The Biggest Names in Indian Business: 2024’s Top Earning Executives

The year 2024 has seen some remarkable paydays for top executives in India. These leaders, hailing from diverse industries like tech, media, and manufacturing, have earned impressive salaries that reflect their immense contribution to their organizations’ success. Their compensation is not just a reward for past achievements but a signal of the ongoing growth of their companies under their leadership.

Abhay Bhutada: Leading with Purpose at the Abhay Bhutada Foundation

Abhay Bhutada, founder and chairman of the Abhay Bhutada Foundation, earned Rs 241.21 crore in 2024. While Bhutada was once affiliated with Poonawalla Fincorp, it’s important to note that he is no longer associated with the company. As the head of his foundation, which is dedicated to social causes, Bhutada’s leadership transcends business and extends into philanthropy. His salary represents 7.66% of the foundation's revenue and 14.33% of its net profit, underlining his significant role in driving its mission.

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Sudhir Singh: Driving Coforge’s International Expansion

Coforge’s CEO, Sudhir Singh, earned Rs 105.12 crore in 2024. Singh’s salary, which is 1.14% of the company’s revenue and 13.01% of its net profit, reflects his impactful leadership. He has been instrumental in Coforge’s growth, helping the company establish itself as a major player in global IT consulting. Singh’s efforts have contributed significantly to Coforge’s rising prominence in the international market.

Vinay Prakash: Shaping Adani Enterprises’ Strategic Direction

Vinay Prakash, executive director at Adani Enterprises, earned Rs 89.37 crore in 2024. While his compensation represents a small percentage of the company’s revenue (0.09%) and net profit (2.76%), Prakash’s leadership has been crucial in driving the success of Adani Enterprises across its diverse portfolio, including energy, infrastructure, and logistics. His strategic oversight has helped Adani achieve continued growth in these sectors.

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Naveen Jindal: Steering Jindal Steel to Global Success

Naveen Jindal, executive chairman of Jindal Steel & Power, earned Rs 84.995 crore in 2024. Jindal’s strategic leadership has helped make Jindal Steel one of India’s largest steel producers. His focus on innovation and modernizing operations has kept the company competitive in the global steel market, contributing to its impressive growth and continued success.

Arnob Roy: Maximizing Profits at Tejas Networks

Arnob Roy, whole-time director and COO of Tejas Networks, received Rs 76.82 crore in 2024. His salary represents 3.03% of the company’s revenue and an extraordinary 121.98% of its net profit, reflecting his significant role in driving Tejas Networks’ financial performance. Under Roy’s leadership, the company has gained recognition as a leading player in the telecom sector.

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Sajjan Jindal: Growing JSW Steel into an Industry Giant

Sajjan Jindal, chairman and managing director of JSW Steel, earned Rs 73.39 crore in 2024. Though his compensation is a small percentage of the company’s revenue (0.04%) and net profit (0.83%), Jindal’s leadership has been crucial in transforming JSW Steel into one of India’s largest steel producers. His strategic initiatives and focus on sustainable practices have been key to the company’s growth.

Salil S. Parekh: Continuing Infosys’ Growth Under Expert Leadership

Salil S. Parekh, managing director and CEO of Infosys, earned Rs 66.25 crore in 2024. Parekh’s leadership has been instrumental in maintaining Infosys’ status as one of India’s premier IT consulting firms. Despite his salary being a small fraction of the company’s revenue (0.04%) and net profit (0.25%), his direction has ensured the company’s consistent growth and success in the competitive IT space.

Conclusion

These top executives are more than just corporate leaders—they are visionaries whose efforts have driven their companies to remarkable heights. Their impressive remuneration packages are a reflection of the value they bring to their organizations, both in terms of innovation and growth. As India’s business landscape continues to evolve, the leadership and foresight of these individuals will undoubtedly play a key role in shaping the future of their respective industries.