Guess what pops up when you say ‘Tata‘? A huge, top-drawer company, right? It’s everywhere – in the car business, in tech, you name it. But – surprise, surprise – it’s not a headless giant. Real people drive it, shaping it into the success it is. They’re the head honchos of various Tata units. And boy, do they have influence! Plus, they get fat checks for their efforts and know-how. Let’s get into the nitty-gritty. Have you ever wondered what these big shot Tata Group CEO salary? We’re diving into their pay packets for 2024 (FY24). We’ll see who’s raking in the big bucks in one of India’s leading business empires.
The Tata Group CEO salary is a massive umbrella of many businesses in diverse fields. Each business gets led by a CEO; they handle performance, expansion, and planning. These CEOs act as heralds, keeping the Tata name high in its sector. As you would expect, they get a hefty pay for their work.
| Company | CEO | Salary (in Crores) |
|---|---|---|
| TCS (Tata Consultancy Services) | K Krithivasan | ₹25 Crore |
| IHCL (Indian Hotels Company Limited) | Puneet Chhatwal | ₹19 Crore |
| Tata Steel | TV Narendran | ₹17 Crore |
| Titan Company | CK Venkataraman | ₹13 Crore |
| Tata Consumer Products | Sunil D’Souza | ₹10 Crore |
| Tata Power | Praveer Sinha | ₹10 Crore |
| Tata Technologies | Warren Harris | ₹9 Crore |
| Tata Chemicals | R Mukundan | ₹8 Crore |
| Trent | P Venkatesalu | ₹7 Crore |
| Tata Investment Corporation | Amit Nalinkant Dalal | ₹6 Crore |
Breaking Down the Numbers
At the top of the list is K Krithivasan, the CEO of Tata Consultancy Services (TCS), who earns a whopping ₹25 crore annually. TCS is one of the most profitable companies in the Tata Group, specializing in IT services, and Krithivasan’s salary reflects the significant responsibilities he shoulders.
Next is Puneet Chhatwal, CEO of Indian Hotels Company Limited (IHCL), with a salary of ₹19 crore. IHCL, known for the Taj brand of hotels, is a leader in the hospitality industry, and Chhatwal’s earnings highlight the importance of this sector to Tata.
TV Narendran, the CEO of Tata Steel, earns ₹17 crore. Tata Steel is one of the oldest and most significant companies within the group, playing a pivotal role in the global steel market. Narendran’s compensation reflects the critical role he plays in maintaining Tata Steel’s position as a global steel leader.
On the other hand, CEOs of companies like Tata Power and Tata Consumer Products, such as Praveer Sinha and Sunil D’Souza, each earn ₹10 crore. These companies are key players in their respective fields, with Tata Power focusing on energy solutions and Tata Consumer Products on food and beverages.
At the lower end of the scale, Amit Nalinkant Dalal, CEO of Tata Investment Corporation, earns ₹6 crore, reflecting the size and scope of his responsibilities compared to some of the other Tata Group CEOs.
Conclusion
The heads of the Tata Group are some of India’s top-earning bosses. Their high pay comes with large responsibilities. As leaders of crucial firms, they spawn ingenuity and secure profit in an intense world market. Their substantial salaries represent the hefty tasks they shoulder to keep one of India’s paramount business houses thriving.