Top 10 Highest Paid CEOs in India

Top 10 Highest Paid CEOs in India’s corporate landscape is home to numerous highly compensated CEOs, who lead some of the country’s most influential companies. Their pay packages reflect not only their leadership roles but also the performance and profitability of their respective organizations. Here is a detailed look at the top 10 highest paid CEOs in India as of the latest available data.

1. Mukesh Ambani – Reliance Industries Limited

Mukesh Ambani – Reliance Industries Limited (RIL): Top 10 Highest Paid CEOs in India

Annual Compensation: ₹15 crore

Mukesh Ambani, chairman and managing director of Reliance Industries, is the highest paid CEO in India. Under his leadership, Reliance Industries has expanded its footprint into various sectors, including petrochemicals, refining, oil & gas exploration, retail, and telecommunications with Reliance Jio. His strategic vision and business acumen have been pivotal in transforming Reliance into a global powerhouse.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	150	50	200	25	425
2022	150	50	200	25	425

Mukesh Ambani – Reliance Industries Limited (RIL): Top 10 Highest Paid CEOs in India

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2. C.P. Gurnani – Tech Mahindra

C P Gurnani – Tech Mahindra: Top 10 Highest Paid CEOs in India

Annual Compensation: ₹146.19 crore

C.P. Gurnani, CEO and Managing Director of Tech Mahindra, is known for his remarkable contributions to the IT industry. He has been instrumental in the growth and diversification of Tech Mahindra, making it a leading provider of digital transformation, consulting, and business reengineering services.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	180	70	100	20	370
2022	180	70	100	20	370

C P Gurnani – Tech Mahindra: Top 10 Highest Paid CEOs in India

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3. Salil Parekh – Infosys

Salil Parekh – Infosys: Top 10 Highest Paid CEOs in India

Annual Compensation: ₹71.02 crore

Salil Parekh is the CEO and Managing Director of Infosys. With a background in engineering and business, Parekh has been steering Infosys through a period of significant transformation, focusing on digital services and maintaining the company’s leadership in the global IT services market.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	120	50	150	10	330
2022	120	50	150	10	330

Salil Parekh – Infosys: Top 10 Highest Paid CEOs in India

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4. S.N. Subrahmanyan – Larsen & Toubro (L&T)

Annual Compensation: ₹66.14 crore

S.N. Subrahmanyan, CEO and Managing Director of L&T, has played a crucial role in enhancing the company’s stature in engineering, construction, manufacturing, technology, and financial services. His leadership has been instrumental in executing large-scale infrastructure projects and expanding L&T’s global footprint.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	70	20	90	15	195
2022	65	19	85	14	183

4. S.N. Subrahmanyan – Larsen & Toubro (L&T) – Top 10 Highest Paid CEOs in India

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5. Kalanithi Maran – Sun Group

Kalanithi Maran – Sun TV Network: Top 10 Highest Paid CEOs in India

Annual Compensation: ₹87.5 crore

Kalanithi Maran is the Chairman and Managing Director of Sun Group, a conglomerate with interests in television, newspapers, weeklies, FM Radio stations, DTH services, and a movie production house. His leadership has seen the group grow exponentially, especially in the media and entertainment sectors.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	90	30	150	20	290
2022	90	30	150	20	290

Kalanithi Maran – Sun TV Network: Top 10 Highest Paid CEOs in India

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6. Pawan Munjal – Hero MotoCorp

Pawan Munjal – Hero MotoCorp: Top 10 Highest Paid CEOs in India

Annual Compensation: ₹85.59 crore

Pawan Munjal, Chairman and CEO of Hero MotoCorp, has been at the helm of the world’s largest two-wheeler manufacturing company. His strategic insights have enabled Hero MotoCorp to maintain its leadership position in the highly competitive automotive industry.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	160	60	110	15	345
2022	160	60	110	15	345

Pawan Munjal – Hero MotoCorp: Top 10 Highest Paid CEOs in India

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7. Kumar Mangalam Birla – Aditya Birla Group

**Kumar Mangalam Birla – Aditya Birla Group** Top 10 Highest Paid CEOs in India

Annual Compensation: ₹10.89 crore

Kumar Mangalam Birla, Chairman of the Aditya Birla Group, oversees a conglomerate with interests in metals, cement, textiles, carbon black, telecom, and financial services. His vision and leadership have propelled the group into becoming one of India’s largest and most diversified business houses.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	150	50	200	25	425
2022	150	50	200	25	425

Kumar Mangalam Birla – Aditya Birla Group Top 10 Highest Paid CEOs in India

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8. Naveen Jindal – Jindal Steel & Power Limited (JSPL)

**Naveen Jindal – Jindal Steel & Power Limited (JSPL)** Top 10 Highest Paid CEOs in India

Annual Compensation: ₹73.42 crore

Naveen Jindal, Chairman of JSPL, has been instrumental in transforming the company into a leading player in steel, power, mining, and infrastructure. His aggressive expansion and modernization strategies have significantly boosted the company’s growth.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	60	15	80	10	165
2022	55	14	75	9	153

8. Naveen Jindal – Jindal Steel & Power Limited (JSPL) Top 10 Highest Paid CEOs in India

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9. Sunil Mittal – Bharti Enterprises

**Sunil Mittal – Bharti Enterprises** – Top 10 Highest Paid CEOs in India

Annual Compensation: ₹30.19 crore

Sunil Mittal, Chairman and Group CEO of Bharti Enterprises, has been a pioneering force in the Indian telecom industry with Bharti Airtel, one of the largest telecom operators in India and the world. His entrepreneurial spirit has driven the company’s diversification into various sectors, including retail, financial services, and agriculture.

Year	Salary (in millions INR)	Allowances & Perks (in millions INR)	Commission (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	100	35	130	20	285
2022	100	35	130	20	285

Sunil Mittal – Bharti Enterprises – Top 10 Highest Paid CEOs in India

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10. Dilip Shanghvi – Sun Pharmaceuticals

**Dilip Shanghvi – Sun Pharmaceuticals** – Top 10 Highest Paid CEOs in India

Annual Compensation: ₹3.60 crore

Dilip Shanghvi, Managing Director of Sun Pharmaceuticals, has been a key figure in the pharmaceutical industry. Under his leadership, Sun Pharma has grown into India’s largest and the world’s fourth-largest specialty generic pharmaceutical company, known for its extensive product range and significant R&D investments.

Year	Salary (in millions INR)	Performance Bonus (in millions INR)	Stock Options (in millions INR)	Allowances & Perks (in millions INR)	Other Benefits (in millions INR)	Total Compensation (in millions INR)
2023	50	30	70	10	5	165
2022	48	28	68	10	5	159

Dilip Shanghvi – Sun Pharmaceuticals – Top 10 Highest Paid CEOs in India

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Conclusion

These CEOs are not only among the highest paid in India but also among the most influential leaders in their respective industries. Their compensation packages are a testament to their abilities to drive growth, manage complex operations, and deliver value to shareholders. As the Indian economy continues to evolve, these leaders will likely play crucial roles in shaping the future of business in the country.