CEO paychecks are reaching millions, not just globally but in India as well, highlighting just how much value strong leadership holds. Here’s a quick look at the highest-paid CEOs in India and who is leading the pack on the world stage.
Elon Musk | Tesla
The world’s top billionaire, Elon Musk is also the highest-paid CEO globally. Earning an eye-popping $29 billion pay cheque, Musk has set the standard quite high. Musk's pay package largely tied to stocks, is an interesting benchmark to compare how India’s top executives are faring in their leadership roles.
Sandeep Kalra | Persistent Systems
In India, Sandeep Kalra holds the top position when it comes to top top-paid CEOs. Kalra leads Persistent Systems with a hefty ₹148.09 crore salary. It’s under his leadership that the company recently surpassed the milestone of $1 billion dollar revenue, leading to a stock surge of 75% and this shot up his pay as well. It really shows how leadership tied to business growth and market confidence translates into hefty rewards.
Dr. Pawan Munjal | Hero MotoCorp.
Next up in the automotive world is Dr. Pawan Munjal of Hero MotoCorp. His pay has remained steady at ₹109.41 crore, but that’s no small feat considering Hero’s status as the world’s largest two-wheeler manufacturer.
Rajeev Jain | Bajaj Finance
Bajaj Finance’s CEO, Rajeev Jain’s pay cheque hit the ₹100 crore mark with a pay package of ₹102 crore. And this is not the first but the second time that his salary has been in the ₹100 crore club. Jain’s strategic prowess and experience have been greatly recognized in the sector and clearly, rewarded as well.
C Vijayakumar | HCL Tech
C Vijayakumar from HCLTech is next on the list. Earning ₹94.6 crore, he’s the highest-paid IT CEO in India after Kalra. HCL’s solid digital transformation efforts and stock performance have boosted Vijayakumar’s pay, placing him ahead of top bosses at TCS and Infosys.
Murali K Divi | Divi’s Laboratories
Divi’s Laboratories' Murali K Divi, too, makes it to the top 5 highest-paid CEOs of India with his big fat pay cheque of ₹88.15 crore. His legendary leadership in the pharma sector has the companies reaching new heights, and his salary soaring 37%.
