In this blog, we will focus on three prominent industries in India: IT, Pharma, and FMCG (Fast Moving Consumer Goods). We will explore these industries and shed light on the highest-paid CEOs, offering a glimpse into their leadership, industry dynamics, and executive compensation. (Note: The remuneration figures are as on March 2023)
Let’s dive into each industry and discover the CEOs who command top salaries.
IT Industry
The Indian IT industry is one of the largest and most successful in the world. It employs about 4 million people and is thought to be valued over $200 billion.
Thierry Delaporte, the CEO of Wipro, and Salil Parekh, the CEO of Infosys, received the highest salaries in the Indian IT sector.
Pharmaceutical Industry
Another significant player in the international market is the Indian pharmaceutical sector. It employs more than 4 million people and is estimated to be valued over $40 billion.
The three CEOs in the pharmaceutical industry with the highest salaries are Kiran S. Divi, Nilima Motaparti, and Chava Satyanarayana.
FMCG Industry
The FMCG market in India is sizable and expanding. It employs more than 10 million people and is believed to be valued over $100 billion. Several big corporations, including Hindustan Unilever, ITC, and Dabur, dominate the sector.
The top three highest paid CEOs in the FMCG sector are P.D. Narang, Mohit Burman, and Wilhelmus Uijen.
Please keep in mind that executive compensation is a complicated topic, and that the numbers provided in this newsletter may change depending on a variety of circumstances, such as business performance, economic conditions, and legal requirements.
Understanding executive compensation promotes accountability and openness, which eventually strengthens and broadens the business environment.