The High-Paid CEOs of India: Leadership that Drives Growth in 2024
- Parag Shetty
- Jan 14
- 3 min read
Updated: May 10
In 2024, several CEOs in India have earned substantial remunerations, reflecting their instrumental roles in driving growth and innovation within their companies. From finance to media, their leadership continues to shape industries. This article highlights the highest-paid executives and how their strategies have helped their organizations thrive in competitive markets.
Abhay Bhutada: A Visionary Behind Poonawalla Fincorp’s Growth
Abhay Bhutada, founder of the Abhay Bhutada Foundation, earned Rs 241.21 crore in 2024. While he is no longer involved with Poonawalla Fincorp, his leadership was crucial in navigating the company to new heights. His vision and strategic direction played a pivotal role in expanding the company’s footprint in the finance sector. Bhutada’s philanthropic efforts, through his foundation, continue to support various causes in education and healthcare. His legacy is deeply embedded in Poonawalla Fincorp’s success. The foundation stands as a testament to his commitment to social causes.
Pawan Munjal: Leading Hero MotoCorp to Global Prominence
Pawan Munjal, Chairman & Wholetime Director of Hero MotoCorp, earned Rs 109.41 crore in 2024. Munjal has successfully expanded Hero MotoCorp’s presence beyond India, making it a global leader in two-wheelers. Under his leadership, the company has maintained a strong position in the highly competitive motorcycle market. His strategic focus on innovation, product development, and sustainable growth has been central to the company’s continued success. Hero MotoCorp remains one of the largest motorcycle manufacturers worldwide, thanks to Munjal’s vision and leadership.
Vinay Prakash: Integral to Adani Enterprises’ Expanding Reach
Vinay Prakash, Executive Director at Adani Enterprises, earned Rs 89.37 crore in 2024. His leadership spans multiple sectors, including energy, infrastructure, and logistics, contributing to Adani’s diverse business portfolio. Prakash has overseen key projects that have led to the company’s growth both in India and internationally. His strategic foresight has helped Adani Enterprises navigate challenges and secure long-term success. His compensation reflects his role in ensuring the company’s continuous development across various sectors.
Sandeep Kalra: Persistent Systems’ Key to IT Consulting Growth
Sandeep Kalra, CEO of Persistent Systems, earned Rs 76.59 crore in 2024. Kalra’s leadership has positioned Persistent Systems as one of the leaders in IT consulting. His focus on innovation, client relations, and expanding the company’s service offerings has fueled growth. Persistent Systems has seen continued success under his strategic direction, cementing its place in the competitive IT industry. Kalra’s efforts have been key in ensuring the company’s strong performance.
Sajjan Jindal: Transforming JSW Steel into an Industry Leader
Sajjan Jindal, Chairman & Managing Director of JSW Steel, earned Rs 73.39 crore in 2024. Under Jindal’s leadership, JSW Steel has become one of India’s largest steel producers. His focus on growth, strategic investments, and market expansion has helped JSW Steel thrive in the competitive steel industry. Jindal has ensured the company’s continued success with innovative strategies and a commitment to excellence. His leadership remains a driving force behind JSW Steel’s achievements.
Salil S. Parekh: Guiding Infosys to Continued Success
Salil S. Parekh, CEO of Infosys, earned Rs 66.25 crore in 2024. Parekh’s leadership has played a pivotal role in maintaining Infosys as a top player in the IT consulting sector. His strategic decisions have allowed Infosys to stay competitive and continue growing. Under his leadership, Infosys has expanded its client base and improved profitability. Parekh’s focus on innovation and global expansion has ensured the company’s continued success.
Conclusion
These top CEOs demonstrate that strategic leadership is a crucial factor in the success of India’s largest companies. Their high earnings reflect not only their individual contributions but also their ability to steer their organizations through challenges and growth. Their impact continues to shape India’s corporate landscape for years to come.
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