Top 10 Highest Paid CEOs in India

Discover the Top 10 Highest Paid CEOs in India, showcasing influential business leaders across diverse industries. Explore their compensation, achievements, and impact on the corporate landscape.

Discover the top ten highest paid CEOs in India and their significant contributions to the expansion and success of their respective businesses. This comprehensive essay delves into the yearly salaries, professional trajectories, and strategic outlooks of prominent figures such as C.P. Gurnani, Mukesh Ambani, Pawan Munjal, Salil Parekh, Rajesh Gopinathan, and others. Recognise how their leadership has influenced India’s business environment and elevated them to some of the highest paid positions among CEOs in the nation.

Leaders in India’s corporate sector are energetic and visionary, having taken their firms to new heights with their creative solutions and strategic insights. Because of their crucial contributions to the development and success of their individual companies, these CEOs are among the highest paid in the nation. Check out the contributions, accomplishments, and salary data of the top 10 highest-paid CEOs in India.

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:

One of the most well-known businessmen in India is Mukesh Ambani, the Chairman and Managing Director of Reliance Industries Limited (RIL). Under his direction, RIL has expanded from its roots in polyester fibres and textiles to become a conglomerate with businesses in retail, telecommunications, oil, petrochemicals, and refining. Ambani is one of the most well-paid and significant CEOs in India thanks to his innovative approach that resulted in the establishment of Reliance Jio, which transformed the country’s telecom industry with reasonably priced data services.

Company: Reliance Industries Limited
Compensation: Mukesh Ambani’s compensation is typically linked to his shareholding and dividends from Reliance Industries, making him one of the highest-paid executives in India.

2.Pawan Munjal:

Hero MotoCorp’s Chairman, Managing Director, and CEO Pawan Munjal has been instrumental in keeping the business as the biggest two-wheeler manufacturer in the world. Hero MotoCorp’s development has been driven by his focus on innovation, expansion into worldwide markets, and commitment to sustainability. Munjal’s hefty salary is justified by the fact that his leadership keeps the company at the forefront of the automotive sector.

Company: Hero MotoCorp

Compensation: Pawan Munjal is one of the highest-paid CEOs in India due to his leadership role at Hero MotoCorp, a leading two-wheeler manufacturer.

3.C.P. Gurnani:

The CEO and Managing Director of Tech Mahindra, C.P. Gurnani, has played a pivotal role in establishing the organisation as a worldwide supplier of network technology and IT solutions. Tech Mahindra’s global reach has been grown through his strategic acquisitions and alliances, which have also greatly enhanced the company’s capabilities and revenue sources. Gurnani is one of the highest-paid CEOs in India thanks to his innovative thinking and strong leadership.

Company: Tech Mahindra
Compensation: C.P. Gurnani leads Tech Mahindra and is among the top-paid CEOs in the Indian IT sector.

4. Salil Parekh

The company’s newfound development and strategic direction have been largely attributed to Infosys’s CEO and Managing Director, Salil Parekh. Since becoming over, Parekh has prioritised cloud computing, artificial intelligence, and digital transformation, which has significantly improved Infosys’s standing in the market and bottom line. His pay is commensurate with his contribution to guiding Infosys through a cutthroat IT market.

Company: Infosys
Compensation: Salil Parekh, as the CEO of Infosys, receives a substantial compensation package reflective of his leadership in one of India’s top IT services companies.

5. Kalanithi Maran

The chairman and managing director of Sun TV Network, Kalanithi Maran, has changed South India’s media environment. Under his direction, Sun TV has grown to be one of the nation’s biggest media companies, with a sizable following on internet, radio, and television networks. Maran has received a big salary package as a result of his strategic vision and entrepreneurial ability.

Company: Sun Group

compensation: kalanithi Maran as the CEO of sun TV INR 57 crores is specifically for his role at Sun TV Network.

6.Aditya Puri:

Aditya Puri is a prominent figure in the Indian banking sector, best known for his long and successful tenure as the Managing Director of HDFC Bank. Born on October 26, 1950, Puri served as the bank’s CEO from its inception in 1994 until his retirement in October 2020. During his tenure, HDFC Bank grew significantly to become one of India’s leading private sector banks, known for its robust retail banking services, customer-centric approach, and technological innovations.

company: HDFC Bank (Former)

compensation: The Managing Director of HDFC Bank, was one of the highest-paid bank executives in India. In his final year with HDFC Bank (FY 2020-21), Aditya Puri’s total compensation package, including salary, allowances, and bonuses, was reported to be around INR 13.82 crores

7.Sanjiv Mehta:

One of India’s top consumer products firms has had substantial expansion and market penetration under the direction of Sanjiv Mehta, Chairman and Managing Director of HUL. HUL’s success has been fueled by his emphasis on innovation, sustainability, and inclusive expansion in a number of product areas. Mehta’s large income is a direct result of his strategic efforts and capable leadership.

company: Hindustan Unilever Limited

compensation: The Chairman and Managing Director of Hindustan Unilever Limited (HUL). As of the latest available data, Sanjiv Mehta’s total compensation for the fiscal year 2020-21 was reported to be around INR 19.42 crores.

8. N. Chandrasekaran:

N. Chandrasekaran – Top 10 Highest Paid CEOs in India (Pic Source: Moneycontrol.com)

N. Chandrasekaran, often referred to as Chandra, is the Chairman of Tata Sons, the holding company of the Tata Group, since February 2017. As of my last update, specific details regarding his compensation package may not be readily available in current databases or public records. Compensation details for top executives, especially in large conglomerates like Tata Sons, can vary significantly based on their roles, performance, and the company’s financial health.

Company: Tata Sons

compensation: The Chairman of Tata Sons, the holding company of the Tata Group, since February 2017

9. Rahul Bhatia

Rahul Bhatia is a prominent Indian entrepreneur and businessman, best known as the co-founder of InterGlobe Enterprises. Born in 1960, Bhatia, along with his partner Rakesh Gangwal, founded InterGlobe Enterprises in 1989. InterGlobe is a diversified conglomerate with interests in aviation, hospitality, travel technology, and more.

Company: InterGlobe Enterprises (IndiGo)
Compensation: Rahul Bhatia, as a co-founder and promoter of IndiGo, one of India’s largest airlines, has a substantial stake in the company’s success.

10.Uday Kotak

Uday Kotak is the Managing Director and CEO of Kotak Mahindra Bank, one of India’s prominent private sector banks. His compensation details can vary from year to year based on performance and company policies. Typically, executive compensation packages include a combination of salary, bonuses, stock options, and other incentives.

For the latest information on Uday Kotak’s compensation, it would be best to refer to Kotak Mahindra Bank’s annual reports or recent disclosures. These documents usually provide a breakdown of executive compensation, including that of the Managing Director and CEO. Financial news outlets that cover executive pay in India may also have relevant information.

Company: Kotak Mahindra Bank

compensation: The Managing Director and CEO of Kotak Mahindra Bank, one of India’s prominent private sector banks.

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:
  1. C.P. Gurnani – Tech Mahindra
  2. Mukesh Ambani – Reliance Industries Limited
  3. Kalanithi Maran – Sun TV Network
  4. Pawan Munjal – Hero MotoCorp
  5. Salil Parekh – Infosys
  6. Guenter Butschek – Tata Motors
  7. S.N. Subrahmanyan – Larsen & Toubro
  8. Rajesh Gopinathan – Tata Consultancy Services
  9. Sanjiv Mehta – Hindustan Unilever Limited
  10. Vijay Shekhar Sharma – Paytm
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.