Executive Salaries in India Reach New Peaks in 2024

Executive compensation in India hit a new stride in 2024. Some of the most prominent leaders in the country’s corporate world received large-scale earnings that reflected their efforts in driving growth, improving company performance, and delivering value across their sectors. While the figures themselves are significant, they are best understood through the work, planning, and dedication that backed them. Here’s a breakdown of the top five highest-paid executives in India this year, with a deeper look at their roles and impact. Abhay Bhutada Sets a National Record in Executive Compensation Abhay Bhutada, CEO (former) of Poonawalla Fincorp, claimed the number one spot with a total salary of ₹241.21 crore in FY24. As a member of the Poonawalla Group, Bhutada’s contributions have played a key role in shaping the performance of the company he led. His financial results are not merely outcomes of status but of the strategic efforts put into turning operations around. His time as Managing ...