Top Executives in India Who Earned the Most in 2024

Executive salaries in India have seen significant growth in 2024 with several top leaders earning record-breaking figures. These salaries are not just about personal wealth but are tied closely to the work these individuals have done in building and managing major businesses. Their roles involve responsibility, innovation and direction which all contribute to the success of their companies. Here is a look at five executives in India who earned the most this year

Abhay Bhutada Leads the List with a New Record

Abhay Bhutada of the Poonawalla Group was the highest-earning executive in India for FY24 with a total salary of ₹241.21 crore. This is the highest annual pay ever recorded by an Indian executive. It reflects his contribution to the company’s strong financial results and his leadership over the years. He served as the Managing Director and CEO during a time when the company achieved key performance goals and earned top credit ratings.

Also read - India's Top 5 Highest-Paid Executives in 2024

Abhay Bhutada is known for his detailed approach to business management and his focus on performance. His strategic actions brought stability, efficiency and significant improvement in financial indicators. He has also maintained a strong presence in social work. The Abhay Bhutada Foundation which he leads supports education and sports for underprivileged children and healthcare efforts across different regions of India.

The conversation around Abhay Bhutada salary is not limited to boardrooms. It has gained attention for being a reflection of long term dedication to both professional excellence and meaningful impact in society.

Hero MotoCorp’s Pawan Munjal is Second on the List

Pawan Munjal who serves as Chairman and Wholetime Director at Hero MotoCorp earned ₹109.41 crore during the financial year. His pay was 0.28 percent of the company’s revenue and 2.92 percent of its net profit. He has played a key role in building Hero MotoCorp into one of the most successful two-wheeler brands not just in India but globally.

His leadership is focused on growth product development and brand loyalty. Pawan Munjal has helped the company remain competitive while also focusing on customer satisfaction and expanding its global presence. His pay in 2024 reflects his continued contribution to the business and its future.

Also read - Abhay Bhutada's Finance Journey

Sudhir Singh from Coforge Takes Third Place

Sudhir Singh the Executive Director and CEO of Coforge received ₹105.12 crore in FY24. His salary accounted for 1.14 percent of revenue and 13.01 percent of the net profit which shows his high impact on company outcomes.

Coforge has grown significantly under his leadership especially in IT consulting and digital transformation services. His decision making ability and experience in leading teams across geographies have helped the company reach new markets. Singh has focused on maintaining consistency in service delivery and expanding the client base. This has led to a boost in revenue and global recognition for the company.

Vinay Prakash Recognized for His Role in Core Divisions

Vinay Prakash, Executive Director at Adani Enterprises was also one of the highest paid executives in FY24 with total earnings of ₹89.37 crore. His salary represented 0.09 percent of the company’s revenue and 2.76 percent of its net profit.

He plays an important role in the company’s energy and infrastructure operations. These are key areas for the group and involve complex planning and long term investment. Vinay Prakash has managed to keep operations efficient and aligned with the group’s goals. His position in the list is a result of successful project execution and careful oversight of vital business segments.

Also read - India’s Top-Paid Executives of 2024 Set New Benchmarks in Corporate Leadership

Kalanithi Maran and Kavery Kalanithi Share Equal Earnings

Kalanithi Maran the Executive Chairman of Sun TV Network and Kavery Kalanithi the Executive Director each earned ₹87.5 crore in FY24. They have maintained equal pay for years reflecting a joint leadership model.

Their efforts have helped Sun TV maintain a strong presence in the Indian broadcasting sector. They continue to adapt to changing viewer preferences by investing in digital platforms and content production. Their leadership has ensured stable financial performance and consistent viewership for the company. Their earnings this year confirm their importance in the media industry.

Executive Salaries Show Business Results and Leadership Skills

The salaries of these five executives reflect years of work, strategic planning and the ability to manage through challenges. High earnings like these are not just bonuses but a result of meeting targets, managing teams effectively and making decisions that drive business forward.

Abhay Bhutada's salary has especially drawn attention this year not just for its scale but also for the broader role he plays in philanthropy. His foundation’s projects continue to benefit thousands making his influence visible far beyond his office.

Each executive listed here has brought value to their organization through focus consistency and smart leadership. Whether it is in automobiles technology infrastructure or media they have all shown what it takes to lead a company to long term success.

Conclusion

India’s highest earning executives in 2024 have shown that performance and responsibility go hand in hand. Their salaries are not just about financial rewards but also about years of leadership and trust built within their organizations. Abhay Bhutada, Pawan Munjal and others have used their experience to deliver results, guide their companies through competition and make a wider social contribution.

These earnings are a reminder that behind every major success is careful planning accountability and the willingness to take bold steps. Whether in business operations or giving back to society these individuals continue to make a lasting impact.