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Lucas-TVS Sourcing Manager salaries in India

Annual salary range
10 - 15 years exp.
₹11.2 Lakhs - ₹13 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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At par with the average Sourcing Manager Salary in Auto Components Companies for 10 - 15 years of experience

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Last Updated: 11 Dec 2024

Companies similar to Lucas-TVS for Sourcing Manager

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₹5.4 L/yr - ₹7.2 L/yr

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Lodha Group Sourcing Manager Salary

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₹4.2 L/yr - ₹10.8 L/yr

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₹3 L/yr - ₹8 L/yr

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Sourcing Manager salary at Lucas-TVS ranges between ₹11.2 Lakhs to ₹13 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Sourcing Manager

2w ago
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15 years exp.
3mo ago
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11 years exp.
9mo ago
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10 years exp.

Experience wise Lucas-TVS Sourcing Manager salaries

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
11 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr

Similar Designation salaries in Lucas-TVS

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₹3.5 L/yr - ₹21 L/yr
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₹6.8 L/yr - ₹8.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Deputy Manager Salary
(47 salaries)
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₹7.2 L/yr - ₹16 L/yr
Senior Engineer Salary
(161 salaries)
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₹4.35 L/yr - ₹10.3 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹1.55 L/yr - ₹6.4 L/yr
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₹27 L/yr - ₹28.45 L/yr
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₹3 L/yr - ₹10 L/yr
Buyer Salary
(3 salaries)
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₹2 L/yr - ₹5.8 L/yr

Salary related reviews for Lucas-TVS

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.

read more

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

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

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

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Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only thing good at this is food and ppe kit (The company run by vegan's)

Dislikes

... be run by diploma students It's not a permanent role , It valid only one year They just need fresher who work for low salary , without asking any questions about promotion

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Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 18 Oct 2022

1.0
 for  Salary and Benefits

Likes

Nothing much to like

Dislikes

No salary growth, no promotions for straight 5 to 6 years to maximum enployees. For each designation there, 2 to 3 grades..and each grade changes in 3 to 4 years. Means designation will change in 5 to 6 years. One should join here , learn and quit in one year.

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Lucas-TVS Sourcing Manager Salary FAQs

What is the notice period for Sourcing Manager at Lucas-TVS?
According to AmbitionBox, 67% of the Lucas-TVS Sourcing Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Lucas-TVS Sourcing Manager salary in India ranges between ₹11.2 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.