Lucas-TVS Tool Design Engineer Salaries by 10+ Employees (Updated 2024)

2 - 15 years exp.

₹4 Lakhs - ₹7.6 Lakhs

Salary of majority employees

50% more than the average Tool Design Engineer Salary in Auto Components Companies for 2 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Tool Design Engineer Salary 5 - 15 years exp. (5 salaries)	₹4.5 L/yr - ₹7.6 L/yr
Login to view exact salary
Research & Development Tool Design Engineer Salary 2 - 13 years exp. (5 salaries)	₹4 L/yr - ₹6.2 L/yr

Last Updated: 19 Dec 2024

Companies similar to Lucas-TVS for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda Tool Design Engineer Salary 1 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 51% less
Faurecia Tool Design Engineer Salary 1 - 4 years exp. (5 salaries)	₹3.7 L/yr - ₹4.7 L/yr 36% less
Login to view exact salary
Tata Advanced Systems Tool Design Engineer Salary 1 - 7 years exp. (35 salaries)	₹3 L/yr - ₹7.3 L/yr 28% less
Brakes India Tool Design Engineer Salary 0 - 6 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 64% less
Delphi TVS Tool Design Engineer Salary 1 - 3 years exp. (9 salaries)	₹1.9 L/yr - ₹4.8 L/yr 56% less

Tool Design Engineer salary at Lucas-TVS ranges between ₹4 Lakhs to ₹7.6 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 12 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Tool Design Engineer salaries

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.8 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr
6 years (3 salaries)	₹2.4 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.6 L/yr
15+ years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.6 L/yr

View all

Similar Designation salaries in Lucas-TVS

Senior Design Engineer Salary

(26 salaries)

₹5 L/yr - ₹9.85 L/yr

Design Engineer Salary

(78 salaries)

₹2 L/yr - ₹7.2 L/yr

Product Design Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹10 L/yr

Process Engineer Salary

(24 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(169 salaries)

₹4.2 L/yr - ₹10.3 L/yr

Electrical Design Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Lead Engineer Salary

(4 salaries)

₹1 L/yr - ₹8.2 L/yr

Electrical Engineer Salary

(21 salaries)

₹1 L/yr - ₹7.5 L/yr

Assistant Engineer Salary

(90 salaries)

₹2.45 L/yr - ₹5.3 L/yr

Junior Engineer Salary

(54 salaries)

₹2 L/yr - ₹4.8 L/yr

Top skills at Lucas-TVS for Tool Design Engineer

Tool Design Fixtures Press Tools AutoCAD Gauges tool making Tool Maintenance

Salary related reviews for Lucas-TVS

3.0

Rated by 2 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,

Dislikes

All Saturday working, no sick leave or emergency leave, poor appraisal percentage, huge politics, salary scale is too poor compared to market.

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.

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.

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

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

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Lucas-TVS?

Ask anonymously on communities.

Lucas-TVS Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Lucas-TVS?

Tool Design Engineer salary at Lucas-TVS in India ranges between ₹4.0 Lakhs to ₹7.6 Lakhs for experience between 2 years to 15 years. According to our estimates it is 50% more than the average Tool Design Engineer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Lucas-TVS India.

How does the salary of a Tool Design Engineer at Lucas-TVS India compare with the average salary range for this job?

The average salary of a Tool Design Engineer at Lucas-TVS is 50% more than the average salary of a Tool Design Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Tool Design Engineer at Lucas-TVS?

Tool Design, Fixtures, Press Tools, AutoCAD and Gauges are some of the popular skills required to work as a Tool Design Engineer at Lucas-TVS India.

What is the salary of a Tool Design Engineer in companies similar to Lucas-TVS in India?

Tata Advanced Systems Tool Design Engineer Salary - ₹3.0 Lakhs to ₹7.3 Lakhs per year
Faurecia Tool Design Engineer Salary - ₹3.7 Lakhs to ₹4.7 Lakhs per year
UNO Minda Tool Design Engineer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Delphi TVS Tool Design Engineer Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year
Brakes India Tool Design Engineer Salary - ₹1.1 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a Tool Design Engineer at Lucas-TVS in India?

The estimated take-home salary of a Tool Design Engineer at Lucas-TVS ranges between ₹47,104 per month to ₹48,220 per month in India. The take-home salary calculation is based on the average Lucas-TVS Tool Design Engineer salary in India which ranges between ₹4.0 Lakhs to ₹7.6 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Tool Design Engineer at Lucas-TVS?

According to AmbitionBox, 67% of the Lucas-TVS Tool Design Engineers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Lucas-TVS Salaries >
Lucas-TVS Tool Design Engineer Salaries

Lucas-TVS Tool Design Engineer salary in India ranges between ₹4 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Lucas-TVS latest salaries received from various employees of Lucas-TVS.