹9.2 L/yr - ₹13 L/yr

arrow icon 81% more
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₹4.6 L/yr - ₹6.9 L/yr

arrow icon 11% less
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₹5.1 L/yr - ₹10 L/yr

arrow icon 4% less
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₹7.5 L/yr - ₹13.5 L/yr

arrow icon 43% more
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₹8.8 L/yr - ₹20.3 L/yr

arrow icon 101% more
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₹4.1 L/yr - ₹10 L/yr

arrow icon 11% more
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₹9 L/yr - ₹10.4 L/yr

arrow icon 48% more
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₹5 L/yr - ₹5.1 L/yr

arrow icon 25% less
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₹4.8 L/yr - ₹6 L/yr

arrow icon 23% less
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₹8.7 L/yr - ₹10 L/yr

arrow icon 43% more
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₹3.7 L/yr - ₹7 L/yr

arrow icon 26% less
Senior Mechanical Design Engineer salary at Lucas-TVS ranges between ₹5.6 Lakhs to ₹8.3 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Senior Mechanical Design Engineer

1y ago
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9 years exp.
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8 years exp.
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5 years exp.
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6 years exp.

Experience wise Lucas-TVS Senior Mechanical Design Engineer salaries

Last Updated: 30 Dec 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.5 L/yr

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₹12.5 L/yr - ₹16 L/yr
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₹2.2 L/yr - ₹10 L/yr
Senior Engineer Salary
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₹4.2 L/yr - ₹10.2 L/yr
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₹1 L/yr - ₹7.5 L/yr
Design Engineer Salary
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₹2 L/yr - ₹7.5 L/yr
Structural Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹1.8 L/yr - ₹5.5 L/yr

Salary related reviews for Lucas-TVS

3.5

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

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

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

read more
  • Salary - Poor

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

read more
  • Skill development - Bad
  • +3 more
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Lucas-TVS Senior Mechanical Design Engineer Salary FAQs

What is the salary of Senior Mechanical Design Engineer at Lucas-TVS ?
The average salary of a Senior Mechanical Design Engineer at Lucas-TVS in India typically ranges from ₹5.6 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Senior Mechanical Design Engineer at Lucas-TVS earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Senior Mechanical Design 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 4 Lucas-TVS employees in India.
What is the estimated take home salary of a Senior Mechanical Design Engineer at Lucas-TVS in India?
The estimated take-home salary of a Senior Mechanical Design Engineer at Lucas-TVS in India typically ranges from ₹51,220 to ₹52,428 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 5 years to 9 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 4 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lucas-TVS for Senior Mechanical Design Engineer in India?
Aptiv ₹8.8 Lakhs to ₹20.3 Lakhs per year
Valeo ₹9.2 Lakhs to ₹13.0 Lakhs per year
Wabtec ₹9.0 Lakhs to ₹10.4 Lakhs per year
Continental Automotive Components ₹7.5 Lakhs to ₹13.5 Lakhs per year
Exide Industries ₹8.7 Lakhs to ₹10.0 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 Senior Mechanical Design Engineer in companies similar to Lucas-TVS in India?
The salary of a Senior Mechanical Design Engineer at companies similar to Lucas-TVS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Faurecia ₹5.4 Lakhs to ₹13.0 Lakhs per year
Bosch ₹4.1 Lakhs to ₹10.0 Lakhs per year
Forvia Hella ₹5.1 Lakhs to ₹10.0 Lakhs per year
UNO Minda ₹4.6 Lakhs to ₹6.9 Lakhs per year
Ceat Tyres ₹4.8 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 Senior Mechanical Design Engineer at Lucas-TVS in India?
The salary growth for a Senior Mechanical Design Engineer at Lucas-TVS depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at Lucas-TVS:

Experience Average Salary Range
5 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years ₹6.6 Lakhs to ₹8.4 Lakhs per year
9 years ₹7.5 Lakhs to ₹9.5 Lakhs per year
and so on.

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Lucas-TVS Senior Mechanical Design Engineer salary in India ranges between ₹5.6 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.