Lumax Industries NPD Engineer Salaries by 10+ Employees

2 - 6 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Salary of majority employees

21% more than the average NPD Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Salaries in different departments

Research & Development NPD Engineer Salary 2 - 6 years exp. (8 salaries)	₹3 L/yr - ₹6.5 L/yr
Production, Manufacturing & Engineering NPD Engineer Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Quality Assurance NPD Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.6 L/yr

Last Updated: 1 Jun 2024

Companies similar to Lumax Industries for NPD Engineer

Company name	Avg Annual Salary	Open Jobs
Varroc Group NPD Engineer Salary 1 - 10 years exp. (14 salaries)	₹2 L/yr - ₹8.5 L/yr 17% more
UNO Minda NPD Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹3 L/yr 34% less
Login to view exact salary
Bharat Forge NPD Engineer Salary 2 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹6.1 L/yr 9% more
Endurance Technologies NPD Engineer Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 3% less
Suprajit Engineering NPD Engineer Salary 0 - 8 years exp. (16 salaries)	₹3 L/yr - ₹5.2 L/yr 8% less
TVS Sundram Fasteners NPD Engineer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr 50% less
Pricol NPD Engineer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹5.1 L/yr 15% less
CIE Automotive NPD Engineer Salary 3 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 21% less

NPD Engineer salary at Lumax Industries ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries NPD Engineer salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
2 years (5 salaries)	₹3 L/yr - ₹4.1 L/yr
3 years (4 salaries)	₹3 L/yr - ₹5.5 L/yr
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4 years (3 salaries)	₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.5 L/yr

Similar Designation salaries in Lumax Industries

Senior Engineer Salary

(222 salaries)

₹3.4 L/yr - ₹9 L/yr

Design Engineer Salary

(32 salaries)

₹2 L/yr - ₹7 L/yr

Junior Engineer Salary

(71 salaries)

₹1.2 L/yr - ₹4.1 L/yr

Quality Engineer Salary

(144 salaries)

₹1.25 L/yr - ₹6 L/yr

Project Engineer Salary

(5 salaries)

₹3 L/yr - ₹7 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Assistant Engineer Salary

(386 salaries)

₹1.7 L/yr - ₹4.1 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Mechanical Engineer Salary

(33 salaries)

₹1.5 L/yr - ₹5 L/yr

Production Engineer Salary

(139 salaries)

₹1.7 L/yr - ₹5.4 L/yr

Salary related reviews for Lumax Industries

3.7

Rated by 4 employees for salary & benefits

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

Skill development - Good

+3 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.

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.

Salary - Good

+5 more

Dislikes

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

Production Engineer in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

5.0

• posted on 01 May 2021

5.0

for Salary and Benefits

Likes

...environment and culture. Teammates are supportive and the management is transpa. Company policies are good, appreisals are fair and they give avarage salary hike and bonus every year.

Salary - Excellent

+4 more

Dislikes

Salary is decent but career growth is slow.

Quality Engineer in Manesar

Quality Assurance Department

5.0

• posted on 14 Oct 2020

3.0

for Salary and Benefits

Likes

Lumax is a brand group among automotive world technology and OEM's have faith to lumax . Culture is good & managment is supportive . Should be recommeded .

Skill development - Good

+5 more

Dislikes

There is nothing to dislike here but i can say salary structure is littile bit low among all indistries.

Assistant Engineer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Jun 2020

3.0

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.

Skill development - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Lumax Industries NPD Engineer Salary FAQs

What is the salary of NPD Engineer at Lumax Industries ?

The average salary of a NPD Engineer at Lumax Industries in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of NPD Engineer at Lumax Industries earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. NPD Engineer Salaries at Lumax Industries 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 10+ Lumax Industries employees in India.

What is the estimated take home salary of a NPD Engineer at Lumax Industries in India?

The estimated take-home salary of a NPD Engineer at Lumax Industries in India typically ranges from ₹32,121 to ₹33,403 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 10+ salaries received from various employees of Lumax Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lumax Industries for NPD Engineer in India?

Varroc Group	₹2.0 Lakhs to ₹8.5 Lakhs per year
Bharat Forge	₹3.4 Lakhs to ₹6.1 Lakhs per year

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

What is the salary of a NPD Engineer in companies similar to Lumax Industries in India?

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

Endurance Technologies	₹3.5 Lakhs to ₹5.5 Lakhs per year
Suprajit Engineering	₹3.0 Lakhs to ₹5.2 Lakhs per year
Pricol	₹3.0 Lakhs to ₹5.1 Lakhs per year
CIE Automotive	₹3.0 Lakhs to ₹4.5 Lakhs per year
UNO Minda	₹2.5 Lakhs to ₹3.0 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 NPD Engineer at Lumax Industries in India?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹4.1 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.5 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.5 Lakhs to ₹8.2 Lakhs per year

and so on.

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Lumax Industries NPD Engineer Salaries

Lumax Industries NPD Engineer salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Lumax Industries latest salaries received from various employees of Lumax Industries.