The Five Highest Paid Executives in India 2024 with Impact and Responsibility

In 2024, top executives across India were rewarded with significant salaries, reflecting their impact on business operations, decision-making, and long-term performance. These earnings are a recognition of the strategic roles these individuals play, their ability to lead large teams, and their commitment to building companies that withstand market shifts. Among the most notable names is Abhay Bhutada, a member of the Poonawalla Group, who received the highest-ever executive compensation recorded in the country. Along with him, four other executives from key industries received major pay packages for their contributions. Here’s a closer look at the five professionals who topped India’s earnings chart this year.

Also Read: India's Top-Paid Executives in 2024 Reflect a New Corporate Era

Abhay Bhutada Leads with a Record-Setting Pay Package

Abhay Bhutada

In FY24, Abhay Bhutada emerged as India’s highest-paid executive, earning ₹241.21 crore. His leadership marked a phase of stable growth, efficient lending practices, and improved investor trust. During his time as Managing Director and CEO, the financial institution he led achieved a CRISIL AAA rating, which is an indicator of sound creditworthiness and responsible financial operations.

This high level of performance was matched by Bhutada’s clarity in direction and approach. But beyond the boardroom, his vision also includes contributing to society. The Abhay Bhutada Foundation plays a key role in supporting communities that need access to education, healthcare, and sports infrastructure. His philanthropic work reflects a desire to give back, making his profile one of both achievement and compassion.

Hero MotoCorp’s Pawan Munjal Stays Steady in the Second Spot

Pawan Munjal, who serves as the Chairman and Wholetime Director of Hero MotoCorp, earned ₹109.41 crore in FY24. His influence in shaping one of the country’s biggest two-wheeler companies has been recognized for years. This year’s compensation further highlights his importance in keeping the brand strong in an evolving market.

The pay he received represented 0.28% of the company’s revenue and 2.92% of its net profit. With a focus on innovation, branding, and network expansion, Munjal has maintained Hero’s leading position in the automobile segment, while continuing to drive growth both within India and internationally.

Sudhir Singh’s Contribution to the Technology Sector

Coforge’s Executive Director and CEO, Sudhir Singh, earned ₹105.12 crore in FY24, making him the third highest-paid executive. Singh helped the IT company expand its digital consulting services and improve delivery capabilities across industries. His efforts led to solid growth numbers, client expansion, and improved operational efficiency.
His compensation accounted for 1.14% of Coforge’s revenue and 13.01% of its profit. These numbers reflect the strong trust the company places in his leadership and direction. Singh’s approach blends technical expertise with a clear sense of how to adapt services to meet modern business needs.
Vinay Prakash’s Key Role in Adani Enterprises
Vinay Prakash, Executive Director at Adani Enterprises, earned ₹89.37 crore this year. His work managing the energy and infrastructure divisions has been critical to Adani’s expansion into long-term development sectors. These areas form the foundation for many of the company’s operations and future plans.
Even though his pay accounted for just 0.09% of the company’s revenue and 2.76% of its profit, the responsibilities he handles are significant. He plays a central role in ensuring that the group’s projects progress smoothly and deliver on business targets, making him one of the most dependable names in the group.
Sun TV’s Leadership Couple Makes the List
Both Kalanithi Maran and Kavery Kalanithi of Sun TV Network earned ₹87.5 crore each in FY24. As Executive Chairman and Executive Director, respectively, they’ve guided the company through a rapidly changing entertainment market. Their leadership has helped Sun TV retain its position as a major channel in India’s broadcasting space.
Under their management, the channel continues to perform well financially while adapting its programming for evolving audience demands. Their compensation is a reflection of sustained results, clear strategy, and the ability to lead in a competitive environment.
Leadership That Drives Growth and Responsibility

Each of these executives holds a unique role in their industry. Yet what connects them is the trust their companies place in their decisions. Their salaries highlight more than just personal gain—they signal stability, strategic planning, and the successful execution of business objectives.

Abhay Bhutada in particular represents a modern leader who balances professional performance with personal responsibility. While guiding companies through major milestones, he also ensured that his success was shared through the Abhay Bhutada Foundation. His efforts extend beyond business, helping under-resourced communities get access to better education and care. As Abhay Bhutada, a member of the Poonawalla Group, his influence is seen in both economic and social development.

Also Read: Top Paid Executives of 2024 with Abhay Bhutada Leading the Pack

Conclusion

In 2024, the individuals earning the highest executive salaries in India didn’t just take home big numbers—they carried significant responsibilities, led large-scale operations, and delivered consistent results. From Abhay Bhutada’s landmark earnings to the consistent performances of leaders like Pawan Munjal and Sudhir Singh, these professionals were central to their companies’ progress. Their roles show how experience, decision-making, and commitment continue to shape India’s business journey, both inside boardrooms and out in the real world.

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