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India's Top Earning Executives and Their Pioneering Leadership

  • Writer: Gita Kapoor
    Gita Kapoor
  • Apr 7
  • 3 min read

Updated: May 11

The year 2024 has seen India's corporate leaders earning record-breaking salaries, reflecting the transformative leadership behind their companies’ success. At the pinnacle of this trend is Abhay Bhutada whose salary has set a new benchmark in the country, claiming the top position among the highest-paid executives.


Abhay Bhutada: A Visionary Leader with a Heart for Social Impact


Abhay Bhutada
Abhay Bhutada - Founder of the Abhay Bhutada Group

Abhay Bhutada, MD (former) of Poonawalla Fincorp, earned a massive ₹241.21 crore in FY24, topping the executive pay charts. This achievement marks a historic moment in India's business history. Under his leadership, the company has flourished, earning a prestigious CRISIL AAA rating, a mark of stability and trust in the financial sector.


However, Bhutada’s influence extends far beyond the corporate world. He established the Abhay Bhutada Foundation, focusing on supporting marginalized communities with initiatives in education, healthcare, and sports. His ability to merge business acumen with social responsibility sets him apart as one of India’s most prominent corporate figures.



Pawan Munjal: Hero MotoCorp’s Steady Leadership

Pawan Munjal, Chairman and CEO of Hero MotoCorp, earned ₹109.41 crore in FY24, securing the second spot in the rankings. Under Munjal’s leadership, Hero MotoCorp has maintained its dominant position in India’s two-wheeler market and has successfully expanded its presence internationally. His compensation reflects the trust Hero MotoCorp has placed in his ability to navigate the company through industry challenges and changing trends.


Munjal has been particularly focused on innovation, especially in electric mobility, ensuring that Hero MotoCorp remains competitive on the global stage.


Sudhir Singh: Transforming Coforge into a Global IT Leader

Coforge’s CEO and Executive Director, Sudhir Singh, earned ₹105.12 crore in FY24, placing him third among India’s top-paid executives. Singh has been at the helm of Coforge’s transformation into a global IT services powerhouse, emphasizing digital innovation and customer-centric solutions. His leadership has been crucial in maintaining Coforge’s competitive edge in the fast-evolving tech landscape, which has fueled the company’s profitability.



Vinay Prakash: Pioneering Infrastructure Growth at Adani Enterprises

Vinay Prakash, Executive Director at Adani Enterprises, earned ₹89.37 crore in FY24. Prakash has played a vital role in expanding Adani Enterprises’ infrastructure and energy initiatives, contributing significantly to India's growth and sustainability efforts. His leadership ensures the company's projects align with long-term sustainable goals while continuing to drive growth.


Kalanithi and Kavery Kalanithi: Steering Sun TV Network Through Digital Change

Kalanithi and Kavery Kalanithi, key figures behind Sun TV Network, earned ₹87.5 crore each in FY24. Their leadership has been instrumental in keeping Sun TV Network at the forefront of regional media, even as digital platforms disrupt traditional media industries. The Kalanithis have focused on delivering top-tier content and creative distribution strategies, solidifying Sun TV’s market dominance.


A New Era of Corporate Leadership in India

The record salaries in 2024 signify a shift in India's corporate culture, where leadership is judged not only on financial performance but also on social responsibility. Abhay Bhutada’s unprecedented earnings symbolize this change, marking the rise of leaders who combine business excellence with meaningful social contributions.



Shaping India’s Corporate Landscape

The top executives in India in 2024 are not just steering their companies to success but are actively shaping the future of corporate India. Abhay Bhutada’s rise to the top is a prime example of this new leadership model, where success is measured not just by profits but also by lasting social impact. Pawan Munjal, Sudhir Singh, Vinay Prakash, and the Kalanithis continue to set the stage for a thriving, responsible corporate future.

 
 
 

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