Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Lumax Industries Team. If you also belong to the team, you can get access from here

Lumax Industries Verified Tick

Compare button icon Compare button icon Compare
4.0

based on 1.1k Reviews

filter salariesFilter salaries by

Lumax Industries Manager new Product Development salaries in Gurgaon / Gurugram

Annual salary range
10 - 14 years exp.
₹13.3 Lakhs - ₹16 Lakhs
Salary of majority employees
unlock blur
unlock blur

23% less than the average Manager new Product Development Salary in Auto Components Companies for 10 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering
Manager new Product Development Salary
10 - 12 years exp. (3 salaries)
unlock-blur

₹13.3 L/yr - ₹15 L/yr

Project & Program Management
Manager new Product Development Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹14.4 L/yr - ₹17.6 L/yr

Research & Development
Manager new Product Development Salary
13 years exp. (AmbitionBox Estimate)
unlock-blur

₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Lumax Industries for Manager new Product Development in Gurgaon / Gurugram

Logo
Lumax Industries Manager new Product Development Salary

10 - 14 years exp. (5 salaries)
unlock blur

₹13.3 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Bharti Airtel Manager new Product Development Salary

4 - 7 years exp. (4 salaries)
unlock blur

₹12.5 L/yr - ₹18.5 L/yr

arrow icon 3% less
Logo
Roop Automotives Manager new Product Development Salary

18 - 23 years exp. (4 salaries)
unlock blur

₹18.8 L/yr - ₹29.3 L/yr

arrow icon 60% more
Logo
Ag Industries Manager new Product Development Salary

20 - 21 years exp. (4 salaries)
unlock blur

₹10 L/yr - ₹11 L/yr

arrow icon 32% less
Logo
Maruti Suzuki Manager new Product Development Salary

9 - 11 years exp. (4 salaries)
unlock blur

₹24 L/yr - ₹34.4 L/yr

arrow icon 95% more
Logo
Honasa Consumer Manager new Product Development Salary

4 - 6 years exp. (4 salaries)
unlock blur

₹12 L/yr - ₹20 L/yr

arrow icon 2% less
Manager new Product Development salary at Lumax Industries ranges between ₹13.3 Lakhs to ₹16 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Lumax Industries.

Latest annual salaries shared by Lumax Industries Manager new Product Development in Gurgaon / Gurugram

1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
13 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise Lumax Industries Manager new Product Development salaries in Gurgaon / Gurugram

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

unlock blur

₹11.9 L/yr - ₹15.2 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹17.2 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹14.4 L/yr - ₹18.4 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Lumax Industries

Design Engineer Salary
(12 salaries)
unlock blur
₹2.8 L/yr - ₹5.75 L/yr
Senior Design Engineer Salary
(12 salaries)
unlock blur
₹4.95 L/yr - ₹8.15 L/yr
NPD Engineer Salary
(7 salaries)
unlock blur
₹3 L/yr - ₹6.5 L/yr
Senior Hardware Design Engineer Salary
(3 salaries)
unlock blur
₹4.8 L/yr - ₹5.3 L/yr
Product Design Engineer Salary
(3 salaries)
unlock blur
₹2.9 L/yr - ₹6.5 L/yr
Deputy Manager Research Development Salary
(3 salaries)
unlock blur
₹15.6 L/yr - ₹19 L/yr

Salary related reviews for Lumax Industries

Senior Design Engineer in Gurgaon / Gurugram

Full Time

 · 

Research & Development Department

4.0
  •  posted on 26 Sep 2021
4.0
 for  Salary and Benefits

Likes

Good working environment and culture. Teammates supportive and management is transparent, Company policy are good, they are give good salary to employees.

read more

Dislikes

On role employees not good Behaviour with third party employees, IT team not supportive except 1 or 2 people .

Assistant Engineer in Pune

Full Time

 · 

Media Production & Entertainment Department

4.0
  •  posted on 27 Nov 2024
3.0
 for  Salary and Benefits

Likes

Company provides bus and canteen facility 08 hour duty Weekly off Party function MCM function You can learn and increase your skill knowledge unlimited in lumax industries limited

read more

Dislikes

Salary & promotion & appraisal is too slow if you are not skip & continues job in lumax then your salary is increased very slow compared other employees who hired from other companies as same role & responsibility DWM.

read more

Machine Operator in Bangalore / Bengaluru

Full Time

 · 

Media Production & Entertainment Department

1.0
  •  posted on 04 Nov 2024
1.0
 for  Salary and Benefits

Likes

... a helper in Electrical department.12hr work No holiday .even Sunday also work .if you take a leave your salary will deduct .after 1yr work your salary hike only 5-7% only .when I am join my salary is only 6000/-rs per month.

read more

Dislikes

...re as compared to mental work.no work life balance because no holiday available. If you take a leave your salary will deduct.in whole year only 2day holiday available there is Biswakarma Puja & Dilwali.remain 363 day working. no facility available like no food,no Travel allowance,No PF ,No Health insurance

read more

Assistant Company Secretary in Gurgaon / Gurugram

Full Time

 · 

Legal & Regulatory Department

3.0
  •  posted on 24 Sep 2024
2.0
 for  Salary and Benefits

Likes

Salary always credits in time

Dislikes

They have a very bad salary structure. There is no work life balance. U can have charge of day to day affairs but very rare of the special tasks as the boss wants to do all of them on his own. It's 6 day working company & sometimes they even call on Sundays. As regards late sitting, I would say on an avg, u need to spend around 60 hrs a week.

read more

Assistant Manager in Gurgaon / Gurugram

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 20 Aug 2024
5.0
 for  Salary and Benefits

Likes

Salary structure Canteen facility..

Dislikes

In Lumax, Timing in NPD QUALITY not good.. Some Manager in other departments & Quality departments. NPD Quality some manager behaviour is not good.. Best regards, Jaiveer Singh

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All
Salary Discussions, Hike & Promotions
2w
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 Lumax Industries?
Ask anonymously on communities.
More about working at Lumax Industries

Lumax Industries Manager new Product Development Salary FAQs

What is the salary of Manager new Product Development at Lumax Industries Gurgaon / Gurugram?
Manager new Product Development salary at Lumax Industries in Gurgaon / Gurugram ranges between ₹13.3 Lakhs to ₹16.0 Lakhs for experience between 10 years to 14 years. According to our estimates it is 23% less than the average Manager new Product Development Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lumax Industries Gurgaon / Gurugram.
How does the salary of a Manager new Product Development at Lumax Industries Gurgaon / Gurugram compare with the average salary range for this job?
The average salary of a Manager new Product Development at Lumax Industries is 23% less than the average salary of a Manager new Product Development in Gurgaon / Gurugram. To know exact salary insights, login to view.
Which similar companies are paying more than Lumax Industries to a Manager new Product Development in Gurgaon / Gurugram?
  • Maruti Suzuki Manager new Product Development Salary - ₹24.0 Lakhs to ₹34.4 Lakhs per year
  • Roop Automotives Manager new Product Development Salary - ₹18.8 Lakhs to ₹29.3 Lakhs per year
What is the salary of a Manager new Product Development in companies similar to Lumax Industries in Gurgaon / Gurugram?
  • Honasa Consumer Manager new Product Development Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
  • Bharti Airtel Manager new Product Development Salary - ₹12.5 Lakhs to ₹18.5 Lakhs per year
  • Ag Industries Manager new Product Development Salary - ₹10.0 Lakhs to ₹11.0 Lakhs per year
What is the estimated take home salary of a Manager new Product Development at Lumax Industries in Gurgaon / Gurugram?
The estimated take-home salary of a Manager new Product Development at Lumax Industries ranges between ₹1,03,827 per month to ₹1,06,672 per month in Gurgaon / Gurugram. The take-home salary calculation is based on the average Lumax Industries Manager new Product Development salary in India which ranges between ₹13.3 Lakhs to ₹16.0 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Lumax Industries Manager new Product Development salary in Gurgaon / Gurugram ranges between ₹13.3 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Lumax Industries latest salaries received from various employees of Lumax Industries.