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The highest paid CEOs in India

February 17, 2009

Vivek Kumar Jain

Rank: No 8

Company: Gujarat Fluorochemicals Limited

Designation: Managing director

Compensation: Rs 16.87 crore (Rs 168.7 million)

Gujarat Fluorochemicals market cap: Rs 708.12 crore (Rs 7.08 billion)

About: Jain has more 25 years of experience in setting up and managing different businesses. He was instrumental in starting GFL and bringing it to its present position as the largest manufacturer of refrigerants in the country. Around 95 per cent of GFL's refrigerant production is exported to more than 75 countries across the globe. Its distribution is spread across more than 50 countries.

Gujarat Fluorochemicals Limited is a part of the $2 billion INOX group of companies -- a family owned, professionally managed business group, with interests in diverse businesses. Jain is a director in 18 other Jain family companies, including Inox, a national chain of multiplex cinema theatres.

Image: Inox Towers, Noida

Also read: The secret behind Indigo's success

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