Lumax Industries Pune NPD Engineer Salaries by 3 Employees

2 - 5 years exp.

₹3 Lakhs - ₹4.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average NPD Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Salaries in different departments

Research & Development NPD Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.6 L/yr
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Quality Assurance NPD Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to Lumax Industries for NPD Engineer in Pune

Lumax Industries NPD Engineer Salary

2 - 5 years exp. (3 salaries)

₹3 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
UNO Minda NPD Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 34% less
ANTOLIN NPD Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹3.8 L/yr 20% less
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CIE Automotive NPD Engineer Salary 5 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 11% less
Terminal Technologies (i) NPD Engineer Salary 0 - 6 years exp. (20 salaries)	₹1.8 L/yr - ₹3.9 L/yr 25% less
DAVI ENGINEERING NPD Engineer Salary 0 - 4 years exp. (7 salaries)	₹2.3 L/yr - ₹4.5 L/yr 15% less

NPD Engineer salary at Lumax Industries ranges between ₹3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries NPD Engineer salaries in Pune

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in Lumax Industries

Senior Engineer Salary

(54 salaries)

₹3.4 L/yr - ₹8.8 L/yr

Assistant Engineer Salary

(41 salaries)

₹1.7 L/yr - ₹3.52 L/yr

Quality Engineer Salary

(22 salaries)

₹2 L/yr - ₹4.5 L/yr

Design Engineer Salary

(18 salaries)

₹2 L/yr - ₹6 L/yr

Production Engineer Salary

(17 salaries)

₹2.16 L/yr - ₹4.6 L/yr

Mechanical Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(4 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Project Engineer Salary

(3 salaries)

₹3 L/yr - ₹3.3 L/yr

Salary related reviews for Lumax Industries

4.8

Rated by 2 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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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 Industries NPD Engineer Salary FAQs

How the salary growth look like for a NPD Engineer at Lumax Industries in Pune?

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

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Lumax Industries NPD Engineer Salaries in Pune

Lumax Industries NPD Engineer salary in Pune ranges between ₹3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lumax Industries latest salaries received from various employees of Lumax Industries.