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Lumax Industries Tool Room Manager salaries in India

Annual salary range
22 - 28 years exp.
₹11.4 Lakhs - ₹15.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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13% more than the average Tool Room Manager Salary in Auto Components Companies for 22 - 28 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Room Manager Salary
25 - 28 years exp. (AmbitionBox Estimate)
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₹10.3 L/yr - ₹12.5 L/yr

Project & Program Management
Tool Room Manager Salary
22 - 24 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹15.3 L/yr

Last Updated: 12 Mar 2023

Companies similar to Lumax Industries for Tool Room Manager

Company name Avg Annual Salary Open Jobs
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Schaeffler India Tool Room Manager Salary

14 - 18 years exp. (4 salaries)

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₹12.7 L/yr - ₹13.5 L/yr

arrow icon 3% more
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Enco Engineers Combine Tool Room Manager Salary

7 - 23 years exp. (10 salaries)

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₹8.1 L/yr - ₹11 L/yr

arrow icon 27% less
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Sandhar Technologies Tool Room Manager Salary

9 - 25 years exp. (9 salaries)

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₹8.4 L/yr - ₹12 L/yr

arrow icon 21% less
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BHARAT TECHNO PLAST Tool Room Manager Salary

12 - 24 years exp. (6 salaries)

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₹6.4 L/yr - ₹24.2 L/yr

arrow icon 14% more
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Indo Autotech Tool Room Manager Salary

16 - 26 years exp. (6 salaries)

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₹11 L/yr - ₹14.9 L/yr

arrow icon 6% less
Tool Room Manager salary at Lumax Industries ranges between ₹11.4 Lakhs to ₹15.3 Lakhs per year for employees with experience between 22 years to 28 years. Salary estimates are based on 4 latest salaries received from various employees of Lumax Industries.

Latest annual salaries shared by Lumax Industries Tool Room Manager

1y ago
₹15.3 Lakhs
24 years exp.
1y ago
₹11.4 Lakhs
28 years exp.
1y ago
₹11.4 Lakhs
25 years exp.
1y ago
₹14 Lakhs
22 years exp.

Experience wise Lumax Industries Tool Room Manager salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹11.4 L/yr - ₹15.3 L/yr

Similar Designation salaries in Lumax Industries

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₹2.2 L/yr - ₹4.45 L/yr
Tool Room Incharge Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹6.15 L/yr - ₹17 L/yr
NPD Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Tool Room Supervisor Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Deputy Manager Salary
(165 salaries)
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₹6 L/yr - ₹17 L/yr
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₹5.49 L/yr - ₹17.74 L/yr
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₹33 L/yr - ₹43.05 L/yr
Store Incharge Salary
(6 salaries)
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₹2.4 L/yr - ₹5 L/yr
Store Keeper Salary
(4 salaries)
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₹1.15 L/yr - ₹2.16 L/yr

Salary related reviews for Lumax Industries

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
  • 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.

read more

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.

read more
  • 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.

read more

Full Time

 · 

Other Department

3.0
  •  posted on 19 Apr 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks on time.

  • Salary - Good

Dislikes

Late hour working. Old people do polytics Over work load so dont take leave. Don't leave office on time. Local transporter not work properly. Vehicle not arrange time. If you demand or take action against him. They give threat and attack on employees out side of company. Senior management not support . Labour union in company so also labour person do polytics.

read more
  • Skill development - Poor
  • +3 more

Quality Assurance Department

4.0
  •  posted on 19 Dec 2020

4.0
 for  Salary and Benefits

Likes

Company was good, i got so many training like TPM, ISO TS, ESD, MSA,SAP etc, and i like to work with my team members all are suoported to me.

read more
  • Salary - Good
  • +3 more

Dislikes

Compensation is decent, but growth is slow. Work pressure is very high. Salary satisfaction is not there.

read more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 23 Jan 2025

2.0
 for  Salary and Benefits

Likes

You will learn a lot if you learn by your self, as you have to travel in every department for a single material movement.

read more
  • Job security - Good

Dislikes

Unexpected cuts from salary. Unpaid Overtime, whatever HR says you have to work 12 hrs a day. No training program. 0 cooperation and communication between department causing latency in production.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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Lumax Industries Tool Room Manager Salary FAQs

What is the salary of Tool Room Manager at Lumax Industries ?
The average salary of a Tool Room Manager at Lumax Industries in India typically ranges from ₹11.4 Lakhs to ₹15.3 Lakhs per year, depending on experience (from 22 years to 28 years).

The top 10% of Tool Room Manager at Lumax Industries earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Tool Room Manager 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 4 Lumax Industries employees in India.
What is the estimated take home salary of a Tool Room Manager at Lumax Industries in India?
The estimated take-home salary of a Tool Room Manager at Lumax Industries in India typically ranges from ₹91,293 to ₹93,711 per month. This is based on the average salary range of ₹11.4 Lakhs to ₹15.3 Lakhs per year for employees with experience ranging from 22 years to 28 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 Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lumax Industries for Tool Room Manager in India?
BHARAT TECHNO PLAST ₹6.4 Lakhs to ₹24.2 Lakhs per year
Schaeffler India ₹12.7 Lakhs to ₹13.5 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 Tool Room Manager in companies similar to Lumax Industries in India?
The salary of a Tool Room Manager at companies similar to Lumax Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indo Autotech ₹11.0 Lakhs to ₹14.9 Lakhs per year
Sandhar Technologies ₹8.4 Lakhs to ₹12.0 Lakhs per year
Enco Engineers Combine ₹8.1 Lakhs to ₹11.0 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 Tool Room Manager at Lumax Industries in India?
The salary growth for a Tool Room Manager at Lumax Industries depends on factors such as experience, performance, and promotions. On average, a Tool Room Manager can expect the following growth trajectory at Lumax Industries:

Experience Average Salary Range
15 years ₹11.4 Lakhs to ₹15.3 Lakhs per year
and so on.

Tell us how to improve this page.

Lumax Industries Tool Room Manager salary in India ranges between ₹11.4 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lumax Industries latest salaries received from various employees of Lumax Industries.