Lumax Auto Technologies Ltd Assistant Manager Product Development Salaries by Employees

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₹9.9 Lakhs - ₹12.7 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 12 Mar 2023

Companies similar to Lumax Auto Technologies Ltd for Assistant Manager Product Development

Company name	Avg Annual Salary	Open Jobs
SYSKA LED Lights Assistant Manager Product Development Salary 1 - 8 years exp. (7 salaries)	₹5.2 L/yr - ₹8.5 L/yr 34% less
Ashok Leyland Assistant Manager Product Development Salary 6 - 15 years exp. (7 salaries)	₹6.8 L/yr - ₹9.5 L/yr 25% less
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TVS Sundram Fasteners Assistant Manager Product Development Salary 3 - 17 years exp. (7 salaries)	₹5.8 L/yr - ₹9.5 L/yr 31% less
Yokohama Off-Highway Tires Assistant Manager Product Development Salary 3 - 7 years exp. (7 salaries)	₹4.7 L/yr - ₹7.5 L/yr 49% less
Bata Assistant Manager Product Development Salary 2 - 12 years exp. (6 salaries)	₹5 L/yr - ₹8.3 L/yr 43% less

Assistant Manager Product Development salary at Lumax Auto Technologies Ltd ranges between ₹9.9 Lakhs to ₹12.7 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Lumax Auto Technologies Ltd.

Similar Designation salaries in Lumax Auto Technologies Ltd

new Product Development Engineer Salary

(5 salaries)

₹2.45 L/yr - ₹5 L/yr

NPD Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.3 L/yr

Design Engineer Salary

(4 salaries)

₹4 L/yr - ₹8.2 L/yr

Manager Design & Development Salary

(3 salaries)

₹14 L/yr - ₹15 L/yr

Design & Development Engineer Salary

(3 salaries)

₹3.4 L/yr - ₹3.9 L/yr

new Product Development Sr. Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Manager Process Engineering Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Deputy Manager Product Development Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Mould Maker Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for Lumax Auto Technologies Ltd

Production Engineer in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

Not better to make future in this company its good only for cost cutting. Safety shoes not provided to any manpower. They take hardworking without any facilities. I think this company known by its ancestors only. I request you to not join this company Thank you

Dislikes

Everything in this company

Salary - Bad

+6 more

Production Engineer in Pantnagar

Production, Manufacturing & Engineering Department

4.0

• posted on 11 Nov 2021

4.0

for Salary and Benefits

Likes

...yees family health safety. Lumax is totally systematic and neat & clean company. Salary timing is best in Lumax company, Lumax salary paid his employees in 1st day of every month.

Salary - Good

+4 more

Dislikes

Lumax salary grown is very slowly for new joining like GET & DET Employees.

Quality Inspector in Bellur, Kolar, Bengalore.

Quality Inspection Department

4.0

• posted on 22 Aug 2021

5.0

for Salary and Benefits

Likes

The work pressure is low as compare to other company. The management is quite ok. Work place is clean & hygiene.

Salary - Excellent

+3 more

Dislikes

Salary is quite low as compare to other company. increment is not on time it's depends on management. Food is average.

Injection Moulding Machine Operator in New Delhi

Research & Development Department

4.0

• posted on 05 Mar 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. I do best work in team leader,engineer and also sift engineer.

Salary - Good

+6 more

Dislikes

Salary is average but career growth is slow. More pressure on our job.

Quality Inspector in New Delhi

Quality Department

1.0

• posted on 29 Oct 2020

1.0

for Salary and Benefits

Likes

Teammates are supportive and management is worst, company not helped lockdown time, salary little bit good

Dislikes

Management doesn’t address our issues. Salary is less And career growth 99% not possible. Canteen food is not good

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lumax Auto Technologies Ltd Assistant Manager Product Development Salary FAQs

How the salary growth look like for a Assistant Manager Product Development at Lumax Auto Technologies Ltd in India?

The salary growth for a Assistant Manager Product Development at Lumax Auto Technologies Ltd depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Product Development can expect the following growth trajectory at Lumax Auto Technologies Ltd:

Experience	Average Salary Range
10 years	₹9.9 Lakhs to ₹12.7 Lakhs per year

and so on.

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Lumax Auto Technologies Ltd Assistant Manager Product Development Salaries

Lumax Auto Technologies Ltd Assistant Manager Product Development salary in India ranges between ₹9.9 Lakhs to ₹12.7 Lakhs. This is an estimate based on latest salaries received from employees of Lumax Auto Technologies Ltd.

Lumax Auto Technologies Ltd Assistant Manager Product Development salaries in India

Companies similar to Lumax Auto Technologies Ltd for Assistant Manager Product Development

Similar Designation salaries in Lumax Auto Technologies Ltd

Salary related reviews for Lumax Auto Technologies Ltd

Production Engineer in Gurgaon / Gurugram

Production Engineer in Pantnagar

Quality Inspector in Bellur, Kolar, Bengalore.

Injection Moulding Machine Operator in New Delhi

Quality Inspector in New Delhi

Lumax Auto Technologies Ltd Assistant Manager Product Development Salary FAQs

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