Leaders are extremely crucial in every business because they have to deal with all of the annoyances that come with being a public figure and a face for the company. They occasionally manage to inspire millions of people all around the world.
However, we are always curious as to how essential they are to their businesses and how much companies are ready to pay them. However, it is unsurprising that India’s highest paid CEOs salaries for leading enormous corporations. Almost all of them make a lot more money than the average employee.
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Here are the massive salary packages of some of India’s top executives:
1. Mukesh Ambani – CEO of Reliance Industries
Reliance Industries is owned by Mukesh Ambani, who has a 44.7 % stake in the firm. According to sources, his salary amounts to about ₹15 crores every year.
2. Chander Prakash Gurnani – CEO of Tech Mahindra
CP Gurnani, the CEO and Managing Director of Tech Mahindra, is one of India’s highest-paid CEOs. He got ₹28.57 crores in the fiscal year 2020 as an official salary, according to reports. But according to some other estimates, he earned ₹146.19 crores in the fiscal year 2018.
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3. Pawan Munjal – CEO of Hero Motocorp
Hero Motocorp’s Chairman, Managing Director, and CEO is Pawan Munjal. According to estimates, he received a salary of ₹85.59 crores in the fiscal year 2020, making him one of India’s highest-paid CEOs.
4. SN Subrahmanyan – CEO of Larsen & Toubro
According to sources, Sekharipuram Narayanan Subrahmanyan, the CEO and Managing Director of Larsen & Toubro were paid roughly ₹48.45 crores in 2019. He has 33 years of experience with the firm and was named CEO in 2017.
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5. Salil Parekh – CEO of Infosys
Salil Parekh is the CEO and Managing Director of Infosys, and according to sources, his annual salary package increased to 49.68 crores in 2020-21. In 2018, he took over the firm.
6. Rajiv Bajaj – CEO of Bajaj Auto
According to sources, Rajiv Bajaj, the CEO and MD of Bajaj Auto received an annual remuneration of ₹39.86 crores in the fiscal year 2020. Since 2005, he has served as the company’s managing director. He was the one who brought the Pulsar motorbikes to India, in case you didn’t know.
7. Sunil Mittal – CEO of Bharti Enterprises
Bharti Enterprises was founded by Sunil Mittal, who also serves as its chairman. And, according to sources, he received a salary of ₹30.1 crores in the fiscal year 2020. Bharti Enterprises, his firm, now has extensive holdings in telecommunications, insurance, real estate, education, malls, hotels, agriculture, and food, among other sectors.
8. Guenter Butschek – CEO of Tata Motors
Tata Motors CEO and Managing Director is Guenter Butschek. According to sources, he was paid a total of ₹26.29 crores in 2019. Before becoming the CEO of Tata Motors, Butschek served as the COO of Airbus for 4 years. As the Director, Chief Executive Officer, and Managing Director of Tata Motors, he reportedly earned around ₹19,27,78,000 in 2020.
9. Vishal Sikka – CEO of Vianai
Vishal Sikka is the founder and CEO of Vianai, a business located in the San Francisco Bay Area that supplies huge enterprises across the world with advanced technical tools and services in Artificial Intelligence and Machine Learning. He was previously the CEO of Infosys. According to sources, Sikka got a total of ₹13 crores in the fiscal year 2018 as his official salary. In 2017, he earned ₹49 crores as the former CEO of Infosys.
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10. Rajesh Gopinathan – CEO of Tata Consultancy
Rajesh Gopinathan, the CEO of Tata Consultancy Services, saw his yearly salary rise to ₹20 crores in the fiscal year 2020-21. In comparison to the previous year, his yearly salary grew by 52%.
Also read: 10 Highest Paid CEOs In The World And The Amount They Earn Every Year
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