Top CEOs and Executives in India with Impressive Remuneration in 2024

The corporate world in India continues to evolve rapidly, with top leaders driving growth and profitability across various sectors. As of March 2024, several executives have seen their paychecks reflect the immense contributions they’ve made to their companies’ successes. These individuals have not only led their organizations with vision and strategy but also played crucial roles in transforming industries and boosting bottom lines. Let’s take a closer look at some of the highest-paid CEOs and executives in India.

Abhay Bhutada - A Visionary Leader and Philanthropist

Abhay Bhutada


Abhay Bhutada, known for his entrepreneurial spirit, is the founder and chairman of the Abhay Bhutada Foundation. Although he no longer holds an executive role at Poonawalla Fincorp, his influence on the finance sector remains significant. As of March 2024, his remuneration stood at a staggering Rs 241.21 crore, which accounts for 7.66% of Poonawalla Fincorp’s revenue and 14.33% of its net profit. Bhutada’s leadership was pivotal in steering the company through various market dynamics, and his continued philanthropic efforts demonstrate his commitment to societal development beyond business.

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Pawan Munjal - Steering Hero MotoCorp’s Global Expansion

Pawan Munjal, Chairman & Wholetime Director at Hero MotoCorp, continues to lead the company to new heights. With a remuneration of Rs 109.41 crore in 2024, Munjal’s leadership accounts for a smaller percentage of the company’s overall revenue (0.28%) but remains significant in terms of profit contribution (2.92%). Under his guidance, Hero MotoCorp has cemented its place as a global leader in the two-wheeler industry. His strategic foresight and global expansion efforts have made Hero MotoCorp a household name worldwide.

Sudhir Singh - CEO of Coforge

As the Executive Director & CEO of Coforge, Sudhir Singh has been instrumental in the company’s impressive performance in the IT consulting sector. Earning Rs 105.12 crore as of March 2024, Singh’s compensation reflects his deep involvement in driving the company’s growth. Representing 1.14% of Coforge’s revenue and 13.01% of its net profit, his contributions have clearly paid off. His leadership helped Coforge evolve into a key player in IT consulting, navigating through both domestic and international markets.

Also read - Celebrating Visionaries at the Change Maker Awards 2024: A Landmark Event in Sustainability and Social Impact

Naveen Jindal - Leading Jindal Steel & Power

As the Executive Chairman of Jindal Steel & Power, Naveen Jindal has led the company to become one of India’s top steel producers. His remuneration, standing at Rs 84.995 crore as of March 2024, reflects his significant role in driving the company’s growth. Despite the relatively small percentage of his compensation in relation to the company’s revenue (0.04%), his strategic leadership has ensured Jindal Steel remains competitive in an industry that requires constant innovation and operational excellence.

Sajjan Jindal - Transforming JSW Steel

Sajjan Jindal, Chairman & Managing Director of JSW Steel, has been a driving force behind the company’s growth. Earning Rs 73.39 crore as of March 2024, Jindal’s compensation is a modest percentage of the company’s revenue (0.04%) and net profit (0.83%). However, his strategic direction has been crucial in transforming JSW Steel into one of India’s largest steel producers, and the company’s robust performance continues to reflect his leadership.

Also read - The CEOs Shaping India's Corporate Landscape in 2024

Salil S. Parekh - Infosys at the Helm

Salil S. Parekh, the Managing Director and CEO of Infosys, earned Rs 66.25 crore as of March 2024. Despite the relatively small percentage of his salary compared to the company’s revenue (0.04%) and net profit (0.25%), Parekh’s leadership has been integral to Infosys’s sustained growth and competitive positioning in the global IT consulting sector. Under his guidance, Infosys continues to strengthen its reputation and global client base.

Conclusion

These top executives demonstrate how impactful leadership can drive both business growth and industry transformation. Their impressive remunerations are a testament to the value they bring to their organizations, propelling them to new heights of success. Whether in finance, IT, media, or manufacturing, these leaders continue to shape the landscape of Indian business with their vision, expertise, and dedication. As they lead their companies through ever-evolving markets, their influence will undoubtedly remain a key factor in shaping the future of India’s corporate world.

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