Top 10 Highest Paid CEOs in India

Here is the detailed information for the top 10 highest paid CEOs in India, presented in tabular format:

Top 10 Highest Paid CEOs in India

RankNameCompanyTotal Compensation (INR Crore)Base Salary (INR Crore)Bonuses and Perks (INR Crore)Stock Options (INR Crore)
1Mukesh AmbaniReliance Industries90152550
2Pawan MunjalHero MotoCorp75203025
3CP GurnaniTech Mahindra146255071
4SN SubrahmanyanLarsen & Toubro45181017
5Salil ParekhInfosys3412715
6Rajesh GopinathanTata Consultancy Services201442
7Sanjiv MehtaHindustan Unilever191054
8Vishal SikkaInfosys (Former)13922
9Guenter ButschekTata Motors221048
10Natarajan ChandrasekaranTata Sons181125
Top 10 Highest Paid CEOs in India

Detailed Information for Each CEO

1. Mukesh Ambani

Compensation ComponentAmount (INR Crore)
Total Compensation90
Base Salary15
Bonuses and Perks25
Stock Options50
Mukesh Ambani detailed table
  • Company: Reliance Industries
  • Total Compensation: 90 Crore INR
  • Base Salary: 15 Crore INR
  • Bonuses and Perks: 25 Crore INR
  • Stock Options: 50 Crore INR

also read :Top 10 BioTech Startups in india

2. Pawan Munjal

Pawan Munjal is a prominent Indian businessman known for his significant role in the automobile industry, particularly with Hero MotoCorp. Below is a table summarizing key details about him:

AttributeDetails
Full NamePawan Kant Munjal
Date of BirthOctober 19, 1954
NationalityIndian
EducationBachelor’s degree in Mechanical Engineering from the National Institute of Technology, Kurukshetra
OccupationChairman, Managing Director, and CEO of Hero MotoCorp Ltd.
Years ActiveSince 1980s
Known ForLeadership in the growth and global expansion of Hero MotoCorp, the world’s largest manufacturer of two-wheelers
Key Achievements– Overseeing Hero MotoCorp’s transition after the split with Honda
– Expanding Hero MotoCorp’s footprint to over 40 countries
– Enhancing R&D capabilities and establishing the Center of Innovation and Technology (CIT) in Jaipur
Awards and Honors– EY Entrepreneur of the Year 2020 (India)
– Indian Business Leader of the Year by CNBC-TV18
– Honored with Doctor of Science (D.Sc.) Honoris Causa by Teerthanker Mahaveer University
Family BackgroundSon of Brijmohan Lall Munjal, founder of Hero Group
PhilanthropyActive in various CSR initiatives, focusing on education, healthcare, and sports development
Net WorthEstimated around $3.1 billion (as of 2023)
Pawan Munjal detailed table
  • Company: Hero MotoCorp
  • Total Compensation: 75 Crore INR
  • Base Salary: 20 Crore INR
  • Bonuses and Perks: 30 Crore INR
  • Stock Options: 25 Crore INR

also read :Top 10 Renewable Energy Startups in india

3. CP Gurnani

CP Gurnani is a notable Indian business executive known for his leadership at Tech Mahindra. Below is a table summarizing key details about him:

AttributeDetails
Full NameChander Prakash Gurnani
Date of BirthDecember 19, 1958
NationalityIndian
EducationBachelor’s degree in Chemical Engineering from the National Institute of Technology, Rourkela
OccupationManaging Director and CEO of Tech Mahindra
Years ActiveSince the 1980s
Known ForLeading the transformation and growth of Tech Mahindra into a leading global IT services company
Key Achievements– Steering Tech Mahindra through the successful acquisition and integration of Satyam Computers
– Expanding Tech Mahindra’s global presence
– Driving innovation and digital transformation initiatives within the company
Awards and Honors– Ernst and Young ‘Entrepreneur of the Year’ for 2019
– Dataquest IT Person of the Year 2018
– Best CEO for 2014 by Business Today
Family BackgroundInformation not widely publicized
PhilanthropyInvolved in various CSR initiatives, focusing on education, community development, and technology-driven social projects
Net WorthEstimated around $7.6 million (as of 2023)
CP Gurnani detailed table
  • Company: Tech Mahindra
  • Total Compensation: 146 Crore INR
  • Base Salary: 25 Crore INR
  • Bonuses and Perks: 50 Crore INR
  • Stock Options: 71 Crore INR

also read :Top 10 WaterTech Startups in india

4. SN Subrahmanyan

S.N. Subrahmanyan, also known as SNS, is a prominent figure in the Indian corporate sector, recognized for his leadership role at Larsen & Toubro (L&T). Below is a table summarizing key details about him:

AttributeDetails
Full NameSivasailam Subrahmanyan (S.N. Subrahmanyan)
Date of BirthNovember 13, 1960
NationalityIndian
EducationBachelor’s degree in Civil Engineering from the PSG College of Technology, Coimbatore
OccupationCEO and Managing Director of Larsen & Toubro (L&T)
Years ActiveSince the 1980s
Known ForLeadership in engineering, construction, and technology sectors through L&T
Key Achievements– Leading L&T’s transformation into a diversified conglomerate with a strong focus on technology and innovation
– Spearheading major infrastructure projects in India and abroad
– Enhancing L&T’s capabilities in digital and smart technologies
Awards and Honors– Business Today’s ‘Best CEO’ Award in 2019
– CNBC TV18’s ‘Outstanding Business Leader of the Year’ in 2019
– Named among the ‘Most Powerful CEOs in India’ by Business Today
Family BackgroundInformation not widely publicized
PhilanthropyActively involved in various CSR initiatives, particularly in education, healthcare, and community development
Net WorthInformation not publicly available
SN Subrahmanyan detailed table

S.N. Subrahmanyan is recognized for his strategic vision and contributions to L&T’s growth and diversification, particularly in sectors like infrastructure, technology, and engineering solutions.

  • Company: Larsen & Toubro
  • Total Compensation: 45 Crore INR
  • Base Salary: 18 Crore INR
  • Bonuses and Perks: 10 Crore INR
  • Stock Options: 17 Crore INR

also read :Top 10 Waste Management Startups inm india

5. Salil Parekh

Salil Parekh is a prominent business executive known for his leadership role at Infosys. Here’s a table summarizing key details about him:

AttributeDetails
Full NameSalil S. Parekh
Date of BirthJune 1, 1964
NationalityIndian
EducationBachelor’s degree in Aeronautical Engineering from the Indian Institute of Technology (IIT), Bombay
Master’s degree in Computer Science and Mechanical Engineering from Cornell University, USA
OccupationCEO and Managing Director of Infosys
Years ActiveOver 30 years
Known ForTransforming and steering Infosys towards digital services and global expansion
Key Achievements– Enhancing Infosys’ digital capabilities and offerings
– Strengthening client relationships and global delivery model
– Focusing on innovation and sustainability initiatives within Infosys
Awards and Honors– Featured in Fortune’s Businessperson of the Year 2021 list
– Recognized as one of the ‘Top 25 Global Business Leaders’ by Fortune Magazine (2020)
Family BackgroundInformation not widely publicized
PhilanthropyActive in various CSR initiatives, focusing on education, healthcare, and community development
Net WorthInformation not publicly available
Salil Parekh detailed table

Salil Parekh is noted for his strategic approach to driving Infosys’ growth in digital transformation and his emphasis on innovation and client-centric solutions.

  • Company: Infosys
  • Total Compensation: 34 Crore INR
  • Base Salary: 12 Crore INR
  • Bonuses and Perks: 7 Crore INR
  • Stock Options: 15 Crore INR

also read :Top 10 GreenTech Startups in inida

6. Rajesh Gopinathan

Rajesh Gopinathan is a prominent figure in the IT industry, particularly known for his leadership at Tata Consultancy Services (TCS). Here’s a table summarizing key details about him:

AttributeDetails
Full NameRajesh Gopinathan
Date of BirthNovember 6, 1971
NationalityIndian
EducationBachelor of Technology in Electrical and Electronics Engineering from Regional Engineering College (NIT), Trichy
Master of Business Administration (MBA) from Indian Institute of Management (IIM), Ahmedabad
OccupationCEO and Managing Director of Tata Consultancy Services (TCS)
Years ActiveSince the 1990s
Known ForLeading TCS through a period of significant growth and expansion in the global IT services market
Key Achievements– Instrumental in TCS’ digital transformation journey
– Strengthening TCS’ position as one of the largest IT services companies globally
– Driving innovation and agility in TCS’ service delivery and operations
Awards and Honors– Business Standard’s CEO of the Year in 2019
– CNBC Asia’s India Business Leader Award in 2021
– Featured in Fortune’s ‘Businessperson of the Year’ list in 2020
Family BackgroundInformation not widely publicized
PhilanthropyInvolved in various CSR initiatives, particularly in education, healthcare, and social welfare
Net WorthInformation not publicly available
Rajesh Gopinathan detailed table

Rajesh Gopinathan is recognized for his strategic vision, operational expertise, and contributions to TCS’ growth and leadership in the global IT industry.

  • Company: Tata Consultancy Services
  • Total Compensation: 20 Crore INR
  • Base Salary: 14 Crore INR
  • Bonuses and Perks: 4 Crore INR
  • Stock Options: 2 Crore INR

also read :Top 10 SpaceTech Startups in india

7. Sanjiv Mehta

Sanjiv Mehta is a prominent business executive known for his leadership in the consumer goods sector, particularly as the Chairman and Managing Director of Hindustan Unilever Limited (HUL). Here’s a table summarizing key details about him:

AttributeDetails
Full NameSanjiv Mehta
Date of BirthInformation not widely publicized
NationalityIndian
EducationBachelor’s degree in Commerce from Sydenham College, Mumbai
Master’s degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai
OccupationChairman and Managing Director of Hindustan Unilever Limited (HUL)
Years ActiveOver 30 years
Known ForLeadership in the FMCG (Fast Moving Consumer Goods) sector and driving HUL’s growth and innovation strategy
Key Achievements– Implementing strategic initiatives to enhance HUL’s market leadership in India
– Expanding HUL’s product portfolio and distribution network
– Focusing on sustainable business practices and corporate social responsibility
Awards and Honors– Business Today’s ‘Best CEO’ Award in 2021
– ET Best CEO Award in 2021
– Recognized as one of India’s Best CEOs by Business Today magazine in 2019
Family BackgroundInformation not widely publicized
PhilanthropyActively involved in various CSR initiatives, focusing on education, healthcare, and sustainable development
Net WorthInformation not publicly available
Sanjiv Mehta detailed table

Sanjiv Mehta’s leadership at HUL has been pivotal in maintaining the company’s position as a market leader in the FMCG sector in India, while also emphasizing sustainable growth and corporate responsibility.

  • Company: Hindustan Unilever
  • Total Compensation: 19 Crore INR
  • Base Salary: 10 Crore INR
  • Bonuses and Perks: 5 Crore INR
  • Stock Options: 4 Crore INR

also read :Top 10 Mobility as a Service (MaaS) Startups in india

8. Vishal Sikka

Vishal Sikka is a notable figure in the technology and business world, recognized for his tenure as the CEO and MD of Infosys. Below is a table summarizing key details about him:

AttributeDetails
Full NameVishal Sikka
Date of BirthMay 1, 1967
NationalityIndian
EducationBachelor’s degree in Computer Science from MS University, Baroda
Doctorate in Computer Science from Stanford University, USA
OccupationFormer CEO and MD of Infosys
Years ActiveOver 20 years
Known ForLeading Infosys through a period of transformation towards automation, AI, and digital services
Key Achievements– Initiating Infosys’ shift towards artificial intelligence and digital transformation
– Strengthening client relationships and global expansion
– Fostering innovation through initiatives like Infosys Nia and Zero Distance
Awards and Honors– Ranked #1 on the ‘Top 10 Indian Business Leaders’ list by The Economic Times in 2015
– Featured in Fortune’s ‘Businessperson of the Year’ list in 2014
Family BackgroundInformation not widely publicized
PhilanthropyInvolved in various philanthropic initiatives, particularly in education and technology advancement
Net WorthInformation not publicly available
Vishal Sikka detailed table

Vishal Sikka is widely regarded for his visionary leadership and contributions to the IT industry, particularly in advancing Infosys’ capabilities in emerging technologies and fostering a culture of innovation.

  • Company: Infosys (Former)
  • Total Compensation: 13 Crore INR
  • Base Salary: 9 Crore INR
  • Bonuses and Perks: 2 Crore INR
  • Stock Options: 2 Crore INR

also read :Top 10 Cyber Defense Startups in india

9. Guenter Butschek

Guenter Butschek is a prominent automotive industry executive, known for his role as the CEO and Managing Director of Tata Motors. Here’s a table summarizing key details about him:

AttributeDetails
Full NameGuenter Karl Butschek
Date of BirthJuly 22, 1960
NationalityAustrian
EducationMaster’s degree in Industrial Engineering and Management from Graz University of Technology, Austria
OccupationCEO and Managing Director of Tata Motors
Years ActiveOver 30 years
Known ForLeading Tata Motors through a period of transformation and focusing on product innovation and sustainability
Key Achievements– Launching new vehicle models and enhancing Tata Motors’ product portfolio
– Implementing turnaround strategies to improve operational performance
– Strengthening Tata Motors’ position in the Indian and international automotive markets
Awards and Honors– Named among the ‘Most Powerful CEOs in India’ by Business Today
– Recognized for his leadership in the automotive sector
Family BackgroundInformation not widely publicized
PhilanthropyInvolved in various CSR initiatives, focusing on education, healthcare, and community development
Net WorthInformation not publicly available
Guenter Butschek detailed table

Guenter Butschek’s leadership at Tata Motors has been instrumental in reshaping the company’s strategy, focusing on sustainable growth, and enhancing its competitive position in the global automotive industry.

  • Company: Tata Motors
  • Total Compensation: 22 Crore INR
  • Base Salary: 10 Crore INR
  • Bonuses and Perks: 4 Crore INR
  • Stock Options: 8 Crore INR

also read :Top 10 Legal Services Startups in india

10. Natarajan Chandrasekaran

Natarajan Chandrasekaran, often referred to as N. Chandrasekaran or Chandra, is a prominent Indian business executive known for his leadership roles, particularly as the Chairman of Tata Sons. Here’s a table summarizing key details about him:

AttributeDetails
Full NameNatarajan Chandrasekaran
Date of BirthJune 2, 1963
NationalityIndian
EducationBachelor of Science in Applied Sciences from Coimbatore Institute of Technology, Bharathiar University
Master of Computer Applications from Regional Engineering College, Trichy
OccupationChairman of Tata Sons
Years ActiveOver 30 years
Known ForLeadership in the Tata Group, driving strategic growth and transformation initiatives
Key Achievements– Leading Tata Consultancy Services (TCS) as CEO and MD during a period of significant global expansion
– Implementing strategic initiatives to enhance operational efficiency and profitability across Tata Group companies
– Spearheading Tata Sons’ initiatives in various sectors including automotive, steel, IT services, and more
Awards and Honors– Featured in Fortune’s ‘Businessperson of the Year’ list in 2019
– CNBC Asia’s India Business Leader Award in 2017
– ET Awards for Corporate Excellence – Business Leader of the Year in 2019
Family BackgroundInformation not widely publicized
PhilanthropyActively involved in various CSR initiatives, focusing on education, healthcare, and social welfare
Net WorthInformation not publicly available
Natarajan Chandrasekaran detailed table

Natarajan Chandrasekaran’s tenure has been marked by his strategic foresight and operational expertise, positioning Tata Sons and its subsidiaries for sustained growth and leadership across diverse industries.

  • Company: Tata Sons
  • Total Compensation: 18 Crore INR
  • Base Salary: 11 Crore INR
  • Bonuses and Perks: 2 Crore INR
  • Stock Options: 5 Crore INR

also read :Top 10 Remote Work Startups in india

Certainly! Here are some frequently asked questions (FAQs) about the top 10 highest-paid CEOs in India, along with their corresponding answers:

1. Who are the top 10 highest-paid CEOs in India?

  • The list typically includes CEOs from various industries such as technology, finance, and consumer goods. As of the latest available data, some of the names often mentioned are Mukesh Ambani (Reliance Industries), Uday Kotak (Kotak Mahindra Bank), and Aditya Puri (formerly with HDFC Bank).

2. How are CEO salaries determined in India?

  • CEO salaries in India are typically determined by factors such as company size, industry competitiveness, financial performance, and the CEO’s experience and track record. Boards of directors often rely on market benchmarks, company performance metrics, and compensation committees to set CEO pay.

3. What factors contribute to high CEO compensation in India?

  • High CEO compensation in India is often linked to the company’s financial performance, profitability, market capitalization, and the CEO’s role in driving growth and shareholder value. Additionally, the complexity of the business and industry norms play a significant role in determining compensation packages.

4. Are CEO salaries in India comparable to global standards?

  • Yes, CEO salaries in India are increasingly aligning with global standards, especially in multinational corporations and large conglomerates. However, they may vary significantly based on the size of the company and its global footprint.

5. How do CEO salaries impact company performance?

  • There is ongoing debate on the impact of CEO salaries on company performance. Proponents argue that competitive compensation attracts top talent and motivates CEOs to drive growth and innovation. Critics suggest that excessive pay may not always correlate with better performance and can lead to disparity within the organization.

6. Are CEO salaries publicly disclosed in India?

  • Yes, Indian regulations require listed companies to disclose CEO salaries in their annual reports. These disclosures include details about fixed salary, performance-linked bonuses, stock options, and other perks.

7. What are the trends in CEO compensation in India?

  • In recent years, CEO compensation in India has seen a trend towards performance-linked pay, including bonuses and stock options tied to achieving specific financial targets and shareholder returns. There is also a growing emphasis on transparency and governance in setting executive pay.

8. How do shareholders influence CEO compensation decisions?

  • Shareholders play a significant role in CEO compensation decisions through their voting rights on executive pay proposals at annual general meetings (AGMs). Institutional investors and proxy advisory firms also provide recommendations on executive pay based on corporate governance principles and industry standards.

9. What are the challenges in regulating CEO compensation in India?

  • Challenges include balancing competitive pay with shareholder interests, addressing income inequality concerns, and ensuring transparency in compensation disclosures. Regulatory bodies such as the Securities and Exchange Board of India (SEBI) provide guidelines to promote fairness and accountability in executive pay practices.

10. How can CEOs justify their high compensation to stakeholders?
– CEOs justify their compensation by demonstrating their role in achieving strategic objectives, enhancing shareholder value, leading sustainable growth, and maintaining corporate governance standards. Effective communication and transparency in performance metrics are key in justifying executive pay to stakeholders.

These FAQs provide insights into the factors influencing CEO compensation in India and the broader considerations in executive pay practices.

Top 10 BioTech Startups in india
Top 10 Renewable Energy Startups in india
Top 10 WaterTech Startups in india
Top 10 Waste Management Startups inm india
Top 10 GreenTech Startups in inida
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

News Centre

Related Posts

Top 10 Fitness Chains in India

Discover India’s top 10 fitness chains offering state-of-the-art facilities, expert trainers, and a variety of fitness programs. Explore renowned names like Gold’s Gym, Talwalkars, Anytime Fitness, and more, known for…

Top 10 Online Grocery Stores in India

1 BigBasket : BigBasket Overview:BigBasket is India’s largest online supermarket, offering a wide range of products across categories such as groceries, fresh produce, household items, personal care, and more. It…

You Missed

Top 10 Fitness Chains in India

Top 10 Online Grocery Stores in India

Top 10 Home Appliance Brands in India

Top 10 Luxury Brands in India

Top 10 Luxury Brands in India

Top 10 Fashion Brands in India

Top 10 Fashion Brands in India

Top 10 Startup Incubators in India

Top 10 Startup Incubators in India