Top 10 Highest Paid CEOs in India

India’s corporate landscape is led by some of the highest-paid CEOs who are driving the growth and success of their respective companies. These top executives are rewarded generously for their leadership, vision, and the value they bring to their organizations. Here, we highlight the ten highest-paid CEOs in India, their contributions, and the companies they helm. Discover the top 10 highest paid CEOs in India who are leading some of the largest and most successful companies. Learn about their impressive salaries, the companies they helm, their key achievements, and the industries they impact. From Mukesh Ambani’s leadership at Reliance Industries to Sunil Mittal’s telecom expansion at Bharti Enterprises, explore how these executives drive growth and innovation in India’s corporate landscape. Find out what makes these CEOs the highest earners and how their compensation reflects their invaluable contributions.

Table of Contents

1. Mukesh Ambani

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Mukesh Ambani, one of India’s most influential business leaders, heads Reliance Industries as its Chairman and Managing Director. Known for his visionary leadership and strategic investments, Ambani has transformed Reliance into a global powerhouse in energy, petrochemicals, telecommunications, and retail. Discover how Mukesh Ambani’s innovative initiatives and ambitious projects, like Jio, have revolutionized India’s digital landscape. Learn about his remarkable achievements, net worth, and the impact of his leadership on the Indian economy. Explore the journey of India’s wealthiest CEO and his contributions to industry and society.

ASPECT	DETAILS
Company	Reliance Industries
Position	Chairman & Managing Director
Salary	₹15 crore annually
Key Achievements	Expansion into Jio and retail
Industry	Conglomerate

2. Pawan Munjal

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Pawan Munjal, the Chairman and CEO of Hero MotoCorp, has been instrumental in transforming the company into the world’s largest two-wheeler manufacturer. Under his dynamic leadership, Hero MotoCorp has not only dominated the Indian market but also expanded its footprint globally. Discover how Pawan Munjal’s strategic vision, commitment to innovation, and focus on sustainable growth have driven the company’s success. Learn about his significant contributions to the automotive industry, his approach to leadership, and his impact on India’s economic landscape. Explore the achievements and legacy of one of India’s top CEOs and his role in shaping the future of mobility.

ASPECT	DETAILS
Company	Hero MotoCorp
Position	Chairman, MD & CEO
Salary	₹85 crore annually
Key Achievements	Global market leadership
Industry	Automobile

3. CP Gurnani

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CP Gurnani, the CEO and Managing Director of Tech Mahindra, is renowned for his exceptional leadership and transformative impact on the company. Under his stewardship, Tech Mahindra has seen substantial growth, expanding its services and strengthening its position in the global IT industry. Explore CP Gurnani’s strategic initiatives, his role in driving digital transformation, and his contributions to making Tech Mahindra a leader in innovation and technology solutions. Delve into his journey, leadership philosophy, and the accolades he has garnered for his efforts in enhancing the company’s global presence and performance. Learn about CP Gurnani’s vision for the future of technology and his influence on the IT sector in India and beyond

ASPECT	DETAILS
Company	Tech Mahindra
Position	CEO & Managing Director
Salary	₹146.19 crore annually
Key Achievements	Strategic acquisitions
Industry	IT Services

4. Salil Parekh

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Salil Parekh, the CEO and Managing Director of Infosys, has been instrumental in steering the company through a transformative phase marked by innovation and growth. Under his leadership, Infosys has strengthened its global footprint, delivering cutting-edge digital services and solutions to clients worldwide. Discover Salil Parekh’s strategic vision, his role in driving the company’s digital transformation agenda, and his commitment to fostering a culture of innovation and excellence. Explore his journey, leadership style, and the accolades he has received for his contributions to the IT industry. Learn how Salil Parekh is shaping the future of Infosys and his influence on the broader technology landscape in India and globally.

ASPECT	DETAILS
Company	Infosys
Position	CEO & Managing Director
Salary	₹35 crore annually
Key Achievements	Digital transformation
Industry	IT Services

5. S N Subrahmanyan

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S N Subrahmanyan, the CEO and Managing Director of Larsen & Toubro (L&T), is a visionary leader known for driving the company’s strategic growth and innovation. Under his stewardship, L&T has cemented its position as a global leader in engineering, construction, manufacturing, and technology services. Discover how S N Subrahmanyan’s leadership has propelled L&T to achieve significant milestones, his approach to integrating advanced technologies, and his focus on sustainable and inclusive development. Learn about his career trajectory, key achievements, and the awards he has garnered for his exceptional contributions to the industry. Explore S N Subrahmanyan’s influence in transforming L&T into a dynamic and future-ready organization, making a substantial impact on infrastructure development in India and worldwide.

ASPECT	DETAILS
Company	Larsen & Toubro
Position	CEO & Managing Director
Salary	₹48.45 crore annually
Key Achievements	Infrastructure projects
Industry	Engineering & Construction

6. Uday Kotak

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Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, is a prominent figure in the banking and financial services sector in India. Renowned for his strategic acumen and visionary leadership, Uday Kotak has transformed Kotak Mahindra Bank from a small finance firm into one of India’s leading private sector banks. Explore Uday Kotak’s journey, from founding the bank to navigating its growth through innovative financial solutions and customer-centric services. Discover his key achievements, contributions to the banking industry, and the numerous accolades he has received for his exceptional leadership and business acumen. Learn about Uday Kotak’s commitment to sustainable banking practices, financial inclusion, and his influence in shaping the future of the Indian financial landscape. Delve into the milestones of his career and understand how his visionary approach continues to drive Kotak Mahindra Bank towards new heights of success.

ASPECT	DETAILS
Company	Kotak Mahindra Bank
Position	Executive Vice Chairman & MD
Salary	₹27.5 crore annually
Key Achievements	Banking innovation
Industry	Banking

7. Sanjiv Mehta

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Sanjiv Mehta, the Chairman and Managing Director of Hindustan Unilever Limited (HUL), is a distinguished leader in the Indian corporate world. With a career spanning over three decades, Sanjiv Mehta has played a pivotal role in transforming HUL into one of India’s most successful and admired companies. Under his visionary leadership, HUL has achieved remarkable growth, driven by innovative strategies, sustainability initiatives, and a deep commitment to social responsibility. Discover Sanjiv Mehta’s journey from his early days at Unilever to leading HUL, his contributions to the FMCG sector, and his emphasis on creating value for all stakeholders. Learn about his accolades, strategic initiatives in digital transformation, and his focus on enhancing customer experiences. Explore how Sanjiv Mehta’s leadership style and forward-thinking approach have positioned HUL as a market leader, setting benchmarks in corporate governance and sustainable business practices. Delve into the milestones of his career and understand how his leadership continues to inspire and drive the organization towards greater heights.

ASPECT	DETAILS
Company	Hindustan Unilever
Position	Chairman & Managing Director
Salary	₹19.42 crore annually
Key Achievements	Market leadership
Industry	FMCG

8. Kalanithi Maran

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Kalanithi Maran, the Chairman and Managing Director of Sun Group, is a prominent figure in the Indian media and entertainment industry. Known for his entrepreneurial acumen, Kalanithi Maran has transformed Sun Group into one of the largest and most successful media conglomerates in India. Under his dynamic leadership, the group has expanded its footprint across television, radio, print, and film, with a strong presence in the southern states of India. Explore Kalanithi Maran’s journey from the inception of Sun TV Network to its evolution into a media powerhouse, his strategic vision in launching Sun Direct, one of the leading DTH service providers, and his ventures into the aviation sector with SpiceJet. Learn about his innovative approach to content creation, audience engagement, and market expansion. Delve into his contributions to the media landscape, his leadership style, and the accolades he has received for his business achievements. Discover how Kalanithi Maran’s relentless pursuit of excellence and growth has positioned Sun Group as a leader in the Indian media industry, setting new standards in entertainment and broadcasting.

ASPECT	DETAILS
Company	Sun Group
Position	Executive Chairman
Salary	₹87.50 crore annually
Key Achievements	Media and aviation growth
Industry	Media & Entertainment

9. Venu Srinivasan

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“Discover the legacy of Venu Srinivasan, a titan in India’s business landscape. As the Chairman of TVS Motor Company and Sundaram-Clayton Limited, Venu Srinivasan’s visionary leadership and strategic acumen have propelled these entities to the forefront of innovation and excellence in automotive and manufacturing sectors. Explore his profound impact on sustainable business practices, technological advancements, and corporate governance, shaping industries and inspiring future leaders across India.”

ASPECT	DETAILS
Company	TVS Motor Company
Position	Chairman
Salary	₹22.5 crore annually
Key Achievements	Product innovation
Industry	Automobile

10. Sunil Mittal

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Sunil Mittal, the Chairman and Managing Director of Bharti Enterprises, has been a pivotal force in the telecommunications industry through Bharti Airtel.

ASPECT	DETAILS
Company	Bharti Enterprises
Position	Chairman & Managing Director
Salary	₹30 crore annually
Key Achievements	Telecom expansion
Industry	Telecommunications

Frequently Asked Questions (FAQs) about Highest Paid CEOs in India

Q: What factors contribute to the high salaries of CEOs in India?
A: CEO salaries in India are influenced by factors such as the company’s size, industry, revenue, profitability, and the CEO’s experience, leadership qualities, and contributions to the company’s success. Compensation packages often include base salary, bonuses, stock options, and other incentives.

Q: How do CEO salaries in India compare to those in other countries?
A: CEO salaries in India are generally lower compared to those in developed countries like the USA or Europe. However, in the context of the Indian economy and cost of living, these salaries are substantial and reflect the critical role these executives play in their organizations.

Q: Are CEO salaries in India regulated?
A: While there are no strict regulations capping CEO salaries in India, companies are required to disclose executive compensation in their annual reports as per the Securities and Exchange Board of India (SEBI) guidelines. Shareholders also have a say in approving executive compensation packages.

Q: Do CEO salaries in India include performance-based incentives?
A: Yes, CEO compensation in India often includes performance-based incentives such as bonuses and stock options. These incentives are linked to the company’s performance metrics like revenue growth, profitability, and stock price appreciation.

Q: How can high CEO salaries impact a company’s performance?
A: High CEO salaries can attract and retain top talent, which can positively impact a company’s performance through effective leadership and strategic decision-making. However, excessive compensation without corresponding performance can lead to shareholder discontent and reputational issues.

Q: Are CEO salaries in India transparent to the public?
A: Yes, publicly listed companies in India are required to disclose the compensation of their top executives, including the CEO, in their annual reports. This ensures transparency and allows shareholders to make informed decisions.

Q: What role do board members play in determining CEO salaries?
A: The board of directors, specifically the compensation committee, plays a crucial role in determining CEO salaries. They evaluate the CEO’s performance, market benchmarks, and align compensation with the company’s strategic goals and shareholder interests.

India’s highest-paid CEOs are pivotal in driving the growth and success of their companies. Their leadership and vision have not only elevated their organizations but also contributed significantly to the broader economic landscape. As these executives continue to lead and innovate, they set benchmarks for corporate excellence and performance in India.

Who Are India’s Highest Paid CEOs? A Look at Top Executive Compensation

In the dynamic landscape of corporate India, executive compensation serves as a benchmark for success and leadership. Here, we delve into the profiles of India’s highest paid CEOs, exploring their salary packages, contributions, and the impact they have on their respective industries.

Highest Paid CEOs in India

1. Mukesh Ambani – Reliance Industries Limited

Salary Package: Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, is known for his substantial compensation, which includes salary, allowances, perquisites, and commission.
Impact and Contributions: Ambani has been instrumental in leading Reliance to diversify into digital services with Jio, making significant strides in telecom, retail, and energy sectors.

2. Pawan Munjal – Hero MotoCorp

Salary Package: Pawan Munjal, the Chairman and CEO of Hero MotoCorp, commands a substantial salary reflective of his leadership in the two-wheeler automotive sector.
Achievements: Under Munjal’s guidance, Hero MotoCorp has expanded its global footprint and maintained market leadership in India.

3. CP Gurnani – Tech Mahindra

Salary Package: CP Gurnani, the CEO and Managing Director of Tech Mahindra, earns a competitive compensation reflective of his leadership in the IT and technology services sector.
Leadership: Gurnani has been pivotal in Tech Mahindra’s growth, focusing on digital transformation and innovation.

CEO Salary Packages in India

How Much Do CEOs Get Paid in India?

CEO compensation in India varies widely based on company size, industry, and performance metrics.
Top CEOs like Mukesh Ambani and Pawan Munjal earn multimillion-dollar packages, including salary, bonuses, stock options, and other perks.

Top 10 CEOs in India by Compensation

Apart from Ambani, Munjal, and Gurnani, other top earning CEOs in India include leaders from sectors like finance, technology, and consumer goods.
Their salaries reflect their strategic vision, operational acumen, and ability to drive growth in competitive markets.

Insights into Startup CEOs

Highest Paid CEO of a Startup Company in India

While startup CEOs generally earn less than their corporate counterparts, some achieve notable compensation levels.
Details on the highest paid startup CEO highlight the growing recognition and financial rewards in the entrepreneurial ecosystem.

Sundar Pichai’s Salary

Sundar Pichai Salary Per Month

As CEO of Alphabet Inc. and its subsidiary Google LLC, Sundar Pichai’s compensation is publicly disclosed.
His salary in rupees reflects his pivotal role in leading one of the world’s most influential tech companies.

Industry Trends and Average CEO Salary

Average CEO Salary in India

The average CEO salary in India varies significantly across industries, with factors like company size, performance, and economic conditions influencing compensation.
Trends indicate a rising trajectory in CEO pay, reflecting competitive pressures and the need to attract top talent.

Top Earning CEOs in India

An overview of top earning CEOs showcases their leadership in driving innovation, market expansion, and shareholder value.
Their compensation packages underscore the strategic importance of effective leadership in corporate India.

India’s highest paid CEOs embody strategic leadership and vision, shaping the future of their companies and industries. Their compensation reflects not just their roles but also the economic impact and responsibility they bear. As executive pay continues to evolve, transparency and governance remain key pillars in ensuring alignment with corporate performance and stakeholder interests.