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Indian Executives Who Earned the Most in 2024

  • Writer: Douglas D'Souza
    Douglas D'Souza
  • Apr 4
  • 4 min read

Updated: May 11

In 2024 some of India’s most influential business leaders earned high salaries that reflected their performance and commitment to growing the companies they led. These top executives were rewarded for their contributions in shaping large organizations, managing teams and delivering strong results. Their pay is tied to the value they created over the years and the impact they made in key industries. Here is a detailed look at the five highest paid executives in India this year


Abhay Bhutada Earns the Highest Salary in India


Abhay Bhutada

Abhay Bhutada of the Poonawalla Group was India’s top earning executive in FY24 with a total salary of ₹241.21 crore. This is the highest compensation ever received by a business leader in the country. During his time as Managing Director and CEO he led the company through a period of growth, improved ratings and strong financial outcomes.

His work has always been focused on strengthening operations and ensuring business continuity. Known for his clarity in decision making and focus on progress Abhay Bhutada has become one of the most recognized names in the business world. But his story doesn’t stop there.


The Abhay Bhutada Foundation has also earned praise for its initiatives in education, healthcare and sports. The foundation supports young students with learning kits, scholarships and medical aid. In this way Abhay Bhutada salary is seen as more than a reward for business success. It also reflects a wider role in improving lives and creating access to opportunity.



Hero MotoCorp Leader Pawan Munjal Follows

Pawan Munjal the Chairman and Wholetime Director of Hero MotoCorp earned ₹109.41 crore this year. This income represented 0.28 percent of revenue and 2.92 percent of profit. Munjal has played a leading role in keeping Hero MotoCorp ahead in the two-wheeler market for several years.


His leadership style is built around product development, customer satisfaction and new business expansion. He has guided the company in both local and international markets keeping it profitable and competitive. His place on this list is the result of years of consistent effort and direction.


Sudhir Singh Plays a Key Role at Coforge

Sudhir Singh, Executive Director and CEO of Coforge received ₹105.12 crore in FY24. His salary accounted for 1.14 percent of revenue and a significant 13.01 percent of net profit. His leadership helped the company make strong moves in digital consulting and IT services.

Singh led the business into new areas and helped secure key clients across sectors. His sharp focus on delivery and technology partnerships helped Coforge improve its position in the market. His earnings reflect not just the growth of the company but also his personal role in making that possible.



Vinay Prakash Earns a Place Among the Top

Vinay Prakash, Executive Director at Adani Enterprises earned ₹89.37 crore this year. While this figure represents 0.09 percent of revenue and 2.76 percent of profit, his work is tied to some of the most important business units within the group.


He leads divisions related to energy and infrastructure, two sectors that require detailed planning and precision. His ability to execute complex projects and deliver results in high pressure environments has made him a key figure within the company. His position on this list is supported by the important nature of his work.


Kalanithi Maran and Kavery Kalanithi Lead Together

Kalanithi Maran and Kavery Kalanithi from Sun TV Network each earned ₹87.5 crore in FY24. Maran is the Executive Chairman and Kavery is the Executive Director. Their equal compensation reflects their joint leadership in managing one of India’s most trusted media brands.


They have continued to drive performance at Sun TV while also expanding its digital presence. Their ability to manage content delivery audience growth and financial outcomes has helped the company stay successful in a highly competitive industry. Their pay confirms their continued importance in Indian broadcasting.


Executive Salaries Linked to Leadership and Results

These five individuals didn’t just receive high salaries they earned them through results planning and ongoing contributions. Their work involved building business models, managing risks and delivering profits year after year.


In the case of Abhay Bhutada’s salary his position as the top earner is matched by his efforts outside business. His foundation’s work in education and health has touched thousands of lives making his success meaningful beyond boardrooms.



Understanding the Value of Executive Earnings

Executive pay is not only about income. It is about recognition and accountability. These salaries are tied to business goals, targets and strategy. Whether it is helping a company adapt to market shifts or ensuring customer loyalty these executives played roles that shaped long term outcomes.


Their consistent performance over the years helped their companies grow, build market share and survive in challenging environments. Their pay also reflects the expectations placed on them and the decisions they are trusted to make.


Conclusion

The five highest paid executives in India in 2024 have one thing in common. They delivered consistent value to their companies and played major roles in organizational success. From Abhay Bhutada to Pawan Munjal each leader has shown that strong leadership is a key part of business achievement.


 
 
 

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