Top 10 Highest-Paid Indian CEOs – All You Need to Know
In the world of corporate leadership, India boasts a league of extraordinary CEOs who steer some of the nation’s most influential companies to new heights. These visionaries not only shape the course of their organizations but also command substantial pay packages. In 2023, the landscape of India’s highest-paid CEOs is marked by a diverse mix of talent from various sectors, from technology to consumer goods. Let’s delve into the list of the top 10 highest-paid Indian CEOs for this year.
Top 10 Highest-Paid Indian CEOs
C Vijayakumar
C Vijayakumar, the CEO and Managing Director of HCL Technologies Ltd has earned his place as the highest-paid Indian CEO, particularly in the IT industry. With a Bachelor’s Degree in Electrical and Electronics Engineering, Vijayakumar joined HCL in 1994 and assumed the CEO role in 2016. In FY22, he took home an impressive $16.52 million (approximately ₹131.08 crores).
Thierry Delaporte
Thierry Delaporte, the CEO and Managing Director of Wipro Limited holds a significant position in India’s tech landscape. With a background in economics and finance, he assumed the CEO role in July 2020. Delaporte’s earnings surged to ₹82.2 crores in FY23, showcasing his remarkable leadership.
C P Gurnani
CP Gurnani, the CEO of Tech Mahindra, played a pivotal role in the merger of Mahindra Satyam with Tech Mahindra. With a background in chemical engineering, he has left an indelible mark in the IT industry. In FY22, Gurnani’s compensation surged to ₹63.4 crores. He is one of the top 10 highest-paid Indian CEOs.
S N Subrahmanyan
S.N. Subrahmanyan, the CEO and MD at Larsen & Toubro (L&T), leads a multinational conglomerate specializing in various sectors. With a degree in civil engineering and business management, Subrahmanyan’s leadership fetched him a substantial salary of ₹61.27 crores in FY22.
Salil Parekh
Salil Parekh, the CEO and MD of Infosys is renowned for his IT leadership. His salary in FY23 amounted to ₹56.45 crores, marking a slight decrease from the previous year.
Rajiv Bajaj
Rajiv Bajaj, the CEO and Managing Director of Bajaj Auto revolutionized the Indian motorcycle manufacturing industry. With his innovative approach, he has successfully led the company. In 2020, his salary was reported to be ₹39.86 crores. He is among the top 10 highest-paid Indian CEOs.
Saugata Gupta
Saugata Gupta, the CEO and Managing Director of Marico Limited played a crucial role in the company’s growth in India and internationally. His salary saw remarkable growth, reaching ₹36.1 crores in FY22.
T. V. Narendran
T. V. Narendran, the CEO and MD of Tata Steel Limited, leads one of the world’s largest steel producers. With a degree in Mechanical Engineering and an MBA, his FY22 salary reflected substantial growth, reaching ₹19.5 crores. He is among the top 10 highest-paid Indian CEOs.
Gopal Vittal
Gopal Vittal, the CEO and MD of Bharti Airtel Limited, is known for his leadership in the telecommunications sector. In FY22, his salary increased to ₹15.25 crores.
Mukesh Ambani
Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, is a prominent figure in India’s corporate landscape. Despite his vast wealth, Ambani voluntarily limited his annual pay to ₹15 crores since 2008-2009, exemplifying moderation in executive compensation. He is among the Asia’s Richest individuals as well as one of the top 10 highest-paid Indian CEOs.
