Category: Media and Advertising

  • Tiger Balm roars for the ‘Keepers of the Wild’

    Tiger Balm roars for the ‘Keepers of the Wild’

    MUMBAI : This International Tigers Day, Tiger Balm, usually known for soothing aches, is setting its sights on a different kind of relief: giving India’s forest guards the recognition they sorely deserve. Ad agency BC Web Wise has launched a stirring new campaign, “Keepers of the Wild,” that’s purr-fectly pitched to honour these unsung heroes of conservation.

    Crafted entirely by BCWW, the campaign features two evocative line-art films. Narrated from the tiger’s perspective, these aren’t about romanticising the jungle, but about giving a nod to the humans who make the big cats’ survival possible. Alongside supporting social content, the films offer a rare glimpse into a truly wild relationship, one built on mutual respect, care, and staunch protection.

    BC Web Wise creative director Sonali Banerji shared, “We wanted to create something that didn’t just talk at the audience, but made them feel — feel the weight of the silence, the solitude, the strength it takes to protect something as fierce as the wild. The tiger’s voice in this campaign isn’t loud  it’s layered. Just like the work these forest guards do.”

    Gardenia board brand & marketing expert and advisor, Pankaj Bhawnani shared, “This isn’t a story about tigers alone. It’s about the people we rarely see. The ones who stay back, stay still, or step away when it matters most. Through this campaign, we wanted to bring out that emotional undercurrent of conservation. Because sometimes, respect is the greatest form of protection.”

    At its core, “Keepers of the Wild” reflects Tiger Balm’s own ethos, care that’s constant, quiet, and deeply human. The campaign doesn’t rely on spectacle, but on sincerity, and invites audiences to rethink what it truly means to be a guardian of the wild.

    Gardenia Cosmotrade LLP (exclusive distributors of Tiger Balm in India) Designated Partner,  Puneet Motiani said, “For over a century, Tiger Balm has been associated with relief and this campaign is an extension of that legacy. It’s about recognising the invisible strain that forest guards endure, and acknowledging the care they offer  not just to the animals, but to the entire ecosystem. We’re proud to stand behind a campaign that speaks with so much heart.”

    At its core, “Keepers of the Wild” mirrors Tiger Balm’s own philosophy: care that’s constant, quiet, and profoundly human. The campaign eschews flashy spectacle for genuine sincerity, inviting audiences to rethink what it truly means to be a guardian of the wild.

    Puneet Motiani, designated partner at Gardenia Cosmotrade LLP (exclusive distributors of Tiger Balm in India), noted, “For over a century, Tiger Balm has been associated with relief, and this campaign is an extension of that legacy. It’s about recognising the invisible strain that forest guards endure, and acknowledging the care they offer – not just to the animals, but to the entire ecosystem. We’re proud to stand behind a campaign that speaks with so much heart.”

    Following last year’s successful #EyeOfTheTiger campaign, this year’s narrative paws to deepen the admiration for forest guards, offering a unique perspective from the very creatures they protect. Through “Keepers Of The Wild,” it’s clear that sometimes, #ToughAsATiger isn’t just about raw power, but about presence – showing up for the wild, and leaving ample space for it to thrive.

  • Ajit Varghese heads back to Madison as partner and CEO

    Ajit Varghese heads back to Madison as partner and CEO

    MUMBAI: Ajit Varghese is set to return to the world of advertising, taking the reins at Sam Balsara’s Madison as partner and chief executive officer. The move marks a homecoming for Varghese, who cut his teeth at the agency before a globe-spanning career across media and tech.

    Varghese had only recently been chief revenue officer at Jiostar, the Reliance–Disney joint venture, a role he held for seven months. Before that he led ad sales for the Walt Disney Company in India (2023–24) and served as chief commercial officer at ShareChat and Moj (2020–22), where he drove a 7x revenue surge and helped turbocharge growth in Bharat-focused social media and short video.

    His longest stint was at WPP, where he rose from managing director of Maxus South Asia to global president of Wavemaker, overseeing 3,000 staff across 50 markets. Along the way, he delivered double-digit bottom-line growth, launched new digital and data-driven practices, and notched a string of industry awards.

    Varghese began his career at Madison in 1999, climbing to chief operating officer before leaving in 2006. Back then, he helped Coca-Cola triple its media budget in India and added marquee clients such as McDonald’s, Asian Paints, and Axis Bank.

    His return signals Madison’s intent to sharpen its edge in a market that is once again in flux.

  • Rabitat unveils Its latest Rakshbandhan campaign – ‘It’s the Little Crimes That Count’

    Rabitat unveils Its latest Rakshbandhan campaign – ‘It’s the Little Crimes That Count’

    MUMBAI: Rabitat has unveiled its latest Raksha Bandhan campaign titled, “It’s the Little Crimes That Count.” With this campaign, Rabitat is stepping into the season with humour, honesty, and a limited-edition festive hamper titled, “the Rabitat Rakhi Hamper”, acknowledging the silent economics of sibling life, where everything you own is also unofficially theirs.

    For India, Raksha Bandhan is a celebration of a bond that’s built on love, mischief, and lifelong camaraderie. For Rabitat, it marks an opportunity to design products that honour this bond in ways that feel fresh, meaningful, and joyfully nostalgic. Curated to inspire lasting rituals and joyful moments, the kits consciously replace sugar rushes and plastic clutter with products built for joy, utility, and shelf life. Every box includes a Rakhi, a Rakhi Ritual Kit, a custom Sibling Tax Card (a playful take on sibling bingo), a photo frame, and a curated mix of Rabitat’s everyday bestsellers.

    Commenting on the launch, Rabitat co-founder Sumit Suneja said, “Every sibling story is part crime, part comedy, and 100% chaos. It’s these unchanging truths that shape the kind of intent-led experiences we create at Rabitat. This Rakhi, we wanted to move gifting away from the usual suspects of sugar, plastic, and lead into experiences that celebrate modern siblinghood. Knowing we are laying foundational layers for the next generation of Indian families, Rabitat hopes to spark traditions that are as emotionally resonant as they are smartly designed; the kind kids will remember, and parents will be proud to pass on.”

    The campaign draws from a truth all parents know too well: nothing in a sibling household is safe. From lunch boxes raided on the sly to stationery that mysteriously migrates, sibling “taxation” is real. Rather than tame it, Rabitat chooses to honour it, turning these petty moments into powerful rituals of bonding and banter.

    To take the story beyond the box, Rabitat is teaming up with a host of beloved mom-influencers like Ishita Dutta, Smriti Khanna, Kishwer Merchant, and many more across platforms such as Instagram to share slice-of-life sibling tales. Adding to the momentum, Rabitat is also collaborating with FilterCopy to bring these real, relatable moments to life through heartwarming storytelling. Together, these content pieces echo a fresh Rakhi sentiment, one that’s rooted in realism, full of character, and reflective of how Indian parents and kids truly celebrate today.

    As families seek safer, more thoughtful alternatives to traditional festive options, Rabitat’s Rakhi hampers emerge as a refreshing pick for the season. By turning sibling tussles into Rakhi-ready rituals, the brand proves that good design and great storytelling belong at the heart of every celebration. 

  • Assembly gets its first India CEO: Alap Ghosh steps up to the plate

    Assembly gets its first India CEO: Alap Ghosh steps up to the plate

    MUMBAI: In a move that’s set to assemble a formidable force in the Indian media landscape, Assembly, the global omnichannel media agency under the Stagwell network, has appointed Alap Ghosh as its inaugural CEO for India. Based in Mumbai, Ghosh will officially take the reins on 1 August 2025, reporting directly to Matt Adams, global chief operating officer of Assembly.

    Ghosh, a digital doyen with over 25 years under his belt, brings a wealth of expertise across the digital ecosystem, having navigated the intricate worlds of advertising technology, marketing technology, and programmatic platforms throughout his illustrious career. He joins Assembly after a stint at Google India, where he was the head of data and technology partnerships, a role that saw him spearhead marketing technology and digital innovation for Google’s enterprise partners and clients. His resume also boasts leadership roles at Jellyfish and even a successful data consultancy he founded himself, giving him a panoramic view across supply, demand, innovation, and revenue functions. With a proven knack for building teams, scaling operations, and driving digital advancement, Ghosh is clearly the right fit to usher in Assembly’s next phase of growth in India.

    In his fresh new role, Ghosh will be tasked with knitting together Assembly’s media operations across Mumbai and Bangalore, forging a unified offering that spans media, creative, technology, and commerce. His leadership will be pivotal in accelerating growth and crafting more interconnected omnichannel experiences that promise to make brands truly perform across the region. It seems Assembly is all set to build something truly special.

    “Alap’s appointment marks an exciting new chapter for Assembly in India,” said Assembly Global CEO Rick Acampora. “India is an important growth market for Assembly and for many of our global clients, and we’re committed to realizing its full potential. Alap brings the right mix of crosssector experience and proven leadership to help us build something genuinely differentiated in this region.”

    “I’m excited to join Assembly at such a pivotal moment for Assembly and for India,” said Ghosh. “By bringing our teams together, with one vision and voice, we can create something bold, unified, and fit for purpose for what’s next for India. India is moving fast creatively, culturally, and digitally and we have a real opportunity to build an offering that delivers for today’s clients and sets a new benchmark for what’s possible in this market’s future.”   
     

  • I don’t switch hats between data and creativity; I wear both: Excellent Publicity’s Vaishal Dalal

    I don’t switch hats between data and creativity; I wear both: Excellent Publicity’s Vaishal Dalal

    What began in 2011 as a scrappy gamble by two advertising outsiders, Vaishal Dalal and Manan Joshi, has today morphed into one of Ahmedabad’s loudest success stories. Excellent Publicity, once a fledgling agency with nothing but ambition, now clocks a turnover of Rs 100 crore+.

    In just 13 years, the company has evolved into a full-blown media-tech powerhouse, fusing human creativity with data-driven precision. Its client roster reads like a brand marketer’s fantasy league: Google, Amazon, Amul, Axis Bank, Starbucks, Flipkart and Asian Paints – 1,300 of them in FY 2024–25 alone.

    At the helm is Vaishal Dalal, chairperson, co-founder and director, a chartered accountant who swapped balance sheets for brand battles and has been making bets ever since. As Excellent’s chief finance strategist and resident dealmaker, Dalal drives business development, crafts growth playbooks, and ensures every campaign is engineered for impact.

    His leadership has earned the firm a trophy cabinet of accolades, from the Gujarat Young Achievers Award and Mumbai City Icon Award to a coveted spot among India’s top 100 advertising and marketing agencies. Dalal himself was crowned with the Top 100 Great People Managers Award in 2023, proof that his knack for scaling brands is matched only by his ability to inspire teams.
    Indiantelevision.com’s Rohin Ramesh traded emails with Dalal, who pulled back the curtain on how Excellent Publicity went from scrappy start-up to Rs 100-crore+ media-tech agency and why the agency’s next big act might just be its boldest yet.

    Edited excerpts

    On your “microwave moment” when you realised media was your true main course

    The turning point came not with numbers or funding, but with obsession. The first idea was building a platform from which people could book tables at restaurants, but that was just an idea. My goal was to solve an issue people were facing, and my initial idea gave me the process of building its narrative, the name, logo, and launch campaign stirred something deeper. I found myself more engrossed in building something no one would have even thought of. And that’s when I came up with the idea of “on wheels”.

    To give the idea a push, I started a magazine where we wrote and designed everything ourselves and even built shelves inside auto-rickshaws for travelers to read during their rides. But instead of the magazine, people were more drawn to the advertisements on the outside of the autos. That unexpected insight gave us our opening; this was where the idea of transit advertising was born.

    The curiosity around how billboard branding works had always been there, and this experience made it clear: branding wasn’t just an accessory, it was the engine. And the media wasn’t just a service, it was a platform for impact.

    That realisation led to the foundation of Excellent Publicity, a media aggregator that aimed to declutter the space of offline media buying and planning. Eventually, we evolved into building an AI-integrated ad-tech platform that helps brands execute advertising globally, both offline and digital, with simplicity and scale.

    On the name Excellent Publicity coming from

    It came from intent. The name “Excellent Publicity” was chosen not just as a label, but as a promise, to ourselves and to every client we would eventually work with. It had to be aspirational but also grounded. No jargon, no fluff, just a clear message: we deliver nothing less than excellent. It became both our identity and our benchmark. Every campaign we executed, every feature we added to our AI platform, was a step toward making that promise real.

    On the motivation of going forward when the bank balance said “LOL”

    What kept us going was belief, not just in the vision, but in our ability to figure things out, even if it meant failing forward. We had no Plan B. We didn’t have funding or a fallback. So when the bank balance mocked us, we responded with action: cold emails, late-night research, and experiments that eventually paid off. Every inch of progress was hard-earned, which made it meaningful. Today, when clients across 23+ countries trust our platform to book their campaigns, it’s a reminder of what persistence can build.

    On what is more tough, filing ITRs or convincing a legacy client to try programmatic?

    Convincing a legacy client, without doubt. Numbers are predictable. People, not so much. Especially when they’ve done things a certain way for decades. But we saw this as an opportunity, not a challenge, to educate and progress. Our platform and the team made it easier. When clients could receive live media inventory, real-time pricing, and cross-platform insights, all at the click of a button, it wasn’t just convincing, it was converting.

    On you being  India’s “Prompt Whisperer” for marketers who don’t know their LLMs from their LCDs

    We’re not trying to be whisperers; we’re translators. At Excellent Publicity, we’ve built a platform that speaks business, not just code. Whether you’re a startup founder in Bangalore or a brand manager in Berlin, our platform eliminates the tech intimidation. You don’t need to know how an LLM works; you just need to know your audience. The AI handles the rest: inventory, targeting, media planning, and campaign booking. You click. It calculates. It’s advertising without the guesswork.

    On balancing spreadsheets with storyboards, and P&Ls with punchlines

    The secret is in integration, not balance. I don’t switch hats between data and creativity; I wear both. My finance background taught me discipline; advertising taught me intuition. One feeds logic into the system, the other breathes life into it. Whether we’re building a strategy for Burger King or defining media budgets for a fintech brand, the goal is always the same: maximize ROI while staying memorable.

    On challenges of building an adtech beast out of Ahmedabad

    It’s liberating. Not being in the conventional advertising hubs meant we were free from the pressure to conform. We built for need, not for noise. We understood Tier 2 and Tier 3 markets deeply, and now, through our AI-integrated platform, we’re scaling globally. A business in New York can launch a campaign in Mumbai within minutes, without picking up the phone. That’s our real flex, location never limited our ambition. And since having presence in Mumbai, Delhi, Pune, and Surat along with the UAE, we understand the local and global markets thoroughly, which helps us simplify advertising for brands globally.

    On your secret to win trust across such wildly different verticals

    It starts with listening. Every brand, whether legacy or startup, wants clarity, speed, and results. We bring that with our hybrid approach, human insight powered by AI logic. Our platform doesn’t generalize; it personalizes. Whether it’s Amul’s mass appeal or CoinDCX’s niche strategy, we’re able to adapt the media mix with precision and speed. That flexibility, backed by trust, is what keeps them coming back.

    On one thing AI still can’t do that your team nails every time

    Empathy. AI can process data, predict behavior, and even draft copy, but can’t feel it. It can’t understand cultural nuance, emotional context, or the layered meaning behind a regional campaign. My team can. Whether it’s deciding what billboard location is best in Baroda for a brand or designing a strategy that can appeal to the locals in Dubai, the human pulse is irreplaceable. AI is our engine, but people are the soul.

  • Meta launches anti-scam campaign with a twist to drive digital safety awareness

    Meta launches anti-scam campaign with a twist to drive digital safety awareness

    MUMBAI: As part of Meta’s commitment to user safety, we’ve launched the second edition of our anti-scams campaign, ‘Scam se Bacho 2.0’ that delivers digital safety tips with a twist. This year’s campaign takes to the streets, literally, through a creative collaboration with digital creator Signboard_wala, known for using bold, witty placards to spark real-world conversations.

    Building on the success of last year’s campaign, Scam se Bacho 2.0 brings scam awareness into public spaces across some of the most iconic streets in Mumbai, using culturally relevant and visually impactful storytelling to inform people about common online scams such as fake loan scams, impersonation and OTP fraud, among others.

    The campaign features Signboard_wala holding different signs such as “Ex ho ya scammer, dono ko block & report karo” and “Keep your friends close and your OTPs closer” – packaged as witty one-liners, the campaign delivers important digital safety lessons, spotlights Meta’s safety features like two-factor authentication (2FA), Block and Report and encourages people to take an active role in their online safety.

    The clever, humorous messages designed to grab attention, definitely spark a smile but most importantly, make people pause and reconsider online scams. It’s awareness with a twist – no preaching, no drama – just authentic, relatable moments that resonate.

    Last year Meta launched its safety campaign ‘Scams se Bacho’ by partnering with Bollywood star Ayushmann Khurrana to educate people on how to stay safe from online scams and promote safer digital practices. Launched in collaboration with the Ministry of Electronics and Information Technology (MeitY), Indian Cybercrime Coordination Centre (I4C) and Ministry of Information and Broadcasting (MIB), the campaign emphasised Meta’s commitment to safeguard people online, supporting the Government’s goal to combat the rising cases of scams and cyber frauds in the country.

    (If you are an Anime fan and love Anime like Demon Slayer, Spy X Family, Hunter X Hunter, Tokyo Revengers, Dan Da Dan and Slime, Buy your favourite Anime merchandise on AnimeOriginals.com.)
     

  • Social Panga launches AI Council to accelerate AI-led brand solutions

    Social Panga launches AI Council to accelerate AI-led brand solutions

    MUMBAI: Social Panga has announced the launch of its in-house AI Council – enabling & driving AI-powered solutions across branding, marketing, and digital ecosystems.

    With AI reshaping how brands communicate, operate, and innovate, the AI Council is designed to be a think-and-do tank — combining specialists, strategists, and technologists to bridge the gap between AI capabilities and business impact.

    This move comes on the back of successful AI-led deployments for brands like LG Electronics, Pathkind, Jindal Stainless (JSL), Himalaya, Lava and few more, and several others, where Social Panga has already been driving real-world impact through AI-enhanced campaigns.

    Co-Founders Himanshu Arora and Gaurav Arora will jointly mentor and Som would lead the council, ensuring it delivers meaningful innovation at scale.

    “The AI Council isn’t just a service line. It’s a forward-looking collective at the intersection of AI and brand building. We’re excited to bring this out and continue expanding it over the coming months,” said Social Panga EVP – creative strategy & growth Soumabha Nandi.

    “At Social Panga, we’ve always believed in solving business challenges with next-gen creativity. With AI already influencing day-to-day decisions, brands now need sharper, smarter solutions that are rooted in tech and tailored for growth. Our AI Council is here to guide that journey,” added Himanshu Arora.

    Echoing the sentiment, Gaurav Arora said, “Every new challenge needs a new lens. With the AI Council, we’re introducing a structured, dedicated approach to decode AI for brands — not just through tools, but through education, experimentation, and execution.”

    The AI Council will work across verticals from enhancing creative workflows and content creation to personalisation, performance, automation, and brand safety.

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  • Laxmipati Sarees onboards Rashmika Mandanna as their brand ambassador

    Laxmipati Sarees onboards Rashmika Mandanna as their brand ambassador

    MUMBAI: Laxmipati Sarees has announced its association with one of the biggest stars of Indian cinema—Rashmika Mandanna – as the face of the brand. Known for her pan-India appeal and magnetic screen presence, Rashmika brings fresh energy to a brand cherished across generations for its unmatched print quality and super-fine lightweight fabric.

    This iconic partnership launches with a nationwide campaign across TV, digital, print, and outdoor platforms starting July 29, 2025, celebrating the effortless elegance and cultural pride that Laxmipati Sarees represents. The campaign will also run ads on the India’s most iconic show Kyunki Saas Bhi Kabhi Bahu Thi, which starts tonight, aiming to capture the target audience on both TV as well as digital (JioHotstar) mediums.

    Expressing her joy, Rashmika Mandanna said, “Sarees carry so much more than just fabric — they hold our stories, tradition, and timeless beauty. Each one reflects a rich cultural legacy, and Laxmipati makes them so easy to wear — light, vibrant, and full of elegance. I’m so happy to be associated with a brand that brings heritage to life with such effortless style”

    Laxmipati Sarees managing director Sanjay Sarawagi said, “For four decades, Laxmipati Sarees has stood for trust, quality, and elegance. Our vision has always been to create sarees that combine heritage with everyday elegance. With Rashmika joining our journey, we are reaffirming our commitment to stay rooted in Indian tradition while connecting deeply with today’s woman. Her grace and authenticity reflect everything our brand aspires to be.”

    Laxmipati Sarees director Manoj Sarawgi added, “This is a proud moment for us. Rashmika brings not just star power, but a natural warmth and relatability that our customers love. Her presence will help us reach new audiences while staying true to our core—creating sarees that are light, beautiful, and truly made for every Indian woman.”

    “Rashmika brings an incredible blend of relatability and glamour, which aligns perfectly with Laxmipati’s appeal. Through this campaign, we’re not just showcasing sarees—we’re narrating the story of the modern Indian woman who embraces tradition with confidence and joy,” added director Rakesh Sarawagi.

    Shreyansh Innovations founder Shreyansh Baid commented on the campaign, “This was a special campaign to craft. Laxmipati’s sarees are known for their lightness, fine fabric, and beautiful designs—we wanted to highlight that sensory elegance in every visual. Rashmika’s presence adds a celebratory warmth to the narrative, making the campaign aspirational and authentic at the same time.”

     

  • McDonald’s India and Sanjeev Kapoor reunite to showcase new Protein Plus Range

    McDonald’s India and Sanjeev Kapoor reunite to showcase new Protein Plus Range

    MUMBAI: McDonald’s India (West & South) has announced the return of culinary icon Sanjeev Kapoor for a new brand film highlighting its newly launched innovative and first-of-its kind ‘Protein Plus Slice’. This marks the continuation of the successful partnership that began with the Multi-Millet Bun launch last year. 

    This entertaining brand film, conceptualised by DDB Mudra captures a memorable encounter at McDonald’s where Kapoor, stationed behind the counter, meets a young fitness enthusiast and his spirited little brother. When the older brother orders his usual favourites, Chef Kapoor introduces them to the revolutionary Protein Plus slice with his characteristic charm. What unfolds is a humorous competition between the brothers, when the elder one requests two slices, his younger brother immediately ups the ante by asking for three slices. The film perfectly illustrates how customers of all ages can personalize their protein intake while enjoying McDonald’s favourites. 

    The film emphasizes on the 100% vegetarian plant-based ‘Protein Plus Slice’ co-developed by CSIR – Central Food Technological Research Institute (CSIR-CFTRI). Chef Kapoor talks about this slice, which offers 5g of protein per slice, allowing customers to add 5g, 10g, or more protein to their burgers without compromising on taste. 

    Westlife Foodworld CEO Akshay Jatia said, “At McDonald’s India, we have always believed in giving our customers more choice, and this time, we are giving them the power to personalize their protein intake. The Protein Plus Range allows them to enjoy their favourite McDonald’s burgers without compromising on their protein needs or the taste. It also reflects our ongoing commitment to our ‘Real Food, Real Good’ philosophy, bringing together flavour, nutrition, and food science. Together, we remain committed to crafting menu items that are both wholesome and delicious, combining locally available ingredients in a way where great taste and nutrition go hand in hand.” 

    Kapoor said, “It feels great to continue my association with a brand like McDonald’s that constantly innovates its menu, suiting the tastes and preferences of varied customers. Their entry into the protein enhancement initiative is commendable, and I like the fact that their Protein Plus range perfectly balances taste with nutrition. I believe this range is a true innovation in personalized nutrition.” 

    DDB Mudra Group chief creative officer & executive director Rahul Mathew  said, “McDonald’s is for everyone. It’s a belief that the brand is built on. And it’s this belief that we’ve extended to extra-protein seekers with the new Protein Plus Slices. So, whether you’re just making up for your nutritional needs or following a workout regimen, McDonald’s is for you as well.” 

    The Protein Plus Range launch marks McDonald’s India’s second strategic collaboration with the CFTRI, following the successful introduction of Multi-Millet Buns. The campaign on the Multi-Millet Bun had also featured Chef Sanjeev Kapoor. 

    The film closes with Kapoor saying, ‘That’s My McDonald’s’, underscoring the brand’s commitment to blending great-tasting burgers with more nutritional goodness. Customers can now savour their favourite burgers in a nutritional avatar with extra protein at their nearest McDonald’s restaurants in West and South India, on-the-go via Drive-Thru and also can order through the McDelivery App and Swiggy.

  • CEO pay in India soars to Rs 7.2 crore; CFOs take home Rs 2.3 crore

    CEO pay in India soars to Rs 7.2 crore; CFOs take home Rs 2.3 crore

    MUMBAI: Chief executives at India’s listed companies pocketed an average of Rs 7.2 crore in FY24, according to a new study by executive search firm Resource Bridge. The figure marks a doubling over the past decade, reflecting an annual growth rate of nine per cent. Chief financial officers, meanwhile, earned an average of Rs 2.3 crore — a 1.7-fold rise in the same period.

    The CEO Compensation Report 2025 and CFO Compensation Report 2025, compiled after a three-month analysis of nearly 1,000 annual reports and public financial data, highlight how leadership pay is shaped by sector, geography, and ownership. Manufacturing-sector CEOs remain the best paid, while CFOs in services-led industries top their peer group. Executives in North India command the highest salaries, while those in the East lag consistently behind.

    Ownership matters, too. Multinational corporations continue to outpay Indian-owned firms, with executive compensation spiking sharply once turnover passes Rs 5,000 crore — and again at the Rs 50,000 crore and Rs 1 lakh crore marks.

    To aid boards and promoters, the report debuts a proprietary compensation calculator that benchmarks CEO and CFO salaries based on turnover, sector, ownership, region and financial performance.

    Founded by K. Ramadhurai and Saroja Ramadhurai, Mumbai-based Resource Bridge has built a 20-year legacy focusing exclusively on CEO and CFO appointments. The firm is known for its research-driven counsel on leadership transitions and pay structuring.