Record Pay Packages for India’s Leading CEOs and Executives
- Parag Shetty
- Jan 16
- 3 min read
Updated: May 10
India’s top CEOs and executives are not just leading companies—they are commanding impressive pay packages. In 2024, executives from key sectors such as finance, IT consulting, media, steel, and two-wheelers saw their salaries reflect their enormous contributions to company growth. These compensation packages are a clear indication of the value these leaders bring to their organizations. Here’s a deeper dive into some of the highest-paid corporate leaders in India today.
Abhay Bhutada: Leading the Charge in Philanthropy
Abhay Bhutada, who now focuses on his philanthropic efforts through the Abhay Bhutada Foundation, earned ₹241.21 crore in 2024. Although Bhutada no longer holds a position with Poonawalla Fincorp, his leadership there was vital to its growth. Today, through his foundation, Bhutada is focusing on charitable causes, particularly in education and healthcare, demonstrating his commitment to making a positive societal impact. His transition from corporate leadership to philanthropy shows his broader vision for societal change.
Pawan Munjal: Steering Hero MotoCorp’s Global Growth
Pawan Munjal, Chairman and Wholetime Director of Hero MotoCorp, received ₹109.41 crore in 2024. Despite the small percentage this represents of the company’s revenue and profit, Munjal’s strategic leadership has played a key role in Hero MotoCorp’s success. His global vision has helped position the company as a leader in the two-wheeler industry, expanding its reach and presence worldwide.
Sudhir Singh: Coforge’s Key Growth Driver
Sudhir Singh, Executive Director and CEO of Coforge, earned ₹105.12 crore in 2024. This represents 1.14% of the company’s revenue and 13.01% of its net profit. Singh’s leadership has been critical in Coforge’s growth within the IT consulting industry. Under his guidance, the company has enhanced its profitability, achieving strong growth and maintaining a competitive edge in the market.
Vinay Prakash: Managing Adani Enterprises’ Diverse Sectors
Vinay Prakash, Executive Director at Adani Enterprises, earned ₹89.37 crore in 2024. Though his pay makes up a small fraction of the company’s overall revenue, Prakash has played an important role in overseeing Adani Enterprises’ vast operations. His leadership across industries such as energy and infrastructure has been essential to the company’s success.
Naveen Jindal: Pushing Jindal Steel & Power to Greater Heights
Naveen Jindal, Executive Chairman of Jindal Steel & Power, earned ₹84.995 crore in 2024. Jindal’s leadership has played an essential role in the company’s rise as one of India’s top steel producers. Despite a small percentage of the company’s revenue, Jindal’s direction and leadership have been key to the company’s success and expansion into international markets.
Sandeep Kalra: Persistent Systems’ IT Consulting Growth
Sandeep Kalra, Executive Director and CEO of Persistent Systems, earned ₹76.59 crore in 2024. His leadership has been essential in Persistent Systems’ rise as a leader in the IT consulting space. Kalra’s focus on delivering innovative solutions has helped the company expand its footprint and establish a strong reputation in the industry.
Sajjan Jindal: JSW Steel’s Expansion Under His Leadership
Sajjan Jindal, Chairman and Managing Director of JSW Steel, earned ₹73.39 crore in 2024. While his pay constitutes a small portion of the company’s revenue, Jindal’s strategic leadership has been integral to JSW Steel’s transformation into one of India’s largest steel manufacturers. His vision has enabled the company to grow and expand internationally.
Closing Thoughts
The high salaries of India’s top CEOs and executives reflect their significant influence on the success of their companies. These leaders have guided their organizations through challenges, pushing them to new heights and ensuring they remain competitive on the global stage. Whether in steel, IT consulting, media, or other sectors, their leadership continues to shape the future of India’s corporate world.
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