CTO Salary in India Per Month (June 2023)
CTO Salary in India 2023 | Chief Technology Officer Salary | CTO Salary Per Month | CTO Salary in India | Latest CTO Salary | CTO Salary 2023 | CTO Salary Per Year | CTO Salary | CTO Full Form.
CTO India: The Chief Technology Officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. A CTO should have the business knowledge necessary to align technology-related decisions with the organization’s goals.
In addition to fixing IT-related issues, a CTO is responsible for developing, implementing, managing and evaluating the company’s technological resources.
The CTO position often overlaps with other jobs, in particular, that of the CIO (Chief Information Officer) and CSO (Chief Science Officer). Depending on its size and focus, a company may have any or all of these positions. As a rule, the CTO reports to the CEO (Chief Executive Officer).
CTO Salary in India
The average CTO salary of a CTO is between ₹7,53,551 to ₹29,96543 per year, with the annual pay being reflective of competition, education, skills, experience and the annual gross revenue of the hiring company.
CTO (Chief Technology Officer) Salary
CTO salaries are also dependent on the sector of their company- CTOs in the financial sector make over $200,000 on average, while e-commerce CTOs make $76,000 per year, according to a 2018 report from the InfoSec Institute.
CTO Salary in India 2023
CTO Salary in India 2023: An entry-level Chief Technology Officer (CTO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹600,000 based on 9 salaries.
An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of ₹884,372 based on 48 salaries.
A mid-career Chief Technology Officer (CTO) with 5-9 years of experience earns an average total compensation of ₹1,898,939 based on 61 salaries.
An experienced Chief Technology Officer (CTO) with 10-19 years of experience earns an average total compensation of ₹3,418,037 based on 187 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹4,853,611.
CTO Salary Per Month & Year
Average Chief Technology Officer (CTO) Per Month & Year Salary in India below.
CTO Salary in India Per Month
CTO Salary in India Per Month: The average salary for a chief technology officer is ₹90,452 per month in India.
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CTO Salary India Per Year
CTO Salary India Per Year: The average salary for a chief technology officer (CTO) is ₹14,65,521 per year in India.
Highest Paying Cities in India for CTO (Yearly)
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CTO (Chief Technology Officer) Job Details 2023
A chief technology officer is part of an executive team in a company. He or she leads the efforts of the technology development within the company. This is usually the highest position related to technology within a company. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department.
The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. It is also important to keep an eye on the competition, in order to stay a step ahead. An abundance of research will be carried out by the CTO, and reports will be generated. That way, decisions can be made by the executive team. The CTO will generate a vision for the company and a plan to achieve it in the future. It is important to harness the best technology available to provide a good experience for the end user and to make employees’ work more efficient.
Since this is a senior position in a company, it is usually necessary to have many years of experience in a position relating to information technology. Since the job involves many duties, it is important to be self-motivated and to be able to problem-solve, multitask, and work well under pressure. The CTO may have a bachelor’s, master’s, or doctorate’s degree in a field such as information technology, computer programming, or another computer science.
Top Skills for CTOs
Big Data, Java script, Python, AWS, CTO, Computer science, Data Structures, Software Development, .Net, Agile, Ajax, Application Programming, Assembly Language, Azure, Backend.
CTO Full Form
CTO Full Form: A chief technology officer (मुख्य तकनीकी अधिकारी) is an executive who is responsible for the management of an organization’s research and development (R&D) as well as its technological needs.
CIO Vs. CTO
In mid-to-large size companies with higher executive budgets, the C-suite may include a CIO and a CTO. Both positions are focused on the engineering, implementation, development and management of technology. However, the key difference is that the CIO role typically involves internal operations, while the CTO role focuses on external processes.
CIOs primarily work with a company’s IT staff as a managing leader. They are typically in charge of discovering and analyzing how technology processes affect the business, as well as identifying potential areas of improvement. The CIO also presides over the internal IT infrastructure.
CTO Salary in India FAQ’s
Q.1: What is the salary of a CTO in India?
Ans: Average salary for a CTO in India is 32 Lakhs per year (₹2.7L per month). Salary estimates are based on 179 salaries received from various CTOs across industries.
Q.2: What is the starting salary for a CTO in India?
Ans: Average starting Salary for CTO in India is around ₹6.0 Lakhs per year (₹50.0k per month). No prior experience is required to be a CTO.
Q.3: What is the highest salary for a CTO in India?
Ans: Highest salary that a CTO can earn is ₹106.8 Lakhs per year (₹8.9L per month).
Q.4: What are the popular/top skills required to become a CTO?
Ans: These are the top skills of a CTO based on 10 jobs posted by employers.
1. Big Data
2. Java script