Pioneer Today Team
Top 10 highest paid CEOs in India and learn about their substantial contributions to their companies’ growth and success. This detailed article explores the annual compensations, career journeys, and strategic visions of influential leaders like C.P. Gurnani, Mukesh Ambani, Pawan Munjal, Salil Parekh, Rajesh Gopinathan, and others. Understand how their leadership has shaped India’s corporate landscape and made them some of the most highly compensated executives in the country.
India’s corporate sector is driven by dynamic and visionary leaders whose strategic insights and innovative approaches have propelled their companies to great heights. These CEOs are among the highest paid in the country, reflecting their critical roles in shaping the success and growth of their respective organizations. Here’s an in-depth look at the top 10 highest-paid CEOs in India, their contributions, achievements, and compensation details.
Table of Contents
| CEO | Company | Compensation (INR) | Compensation (USD) | Wikipedia Link |
|---|---|---|---|---|
| Mukesh Ambani | Reliance Industries | ₹15 crore | $2 million | Mukesh Ambani |
| Pawan Munjal | Hero MotoCorp | ₹85.59 crore | $11.5 million | Pawan Munjal |
| C.P. Gurnani | Tech Mahindra | ₹33.2 crore | $4.5 million | C.P. Gurnani |
| Salil Parekh | Infosys | ₹34.27 crore | $4.6 million | Salil Parekh |
| Kalanithi Maran | Sun Group | ₹87.5 crore | $11.8 million | Kalanithi Maran |
| Aditya Puri | HDFC Bank (Former) | ₹18.92 crore | $2.6 million | Aditya Puri |
| Sanjiv Mehta | Hindustan Unilever Limited | ₹19.42 crore | $2.7 million | Sanjiv Mehta |
| N. Chandrasekaran | Tata Sons | ₹65.52 crore | $8.8 million | N. Chandrasekaran |
| Vishal Sikka | Formerly of Infosys | ₹45.11 crore | $6 million | Vishal Sikka |
| Uday Kotak | Kotak Mahindra Bank | ₹27.39 crore | $3.7 million | Uday Kotak |
1. Mukesh Ambani – Reliance Industries Limited
Annual Compensation: ₹90 crore+
Mukesh Ambani, the Chairman and Managing Director of Reliance Industries Limited (RIL), is one of the most prominent business figures in India. Under his leadership, RIL has diversified from its origins in textiles and polyester fibers into a conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail. Ambani’s visionary approach led to the creation of Reliance Jio, which revolutionized the Indian telecom sector with affordable data services, making him one of the highest-paid and most influential CEOs in India.
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2. C.P. Gurnani – Tech Mahindra
Annual Compensation: ₹146 crore
C.P. Gurnani, the CEO and Managing Director of Tech Mahindra, has been instrumental in transforming the company into a global IT and network technology solutions provider. His strategic acquisitions and partnerships have expanded Tech Mahindra’s global footprint, significantly enhancing its capabilities and revenue streams. Gurnani’s leadership and focus on innovation have earned him a top spot among the highest-paid CEOs in India.
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3. Pawan Munjal – Hero MotoCorp
Annual Compensation: ₹85 crore
Pawan Munjal, the Chairman, Managing Director, and CEO of Hero MotoCorp, has played a pivotal role in maintaining the company’s position as the largest two-wheeler manufacturer in the world. His focus on innovation, expansion into global markets, and commitment to sustainability have driven Hero MotoCorp’s growth. Munjal’s leadership ensures the company remains at the forefront of the automotive industry, justifying his high compensation.
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4. Salil Parekh – Infosys
Annual Compensation: ₹71 crore
Salil Parekh, the CEO and Managing Director of Infosys, has been a driving force behind the company’s renewed growth and strategic direction. Since taking the helm, Parekh has focused on digital transformation, cloud computing, and AI, leading to significant improvements in Infosys’s market position and financial performance. His compensation reflects his role in steering Infosys through a competitive IT landscape.
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5. Rajesh Gopinathan – Tata Consultancy Services (TCS)
Annual Compensation: ₹20 crore
Rajesh Gopinathan, the CEO and Managing Director of TCS, has played a crucial role in maintaining the company’s status as a global leader in IT services. Under his leadership, TCS has seen remarkable growth, expanded its digital services portfolio, and reinforced its position in key markets. Gopinathan’s strategic vision and leadership are key factors in his substantial compensation.
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6. Sanjiv Mehta – Hindustan Unilever Limited (HUL)
Annual Compensation: ₹19 crore
Sanjiv Mehta, the Chairman and Managing Director of HUL, has overseen significant growth and market penetration for one of India’s leading consumer goods companies. His focus on innovation, sustainability, and inclusive growth has driven HUL’s success across various product categories. Mehta’s effective leadership and strategic initiatives are reflected in his high earnings.
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7. Vijay Shekhar Sharma – Paytm
Annual Compensation: ₹15 crore
Vijay Shekhar Sharma, the founder and CEO of Paytm, has been a pioneer in the Indian fintech landscape. Under his leadership, Paytm has grown from a mobile recharge platform to a comprehensive digital financial services provider, offering everything from payments to banking and financial products. Sharma’s entrepreneurial spirit and vision have made him one of the highest-paid CEOs in the country.
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8. S.N. Subrahmanyan – Larsen & Toubro (L&T)
Annual Compensation: ₹31 crore
S.N. Subrahmanyan, the CEO and Managing Director of L&T, has been instrumental in driving the company’s growth in engineering, construction, and technology services. His strategic initiatives have helped L&T maintain its leadership position in various sectors, including infrastructure and IT. Subrahmanyan’s substantial compensation reflects his significant contributions to L&T’s success.
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9. Guenter Butschek – Tata Motors
Annual Compensation: ₹22 crore
Guenter Butschek, the CEO and Managing Director of Tata Motors, has been pivotal in revitalizing the company’s product portfolio and improving operational efficiencies. His global automotive experience and strategic direction have helped Tata Motors navigate through challenging market conditions and remain competitive. Butschek’s leadership and efforts are rewarded with a high compensation package.
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10. Kalanithi Maran – Sun TV Network
Annual Compensation: ₹87 crore
Kalanithi Maran, the Chairman and Managing Director of Sun TV Network, has transformed the media landscape in South India. Under his leadership, Sun TV has become one of the largest media conglomerates in the country, with a significant presence in television, radio, and digital platforms. Maran’s entrepreneurial acumen and strategic vision have resulted in a substantial compensation package.
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FAQs on Top 10 Highest Paid CEOs in India
- Who is the highest-paid CEO in India?
- The highest-paid CEO in India is C.P. Gurnani of Tech Mahindra, with an annual compensation of approximately ₹146 crore.
- Who are the 10 highest-paid CEOs in India?
- The 10 highest-paid CEOs in India are:
- C.P. Gurnani – Tech Mahindra
- Mukesh Ambani – Reliance Industries Limited
- Kalanithi Maran – Sun TV Network
- Pawan Munjal – Hero MotoCorp
- Salil Parekh – Infosys
- Guenter Butschek – Tata Motors
- S.N. Subrahmanyan – Larsen & Toubro
- Rajesh Gopinathan – Tata Consultancy Services
- Sanjiv Mehta – Hindustan Unilever Limited
- Vijay Shekhar Sharma – Paytm
- The 10 highest-paid CEOs in India are:
- Who is the richest Indian CEO in the world?
- Mukesh Ambani, the Chairman and Managing Director of Reliance Industries Limited, is the richest Indian CEO in the world, with a net worth of several billion dollars.
- What is the salary of CEO Ravi Kumar?
- As of the latest available data, Ravi Kumar’s salary specifics aren’t as widely publicized as the top 10 CEOs listed. Ravi Kumar is the CEO of Cognizant, and his compensation would be substantial, reflecting his position’s responsibility and the company’s global standing.
- How is CEO compensation determined in India?
- CEO compensation in India is typically determined by the company’s board of directors and often includes a mix of salary, bonuses, stock options, and other incentives. It reflects the company’s performance, the CEO’s experience, and the competitive market rates.
- Why do some CEOs in India earn so much?
- CEOs earn high salaries due to their critical role in steering the company, driving growth, making strategic decisions, and managing risks. Their compensation packages often reflect the company’s success and their ability to meet or exceed performance targets.
- How has the trend of CEO compensation changed in India over the years?
- CEO compensation in India has seen a significant increase over the years, reflecting the growing scale and complexity of businesses, the competitive talent market, and the need to attract and retain top executive talent.
- What sectors do the highest-paid CEOs in India belong to?
- The highest-paid CEOs in India belong to diverse sectors, including IT and technology (e.g., Tech Mahindra, Infosys, TCS), manufacturing and automotive (e.g., Hero MotoCorp, Tata Motors), telecommunications (e.g., Reliance Industries), consumer goods (e.g., HUL), and media (e.g., Sun TV Network).
- How does the compensation of Indian CEOs compare to their global counterparts?
- While top Indian CEOs earn substantial salaries, their compensation often remains lower than that of their global counterparts, particularly in the US and Europe, due to differences in market sizes, revenue scales, and economic conditions.
- Are there any regulatory caps on CEO compensation in India?
- There are regulatory guidelines in India regarding CEO compensation, particularly for public sector companies and firms with significant government ownership. However, in private sector companies, compensation is primarily determined by the board, with shareholder approval required for substantial remuneration packages.
Also read:
- Top 10 BioTech Startups in india
- Top 10 Renewable Energy Startups in india
- Top 10 WaterTech Startups in india
- Top 10 Waste Management Startups in india
- Top 10 GreenTech Startups in india
- Top 10 SpaceTech Startups in india
- Top 10 Mobility as a Service (MaaS) Startups in india
- Top 10 Cyber Defense Startups in india
- Top 10 Legal Services Startups in india
- Top 10 Remote Work Startups in india
