Lumax Auto Technologies Ltd Senior NPD Engineer Salaries by 4 Employees

6 - 8 years exp.

₹4.1 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Senior NPD Engineer Salary in Auto Components Companies for 6 - 8 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Lumax Auto Technologies Ltd for Senior NPD Engineer

Company name	Avg Annual Salary	Open Jobs
Victora Auto Private Limited Senior NPD Engineer Salary 7 - 10 years exp. (11 salaries)	₹5.2 L/yr - ₹7.2 L/yr 11% more
Hi Tech Gears Senior NPD Engineer Salary 8 - 13 years exp. (5 salaries)	₹5.3 L/yr - ₹5.5 L/yr 5% less
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Hical Technologies Senior NPD Engineer Salary 5 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹8.6 L/yr 15% more
Hema Engineering Industries Senior NPD Engineer Salary 4 - 9 years exp. (5 salaries)	₹3.9 L/yr - ₹5.3 L/yr 22% less
Rajsriya Automotive Industries Senior NPD Engineer Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.3 L/yr 27% less
S. M. Auto Engineering Senior NPD Engineer Salary 5 - 7 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 5% more
Surin Automotive Senior NPD Engineer Salary 3 - 7 years exp. (3 salaries)	₹4.6 L/yr - ₹7 L/yr 5% less
Padmini VNA Mechatronics Senior NPD Engineer Salary 5 - 7 years exp. (3 salaries)	₹6.8 L/yr - ₹14 L/yr 63% more
Maxop Engineering Co. Senior NPD Engineer Salary 8 - 11 years exp. (3 salaries)	₹5.9 L/yr - ₹6 L/yr 3% more

Senior NPD Engineer salary at Lumax Auto Technologies Ltd ranges between ₹4.1 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Lumax Auto Technologies Ltd.

Experience wise Lumax Auto Technologies Ltd Senior NPD Engineer salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 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 Senior NPD Engineer Salary FAQs

What is the salary of Senior NPD Engineer at Lumax Auto Technologies Ltd ?

The average salary of a Senior NPD Engineer at Lumax Auto Technologies Ltd in India typically ranges from ₹4.1 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior NPD Engineer at Lumax Auto Technologies Ltd earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Senior NPD Engineer Salaries at Lumax Auto Technologies Ltd 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 Lumax Auto Technologies Ltd employees in India.

What is the estimated take home salary of a Senior NPD Engineer at Lumax Auto Technologies Ltd in India?

The estimated take-home salary of a Senior NPD Engineer at Lumax Auto Technologies Ltd in India typically ranges from ₹43,789 to ₹44,898 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 6 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 4 salaries received from various employees of Lumax Auto Technologies Ltd. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lumax Auto Technologies Ltd for Senior NPD Engineer in India?

Padmini VNA Mechatronics	₹6.8 Lakhs to ₹14.0 Lakhs per year
Hical Technologies	₹4.8 Lakhs to ₹8.6 Lakhs per year
Victora Auto Private Limited	₹5.2 Lakhs to ₹7.2 Lakhs per year
S. M. Auto Engineering	₹4.0 Lakhs to ₹9.0 Lakhs per year
Maxop Engineering Co.	₹5.9 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lumax Auto Technologies Ltd, depending on the role and experience level.

What is the salary of a Senior NPD Engineer in companies similar to Lumax Auto Technologies Ltd in India?

The salary of a Senior NPD Engineer at companies similar to Lumax Auto Technologies Ltd in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Surin Automotive	₹4.6 Lakhs to ₹7.0 Lakhs per year
Hi Tech Gears	₹5.3 Lakhs to ₹5.5 Lakhs per year
Hema Engineering Industries	₹3.9 Lakhs to ₹5.3 Lakhs per year
Rajsriya Automotive Industries	₹4.0 Lakhs to ₹4.3 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 NPD Engineer at Lumax Auto Technologies Ltd in India?

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

Experience	Average Salary Range
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
8 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Lumax Auto Technologies Ltd Senior NPD Engineer Salaries

Lumax Auto Technologies Ltd Senior NPD Engineer salary in India ranges between ₹4.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lumax Auto Technologies Ltd latest salaries received from various employees of Lumax Auto Technologies Ltd.