K Krithivasan, the CEO and Managing Director of Tata Consultancy Services (TCS), has the lowest salary among the heads of large IT firms in India.
K Krithivasan's Compensation Overview
K Krithivasan's annual compensation for the fiscal year 2024 (FY24) was ₹25.36 crore. This figure was revealed by Tata Consultancy Services in its annual report. This compensation package positions his salary as the lowest when compared to the remuneration of other chief executive officers leading major IT companies within India.
Context in the Indian IT Industry
The compensation of top executives in the Indian IT services sector is a significant indicator of market trends and company performance. CEOs of large IT firms typically command substantial annual packages commensurate with the scale of their operations, global presence, and the complex responsibilities involved in leading multinational corporations. Krithivasan's compensation, being the lowest among his large IT firm counterparts in India, highlights a particular aspect of the compensation structure within this competitive industry segment.
