India’s Top-Paid Executives of 2024 Set New Benchmarks in Corporate Leadership

 India’s corporate world is undergoing a transformation where performance and leadership are being rewarded like never before. In 2024, several executives earned record-breaking salaries, underscoring their strategic direction and bold business moves. These individuals have not only led their companies to financial success but have also influenced the broader industry landscape. One name that leads the pack is Abhay Bhutada, whose exceptional contribution to business and society has earned him a place at the top.

Also Read: India's Top-Paid Executives in 2024 Reflect a New Corporate Era

Abhay Bhutada: Breaking Records with ₹241.21 Crore in FY24

Abhay Bhutada
Abhay Bhutada 

The top spot this year goes to Abhay Bhutada, who earned ₹241.21 crore in the financial year 2024. This figure is the highest ever recorded for an Indian executive. Known for his sharp business acumen and innovative approach, Abhay Bhutada CEO (former) of Poonawalla Fincorp has been instrumental in strengthening the financial framework of his organization. As a central figure in the Poonawalla Group and the former Managing Director of Poonawalla Fincorp, his leadership resulted in the company receiving a prestigious CRISIL AAA rating.

What sets Abhay Bhutada apart is not just his corporate success but also his deep commitment to community upliftment. Through the Abhay Bhutada Foundation, he continues to support initiatives in education, healthcare, and sports for underprivileged sections of society. His philanthropic vision complements his executive achievements, creating a well-rounded impact on business and society.

Also Read: Abhay Bhutada Tops India's Highest Executive Payouts in 2024

Pawan Munjal Maintains Momentum with ₹109.41 Crore

Following close behind is Pawan Munjal of Hero MotoCorp, who earned ₹109.41 crore in FY24. Under his dynamic leadership, Hero MotoCorp continues to lead the Indian two-wheeler market and has also expanded its presence internationally. His compensation package, amounting to 0.28% of company revenue and 2.92% of net profits, reflects his valuable contribution to maintaining the brand’s dominant position in a competitive landscape.


While Pawan Munjal’s numbers are impressive, the scale of Abhay Bhutada’s earnings shows a significant shift in how top-tier performance is being rewarded across industries.

Also Read: Top Paid Executives of 2024 with Abhay Bhutada Leading the Pack

Sudhir Singh Pushes Innovation with ₹105.12 Crore

Next in line is Sudhir Singh, CEO and Executive Director of Coforge, who earned ₹105.12 crore in FY24. His success is rooted in expertise in IT consulting and digital transformation, areas that have become critical in the post-pandemic world. With his salary amounting to 1.14% of revenue and a striking 13.01% of the company’s net profit, his value to the organization is undeniable.

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