Top 10 Highest-Paid Employees in India for 2023 and 2024 India's Richest CEOs and Founders: The Highest Paid Executives Top-Paid Business Leaders in India: CEOs Making Millions Meet the Top 10 Earners in India’s Corporate World The Highest-Paid Professionals in India: Leading CEOs and MDs
Top 10 Highest-Paid Employees in India for 2023 and 2024
India's corporate world is home to some of the highest-paid professionals, whose leadership and hard work have helped drive major companies to new heights. Here’s a look at the top 10 highest-paid employees in India as of 2023 and 2024:
1. C. P. Gurnani – CEO & MD of Tech Mahindra
C. P. Gurnani, popularly known as Mr. C. P, has been the CEO and Managing Director of Tech Mahindra for over 32 years. Under his leadership, Tech Mahindra grew from the foundations of Mahindra Satyam. He earns an impressive annual salary of Rs. 165.6 Crores, making him one of the highest-paid executives in India.
2. Pawan Munjal – CMD & CEO of Hero MotoCorp
Pawan Munjal, the CEO and Chairman of Hero MotoCorp, leads one of India’s top motorcycle manufacturing companies. He has played a key role in establishing Hero MotoCorp as a market leader in the two-wheeler industry. His annual earnings are Rs. 43.9 Crores.
3. D. B. Gupta – CEO of Lupin Pharmaceuticals
D. B. Gupta, who transitioned from being a chemistry professor to the CEO of Lupin Pharmaceuticals, has led the company to become one of India’s top generic drug producers. With revenue exceeding one billion dollars from global markets, Gupta earns Rs. 37.6 Crores annually.
4. Aditya Puri – Managing Director of HDFC Bank
Aditya Puri, known as the "father" of HDFC Bank, has been instrumental in the bank's success. Under his leadership, HDFC Bank has emerged as one of India’s leading financial institutions. Puri's yearly salary stands at Rs. 32.8 Crores.
5. Sunil Mittal – Chairman of Bharti Airtel
Sunil Mittal, the chairman of Bharti Airtel, has made significant contributions to the telecommunications industry, building Airtel into India’s third-largest telecom provider. He is also known for his philanthropic efforts. His annual compensation is Rs. 27.2 Crores.
6. N. Chandrasekaran – CEO of Tata Group
As the CEO of Tata Group, N. Chandrasekaran has overseen significant growth and expansion of the conglomerate. Under his leadership, Tata has seen profits rise to $16.5 billion. His annual salary is Rs. 21.3 Crores.
7. Rajiv Bajaj – MD of Bajaj Auto
Rajiv Bajaj, the Managing Director of Bajaj Auto, has been the driving force behind the company's growth, helping Bajaj Auto become the second-largest two-wheeler manufacturer in India. He earns Rs. 20.5 Crores annually.
8. K. M. Birla – Chairman of Aditya Birla Group
K. M. Birla, the non-executive chairman of Aditya Birla Group, has been at the helm of one of India’s largest business conglomerates. Under his leadership, the group grew from a $2 billion company to $41 billion. His annual earnings are Rs. 18 Crores.
9. Y. C. Deveshwar – Chairman of ITC Ltd.
Y. C. Deveshwar, the former chairman of ITC Ltd., has played a pivotal role in shaping the company’s strategy, particularly in its diversification into FMCG and hospitality. He earned Rs. 15.3 Crores annually during his tenure.
10. Navin Agarwal – Chairman of Vedanta Resources
Navin Agarwal, the chairman of Vedanta Resources, has led the company for over 25 years, steering its growth in the natural resources sector. He earns Rs. 5.1 Crores annually.
These executives have earned their place among India’s highest-paid individuals through years of hard work, dedication, and leadership in their respective industries. Their salaries reflect their success in driving growth and profitability for some of India’s most influential companies.
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