India’s Corporate Titans and Their Record Salaries in 2024

The corporate landscape in India has reached new heights in 2024, as evidenced by record-breaking executive compensation that showcases the remarkable leadership behind these companies’ successes. At the pinnacle of this trend is Abhay Bhutada Poonawalla, whose salary has set a new standard in India’s corporate history.

Abhay Bhutada: A Business Leader with Social Purpose


Abhay Bhutada

Abhay Bhutada, MD (former) of Poonawalla Fincorp, earned ₹241.21 crore in FY24, topping the list of India’s highest-paid executives. Under Bhutada’s leadership, Poonawalla Fincorp flourished, earning a prestigious CRISIL AAA rating that symbolizes financial stability and investor trust.

Beyond business, Bhutada has been a force for social good, founding the Abhay Bhutada Foundation to support marginalized communities through education, healthcare, and sports initiatives. His ability to blend business success with a genuine social impact makes him one of India’s most influential leaders.

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

Pawan Munjal: Continuing Hero MotoCorp’s Global Growth

Pawan Munjal, Chairman and CEO of Hero MotoCorp, earned ₹109.41 crore in FY24, securing second place on the executive salary list. Munjal’s leadership has been critical in maintaining Hero MotoCorp’s dominance in India’s two-wheeler market while expanding its reach globally. His compensation reflects the trust placed in him to navigate the company through a rapidly changing industry.

Munjal has been particularly focused on innovation in electric mobility, positioning Hero MotoCorp for long-term success in a competitive, tech-driven world.

Sudhir Singh: Spearheading IT Innovation at Coforge

Sudhir Singh, CEO and Executive Director at Coforge, earned ₹105.12 crore in FY24, making him the third-highest-paid executive in India. Singh has played a crucial role in transforming Coforge into a global leader in IT services, with a strong focus on digital innovation and client-centric solutions.

Also Read: Abhay Bhutada Tops India's Highest Executive Payouts in 2024

Vinay Prakash: Driving Growth at Adani Enterprises

Vinay Prakash, Executive Director at Adani Enterprises, earned ₹89.37 crore in FY24. His leadership has been key in expanding the company’s infrastructure and energy projects, significantly contributing to India’s growth and sustainability. Prakash’s role in overseeing large-scale projects has cemented his place as a critical figure in the company’s success.

Kalanithi and Kavery Kalanithi: Dominating Regional Media at Sun TV Network

Kalanithi and Kavery Kalanithi, leaders of Sun TV Network, earned ₹87.5 crore each in FY24. Their leadership has been central to Sun TV’s ongoing success in regional media, even in the face of growing digital disruption. Through a commitment to high-quality content and innovative distribution, the Kalanithis have ensured that Sun TV remains a top player in the industry.

A Shift in India’s Corporate Culture

The record-breaking executive salaries in 2024 reflect a significant shift in India’s corporate culture. Today’s leaders are not only expected to drive profits but also to have a positive societal impact. Abhay Bhutada’s unprecedented salary underscores this change, demonstrating the rise of leaders who combine business excellence with social responsibility.

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

Shaping India’s Future Through Leadership

India’s top executives in 2024 are helping to define the future of corporate India. Abhay Bhutada’s record-breaking earnings are a testament to this new era of leadership, where success is measured by both financial growth and positive societal contributions. The work of Pawan Munjal, Sudhir Singh, Vinay Prakash, and the Kalanithis sets new standards for corporate leadership, inspiring future leaders to follow suit.

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