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India's 10 best paid CEOs!

September 16, 2008

P R Ramasubrahmaneya Rajha

Age: 76 years

Remuneration for 2008: Rs 32.39 crore (Rs 323.9 million)

Designation: Chairman and managing director

Group: Ramco Group

Other companies: Madras Cements Ltd, Ramco Industries Ltd, Ramco Systems Ltd, Rajapalayam Mills Ltd, Sudarshan Spinning Mills, Sri Vishni Shankar Mills Ltd, Rajapalayam Spintext, Sri Ramco Spinners, Rajapalayam Textiles, Sandhya Spinning Mills, Tanjavur Spinning Mills Ltd, Ramaraju Surgical Cotton Mills Ltd, Sri Ramco Biotech, Ramco Wind Farm and Ramco Lanka Private Ltd. Some of the charitable institutions it includes Raja Charity Trust, P A C Ramasamy Raja Education Charity Trust, Shri Abhinava Vidyatheertha Seva Trust, Ramco Industrial Training Centre and P A Chinnaih Raja Memorial Higher Secondary School

Background: Rajha took over Madras Cements and the Ramco Group in 1962 from his ailing father and company founder, P A C Ramasamy Raja. Under his stewardship, the group has established a national presence and seen its turnover multiply ten-fold. Madras Cements is the sixth largest producer of cement in India. It is also one of the largest wind energy producers in the country.

Image: (Inset): Madras Cement group chairman P R Ramasubrahmaneya Rajha. Image: A labourer unloads bags of cement at a warehouse in Hyderabad. | Noah Seelam/AFP/Getty Images

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