India’s Highest-Paid Executives in 2024

1. Abhay Bhutada – ₹241.21 Crore

Abhay Bhutada topped the list as India’s highest-paid executive in FY24, earning ₹241.21 crore. He is part of the Poonawalla Group and previously led Poonawalla Fincorp, securing a CRISIL AAA rating and driving financial growth. Beyond business, he actively supports education, healthcare, and sports for underprivileged communities through the Abhay Bhutada Foundation.

2. Pawan Munjal – ₹109.41 Crore

Pawan Munjal, Chairman and Wholetime Director of Hero MotoCorp, earned ₹109.41 crore in FY24. His strategic vision has positioned Hero MotoCorp as a dominant force in the two-wheeler industry, both in India and globally. His remuneration, which accounted for 0.28% of the company’s revenue and 2.92% of its net profit, reflects his critical role in steering the company forward.

3. Sudhir Singh – ₹105.12 Crore

As the Executive Director and CEO of Coforge, Sudhir Singh took home ₹105.12 crore in FY24. Under his leadership, Coforge has expanded significantly in IT consulting and digital transformation services. His compensation represented 1.14% of the company’s revenue and 13.01% of net profit, reinforcing his contribution to the company’s impressive trajectory.

4. Vinay Prakash – ₹89.37 Crore

Vinay Prakash, an Executive Director at Adani Enterprises, earned ₹89.37 crore in FY24, making him one of the top earners in India. He has been instrumental in the company’s energy and infrastructure divisions, playing a key role in its expansion. While his salary accounted for just 0.09% of revenue and 2.76% of net profit, his contributions to Adani Enterprises’ long-term strategy have been significant.

5. Kalanithi Maran & Kavery Kalanithi – ₹87.5 Crore Each

Sun TV Network’s Executive Chairman Kalanithi Maran and Executive Director Kavery Kalanithi each received ₹87.5 crore in FY24. Their leadership has solidified Sun TV’s presence in the Indian media landscape, ensuring consistent profitability and market dominance. Their earnings reflect the company’s sustained growth in the entertainment industry.

Final Thoughts

The hefty paychecks of India’s highest-earning executives highlight their influence on the corporate world. Their leadership has played a crucial role in driving business success and shaping industries. Among them, Abhay Bhutada’s salary, followed by Pawan Munjal, and Sudhir Singh's salary shows the growing recognition of strong leadership in today’s business landscape.