Tag: Women business executive

  • Ritu Kumar: The Pioneer Of Indian Fashion Industry

    India has an ancient clothing design history and is referred to as a prominent and emerging fashion industry. In ancient times who thought that there would be an industry that would produce an annual revenue of $165 billion? A handful of skillful designers existed before the 1980s, and one of them was Ritu Kumar. Ritu Kumar is known as one of the best fashion designers in India.

    She is an Indian Fashion Designer who started her career in a small village in Kolkata with her hand block printing techniques on clothes which amazed people. Ritu Kumar started the Era of Fashion Designing with her amazing designs of Lehengas and Bridal Dresses.

    This StartupTalky article explores Ritu Kumar’s success story, including her early life, history, childhood, personal life, education, awards, net worth, and more.

    Ritu Kumar – Biography

    Name Ritu Kumar
    Birthplace Amritsar
    Born 11 November 1944
    Nationality Indian
    Education Loreto Convent (Shimla), Lady Irwin College in Delhi, Briarcliff College (New York)
    Position Fashion Designer
    Spouse Shashi Kumar
    Company Ritu Kumar

    Ritu Kumar – Early and Personal Life
    Ritu Kumar – Career
    Ritu Kumar – Designs
    Ritu Kumar – Awards and Achievements

    Ritu Kumar – Early and Personal Life

    Ritu Kumar was born in Amritsar and shifted to Shimla due to the lack of educational opportunities in Amritsar. She studied at a convent school there and got admitted to the Lady Irwin College of Delhi in the late 1960s as a student of art history.

    She met her husband Mr Shashi Kumar at this place and got married the same year. Later she went to pursue a scholarship in Art History at Briarcliff college of New York.

    Ritu has two sons Amrish and Ashvinkumar. Amrish works with Ritu and is the CEO of Ritukumar’s fashion brand label Ritu Kumar and Ashvin is a film director who has also been nominated for Oscar.

    Ritu started her career and family at a very initial stage of her life and is managing all of it very well. Ritu also pursued museology from a college in Delhi to get more knowledge on ethnic fashion and work.


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    Ritu Kumar – Career

    Ritu began her journey in the 1960s, while she was studying museology. She visited a small village Serampore in West Bengal. In that village, she found a small colony of hand-block printers who were out of work and needed financial help and employment. That is when the idea came to start a small enterprise of giving designs that the printers began working on.

    These hand-block printers created beautiful designer sarees with their outstanding work. She continuously visited exhibitions and fairs to gain popularity and soon she was noticed for her extraordinary designs in India.

    She experienced the rapid changes in India, which were replacing handmade textiles with machine-made plastics. Ritu Kumar created new globally relevant designs where the handmade textile legacy would remain the original emphasis.

    Initially, she designed evening clothes and Indian bridal wear, and eventually, after the great success of her designs, Ritu opened stores in different states of India. Now she was at boom and everyone knew Ritu Kumar was a brand.

    By making an effort, she went international by opening branches in Paris, London, and New York. In 2002 she launched the “Label” brand in partnership with her younger son Amrish Kumar.

    Ritu Kumar with her son Amrish Kumar
    Ritu Kumar with her son Amrish Kumar

    Ritu Kumar has 4 brands i.e. “Label” for the modern outfits of girls and women. The second brand under her is “Ri’ which showcases the bridal and lehenga worn by women. The third brand is “Aarke” which is a part of the nightwear section for women. And last but not least “Home” is a brand that sells all the home décor and essential products.

    Ritu Kumar is also recognized as her clothes have been worn by famous personalities such as Princess Diana, Priyanka Chopra, Madhuri Dixit Nene, and many more actresses.

    The domain ritukumar.com attracted 1,850,126 users in the year 2020. During wedding seasons in India, the company invests in servers as well, to curb excessive website traffic. Digital Impressions has designed and made the website for Ritu.

    Ritu Kumar – Designs

    Kumar’s designs focus on using natural fabrics and traditional printing and weaving methods. While she blends in some Western elements, she mainly sticks to classic sari designs. Her creations have been worn by many famous people, including Princess Diana, Priyanka Chopra, Deepika Padukone, and Lara Dutta. Kumar’s work showcases timeless elegance, highlighting the beauty of traditional Indian craftsmanship. She is known for creating pieces that reflect both cultural heritage and modern influences.


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    Ritu Kumar – Awards and Achievements

    Ritu Kumar receiving Padma Shree by the Government of India
    Ritu Kumar receiving Padma Shree by the Government of India

    There is a long list of awards that Ritu Kumar, fashion designer has achieved during her journey in the fashion industry. The long list flows as:

    • Lifetime achievement award by NIFT
    • Lifetime achievement award by Kingfisher Group
    • Outstanding Woman Entrepreneur award by PDHCC
    • The award of “Chevalier des Arts et des Lettres” was given by the French government
    • Lifetime achievement award at Kingfisher Fashion Fantasia (2000)
    • Indira Gandhi Priyadarshini Award
    • Won the Achievement Award in the year 2012 L’oreal Paris Femina Women’s Awards
    • Padma Shree by the Government of India (2013)

    Conclusion

    Ritu Kumar one of the leading fashion designers in India, is a role model and inspiration to the youth who want to pursue a career in the fashion industry. She is a successful female entrepreneur and a live example of Indian women who are not dominated by the men in this society.

    Ritu Kumar was the first person to introduce the boutique culture in India. Ritu took the chances and performed outstandingly. She is a true example of a pioneer in the fashion industry thus making a remarkable position in the present era.

    FAQs

    Who is Ritu Kumar?

    Ritu Kumar is a famous fashion designer in India. She is claimed to be the first designer to introduce boutique culture in India and is one of India’s finest fashion designers.

    How many stores does Ritu Kumar have?

    Ritu Kumar has 93 stores across the country.

    Who is the brand ambassador of Ritu Kumar?

    Shanaya Kapoor is the brand ambassador of Ritu Kumar.

    What is Ritu Kumar education?

    Ritu Kumar’s education journey began in Simla, where she attended Loreto Convent due to limited schooling options in Amritsar. She then studied at Lady Irwin College, where she met her husband, Shashi Kumar. Later, she received a scholarship to study Art History at Briarcliff College in New York. After returning to India, she furthered her studies in museology at the Asutosh Museum of Indian Art, University of Calcutta.

    What is the revenue of Ritu Kumar?

    The annual revenue of Ritu Kumar was over INR 3 billion for 2023.

    What is the difference between Ritu Kumar and Label Ritu Kumar?

    Ritu Kumar is the name of the designer herself, known for her contributions to traditional Indian fashion. She creates high-end, bespoke clothing using natural fabrics and traditional techniques, focusing on both modern and classic Indian designs.

    Label Ritu Kumar, on the other hand, is the brand under which her ready-to-wear collections are sold. It offers stylish, contemporary pieces inspired by Ritu Kumar’s design philosophy but is more accessible compared to her couture collections. The label provides a range of products, from casual wear to festive outfits, blending traditional and modern elements.

    Who are famous fashion designers in India?

    Famous Indian fashion designers include:

    1. Manish Malhotra – Glamorous bridal wear.
    2. Sabyasachi Mukherjee – Intricate bridal collections.
    3. Ritu Kumar – Traditional textiles and classic designs.
    4. Tarun Tahiliani – Indian-Western fusion.
    5. Falguni Shane Peacock – Modern, glamorous outfits.
    6. Anita Dongre – Sustainable, ethnic wear.
    7. Masaba Gupta – Playful, modern designs.
    8. Abu Jani Sandeep Khosla – Luxurious bridal fashion.
    9. Rahul Mishra – Eco-friendly, handwork designs.
    10. JJ Valaya – Royal-inspired luxury collections.

    What is Ritu Kumar age?

    Ritu Kumar was born in 1944. She is 81 years old.

  • The Past, Present and Future of Women Entrepreneurship

    From fighting for equal rights to building individual opportunities, the world for women has been burgeoning day by day. Initially, in some countries, women are determined to stay indoors, looking after their children and running errands. Where their ideas/talents are tantamount to nothing and considered only for domestic responsibilities. But, some things weren’t the same, women took the place to change certain lifestyles over the past few decades.

    For instance, those women, who were locked up inside their home, cooking and taking care of their children, later came out as Models, teachers, doctors, CEOs, presidents, content writers, actresses and even implemented their ideas in starting up their own business.

    In this coming of age, many young women are looking forward to creating their own career path. One such career- Women Entrepreneurship, that impacted greater differences in the sectors of employment these days.

    Past of Women Entrepreneurship
    Present of Women entrepreneurship
    Future of Women entrepreneurship
    Things that will help Promote Women Entrepreneurship in the World
    FAQ

    Past of Women Entrepreneurship

    If we take World War II as an example in the development of women entrepreneurship, then I would say that there wasn’t any improvement. As women are there to treat soldiers who are wounded in the war.

    When world war II ended, the concept of women-centric aroused in the society, as many were a part of many businesses such as sewing, nursing, teaching and so on.

    Speaking of which, the term ‘feminism’ flourished in many countries, at that time women were fighting for their right to vote, equal wages and opportunities. Later periods emerged in many sectors, for instance, Back in 1739, it is cited that Eliza Lucas was the first female entrepreneur to take control of her family business in the US.

    Besides, Kalpana Saroj is the first woman entrepreneur of India and the CEO of Kamani Tubes, which is worth 112 million dollars.

    Kalpana Saroj
    Kalpana Saroj

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    Present of Women entrepreneurship

    At the beginning of the 21st century, women entrepreneurship became an upsurge thing, as many young ladies came forward and cast their talent in various ways and reported an increase in women-owned business enterprises that are playing an essential role in developing the Indian economy.

    Even though they suffer a lot in the present society in regards to discrimination, pay & wages, gender inequality and so many. Not only the outer surface of the society, but also they face socio-cultural barriers.

    One such example, Oprah Gail Winfrey, who is famously known as The Oprah Winfrey Show Host, media representative and greatest Black philanthropist in U.S history.

    Oprah Gail Winfrey
    Oprah Winfrey

    As you know, she was once the richest African American of the 20th century. And ranked as the most influential woman in the world since 2007. Speaking of the present, Women entrepreneurship is gaining importance in India in the wake of economic liberalization and globalization.

    In the world of development, the Government of India implemented numerous schemes to encourage as many as young women in the field of entrepreneurship by introducing MSME Scheme, Annapurna Scheme, Dena Shakti Scheme, TREAD (Trade-Related Entrepreneurship Assistance and Development) Scheme, NSDM, DICs and many other women entrepreneurship schemes.

    Women are the largest untapped reservoir of talent in the world- Hillary Clinton.

    Future of Women entrepreneurship

    Speaking of gender equality in entrepreneurship has played a vital role in creating opportunities, innovation, and growth.

    Starting from Vandana Luthra, to Falguni Nayar, the founder of Nykaa, the women’s contribution in the entrepreneurship field is exceptional. However, over time, women are coming forward to entrepreneurship training, with their innovative minds and ideas, the future of women’s entrepreneurship is in good hands.

    Moreover, Indian Military services’ has opened hands to welcome young women is another start for a great future. In addition to that, Prime Minister Narendra Modi’s Employment Generation Programme and other schemes have pitched in to support large to small enterprises.

    On the other hand, over 30% of the population are employed women, and 3% are self-employed. Having that said, the future of entrepreneurship in women’s hands not only creates opportunities for themselves but others too. Women are the epitome of love, passion, duty, and beauty so that their positive energy could be used in managing resources efficiently.

    Subsequently, the process of Women’s entrepreneurship is a natural one with the utter encouragement of women entrepreneurs on one side, the women empowerment is all set.

    Furthermore, women-owned businesses have rapidly increased in this pandemic, especially on social media. Plus, the requisite skill, knowledge, and adaptability in business are the main reasons for women to emerge into business ventures. Consequently, the role of a woman entrepreneur is a person who accepts challenging roles to meet her personal needs and become economically independent.

    Things that will help Promote Women Entrepreneurship in the World

    Meanwhile, the participation rate of younger women in the entrepreneurship field is higher than that of men. Yet, the women’s entrepreneurial role is limited and inadequate. The small-scale industries are the worst hit, with only 10% owned by women.

    So following this, three effective and immediate measures are suggested by experts:

    Promotion of women entrepreneurs

    Promotion of women entrepreneurs in micro-enterprises: with additional support from proper government and society, these upcoming women can cultivate sustainable, organized, and growth-oriented enterprises to a great extent.

    Institutional and Policy-based support

    There are still several government policies and regulations on businesses and industries out there. Nevertheless, certain modifications have to be made to ease the administrative hurdles for women entrepreneurs.

    Special Incentives

    Special incentives, tax rebates, duty cuts can be provided with women as supervisors. Women with great minds not only make the best out of the best but also lead the path for the next generation.  So sectors with the prerequisite of entrepreneurial talent as well as exceptional communication skills can right away approach these incredible women.


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    Conclusion

    A strong desire to do something positive is an inbuilt quality of any entrepreneurial woman, plus, the capability to contribute values in both family and social life is what makes them stand out from others.

    Unlike men, who are capable of committing to social life, women have a self-role as well as a personal role like mother, wife, daughter. Entrepreneurial women have the impulse to focus on improving the living standards for women on education and personal development as well.

    On the whole, women entrepreneurs account for and will account for improved economic growth and stability within a country. They not only look for progression for themselves but also set inspirations for other women to start a business. Eventually, this vision will also help in reducing the gender gap in the workspace and overall a better place to live.

    FAQ

    Who is the most famous female entrepreneur?

    Wang Laichun, Oprah Winfrey, Shery Sandberg, Sara Blakely, Cher Wang, Folorunsho Alakija, Susan Wojcicki, and Indra Nooyi are some of the  most famous female entrepreneurs.

    Why India needs more Women Entrepreneurs?

    Economic Growth, Narrowing Gender Gap, Company Culture & Safety at Workplace, Funding/Investment to Women-led Startups and Social Change.

    What are the schemes provided by Government for women entrepreneurship?

    Government initiatives to boost women entrepreneurship are Mudra Yojana Scheme, Annapurna Scheme, Dena Shakti Scheme, and TREAD (Trade-Related Entrepreneurship Assistance and Development) Scheme.

  • Indra Nooyi: Board of Directors, Amazon | Former CEO, Pepsico

    Indra Nooyi is an Indian-American business executive who became the Chairperson and fifth CEO in PepsiCo‘s history. She currently serves as the Board of Directors of Amazon and International cricket Council. She is an active Philanthropist as well. She and her husband has displayed collated efforts in philanthropy by donating amount to schools for education purposes in rural areas of the U.S. She was ranked 13th on the Forbes list of the World’s 100 Most Powerful Women. In 2017, she was ranked the 2nd Most Powerful Women in the Forbes list. As of January 2021, she has an estimated net worth of $100 million.

    Indra Nooyi | Board of Directors, Amazon

    Indra Nooyi- Biography
    Indra Nooyi- Personal Life
    Indra Nooyi- Education
    Indra Nooyi- Professional Life
    Indra Nooyi- Tenure at PepsiCo
    Indra Nooyi- Connecticut public service
    Indra Nooyi- Honors & Awards
    FAQ’s

    Indra Nooyi- Biography

    Name Indra Krishnamurthy
    Born 28 October, 1955
    Birthplace Madras, India (now, Chennai)
    Age 66 (2021)
    Nationality Indian-American
    Citizenship United States
    Education University of Madras; Indian Institute of Management, Kolkata; Yale University
    Profession Business Executive
    Position CEO of PepsiCo
    Board of Directors Amazon
    Net worth $100 million (January, 2021)
    Marital Status Married (1981)
    Spouse Raj Nooyi
    Children 2
    Sister Chandrika Tandon

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    Indra Nooyi- Personal Life

    Indra was born in Madras, India. She loved to play cricket. She used to play guitar in an all-girl rock band. She completed her studies in India. In 1978, she moved to the USA for higher studies.

    In 1981, she married Raj K. Nooyi, who is the president at AmSoft Systems. The couple has two daughters. She was ranked 3rd in the World’s Powerful Moms’ list by Forbes.

    Indra Nooyi- Education

    Indra completed her elementary education from Holy Angels Anglo Indian Higher Secondary School. She graduated with a Bachelor of Science (B.S.) degree from Madras Christian College of the University of Madras in 1974.

    She pursued Masters of Business Administration (MBA) from Indian Institute of Management, Kolkata. She further completed her Masters degree in Public and Private Management from Yale University- Yale School of Management in 1980.

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    Indra Nooyi- Professional Life

    Indra started her professional career as a Product Manger at the textile firm, Mettur Beardsell Limited. She worked there for one year (1976-1977). She further worked as a Product Manager for one year at Johnson & Johnson.

    While attending Yale School of Management, she completed her summer internship with Booz Allen Hamilton. She then served as International Corporate Strategist at The Boston Consulting Group. She worked there for 6 years (1980-1986).

    Post that, she sat at the position of Vice President & Director of Corporate Strategy and Planning at Motorola. She served at the company for 4 years (1986-1990).

    She started working at Asea Brown Boveri Private Limited from 1990 to 1994. She served there as the Senior Vice President of Strategy and Strategy Marketing. Since February 2019, she is serving at the Board of Directors of Amazon as the member of Audit Committee.

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    Indra Nooyi- Tenure at PepsiCo

    PepsiCo Logo

    Indra joined PepsiCo in 1994 as the Senior Vice President of Strategic Planning. After serving for two years with this position, she was promoted as the Senior Vice President of Corporate Strategy and Development.

    After four years, she was again promoted as the Senior Vice President & Chief Financial Officer, and served with this position for one year. She was then promoted to the position of President & Chief Financial Officer with a continuation of five years. Her hard work and strategic planning resulted into several promotions within the same company.

    In October, 2006, she was declared the Chairman & Chief Executive Officer of PepsiCo by replacing Steven Reinemund. After spending about 24 growing years at PepsiCo., she officially left the company in January 2019. During her tenure, the sales of the company grew from to 80%.

    Indra became the co-director of the Connecticut Economic Resource Center in 2019. The company is a public-private partnership with the Connecticut Department of Economic and Community Development.

    She is a resident of Connecticut and examines the state’s new economic development strategy. She is also the Co-Chairman of AdvanceCT, a Connecticut based nonprofit organization.

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    Indra Nooyi- Honors & Awards

    • Indra received the Outstanding Woman in Business award by the League of Women Voters in Connecticut.
    • She received the Bower Award for Business Leadership from the Franklin Institute Awards Program in 2019.
    • The CEOWORLD magazine named her Best CEO in the World in 2018.
    • She was named number one on the annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009, and 2010.

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    • She was elected to the Fellowship of the American Academy of Arts and sciences in 2008.
    • She was the elected Chairwoman of the U.S.; India Business Council (USIBC).
    • In 2009, she was named CEO of the year by Global Supply Chain Leaders Group.
    • In 2013, she was named one of “25 Greatest Global Living Legends” by NDTV and was awarded by President of India at the Rashtrapati Bhavan.
    • She has been conferred with the Honorary degree under several categories from different universities.
    • She was awarded the third-highest civilian honor, Padma Bhushan from the President of India in 2007.

    FAQ’s

    How did Indra Nooyi start out?

    Beginning her career in India, Nooyi held product manager positions at Johnson & Johnson and textile firm Mettur Beardsell. While attending Yale School of Management, Nooyi completed her summer internship with Booz Allen Hamilton.

    What is the net worth of Indra Nooyi?

    Indra Nooyi is an Indian-born American businesswoman who has a net worth of $100 million. Indra Nooyi was born in Madras, Tamil Nadu, India in October 1955.

    Why Indra Nooyi is a good leader?

    She treads with courage. Another great leadership lesson for Indra Nooyi is to have the courage to innovate. Great leaders are those who take decisions with conviction, even amidst scrutiny and criticism. When Indra Nooyi took the decision of making PepsiCo products healthier, the critics were harsh on her.

    What made Indra Nooyi successful?

    During her 12-year tenure as chief executive, Nooyi transformed PepsiCo into one of the most successful food and beverage companies worldwide. Her push for healthier snack and beverage choices, along with an eye for product packaging, led to an 80 percent sales growth in the 12 years she was CEO.

    Why did Indra Nooyi retire?

    Nooyi joked that her retirement was sole “a retirement from quarterly earnings”. “As CEO, you were a prisoner of the quarterly earnings because you had to deliver. Everything you did was around the quarterly earnings,” she said.

    What is Indra Nooyi doing now?

    Indra Nooyi stepped down from the post of CEO of PepsiCo in 2018. From starting her career as a product manager at Johnson & Johnson to becoming the CEO of PepsiCo, Indra Nooyi has come a long way and has paved the path for many successful women to follow in her footsteps. Currently, Nooyi is working in Amazon and is the second woman of color to be added to Amazon’s Board of Directors.

    Conclusion

    Indra Nooyi has come a long way and has paved the path for many successful women to follow in her footsteps. She was the CEO of PepsiCo for a period of 12 years that showcases her strong leadership quality and taught us how to lead with power and dignity. She excelled in her role which can be seen by the growth of PepsiCo into the most successful food and beverage company. She treads with courage. Another great leadership lesson for Indra Nooyi is to have the courage to innovate. Great leaders are those who take decisions with conviction, even amidst scrutiny and criticism.

  • Stats about Women Workforce in Corporate India

    We find all sorts empowering posts flying around social media when women’s day is around the corner. No, this article isn’t going to talk about the same old mediocre state of women in the Indian ecosystem. Well we’ve certainty risen above that. We are rather going to be talking about how the women workforce is at it and shattering the society glass ceiling and climbing the corporate ladder one step at a time.

    Although social media tries to push the feminine button a dozen times, what we know is a drop in the ocean. The state of Indian women in corporates is notably growing but the pace is that of the tortoise who wins slowly and steadily.

    It is safe to say we have come a long way from assuming that women were only confined to kitchens and producing babies. Especially in India, where so many women have little to almost no agency to take career oriented decisions, corporate offices still experience male dominance.

    How many Women work in Corporate India
    Women in Indian Parliament
    Stats Around the Globe
    Reasons for declining numbers of Female workers in India
    FAQ

    How many Women work in Corporate India

    According to the Fortune 500 list published in march 2020, only 29 Indian companies had women at senior management and executive levels. The number has grown by a measly 6% in the past decade. Today, women own around 20% of micro scale business in urban and rural parts of the country.

    In July 2020, more than 1.3 billion people will have lived in India. Women constitute 48% of this large figure. Women account for 19% of India’s total labor force. Around 3.8% are CEOs and Managing Directors of listed companies in India. This number has seen a slight uphill from 3.2% in 2014.

    Whereas only 8% women are found to be in top management positions, 13.8% women are board of directors in companies listed on the NSE. Chief Human Resource Officers, a global domain where countries like the US and South Africa overrule positions, and India is still trying to reach a mark, women attributes are only 30%.


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    According to Fortune magazine, Listed below are the top 10 women in corporate India who are shattering the corporate glass ceiling

    • Nita Ambani- Non-Executive Director, Reliance Industries, Co-owner, Mumbai Indians
    • Zia Modi- Co-founder, AZB & Partners
    • Kiran Mazumdar Shaw- Executive Chairperson, Biocon
    • Suneeta Reddy- Managing Director, Apollo Hospitals Enterprise
    • Renu Sud Karnad- Managing Director, HDFC
    • Samina Hamied- Executive Chairperson, Cipla
    • Vinita Gupta- CEO, Lupin
    • Kallie Puri- Vice Chairperson, India Today Group
    • Ashu Suyash- Managing Director and CEO, CRISIL
    • Roshni Nadar Malhotra- Chairperson, HCL Technologies

    Smita V Krishna has been named the richest women in India with a net worth of 434 billion INR and Kiran Mazumdar Shaw was named India’s richest self made women and was ranked third in the overall ranking in 2019.

    While we cannot stop raging about how Indian women are reigning top positions, we cannot forget the dip in the total female labor participation. One would rejoice as the country’s GDP has grown over 6% from 2014 resulting in more employment opportunities, but there has been a considerable decline in the rate of female labor participation, from 42% in 2005 to 23% in 2018.

    It is as if half the female workforce just dissolved themselves. This could be a huge concern to the Indian Ecosystem, since it has abundant labor power and according to one estimate, India has the potential to grow its GDP by $2.9 trillion USD by 2050.


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    Women in Indian Parliament

    In 2019, only 78 of 542 seats in the lower house of the Parliament were filled by women. This is a record high figure. However, this percentage amounts to only 14% which is still a long way from equivalence.

    Strength of Women in Lok Sabha
    Strength of Women in Lok Sabha

    Stats Around the Globe

    The global participation of women in senior management has grown to 29%, the highest number ever recorded. In 2020, it maintains the status quo. 87% of global mid-market companies have at least one woman in a senior management role in 2020.

    The women employees seem to crowd the areas like administration and support functions, while men are deep into Operations, R&D, P&L, qualities that are often reviewed for positions for CEO and Board of directors. Around the globe, 40% of women are Human Resource Directors, 17% are chief marketing officers and 16% are Chief Information Officers.


    The Challenges Women Face as Entrepreneurs
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    Reasons for declining numbers of Female workers in India

    Although Indian women are resiliently grabbing a chance at education, it seems that not many of them are looking forward for paid work. As said earlier, women, especially married and from rural towns, have no agency when it comes to the decision of taking up a paid job.

    Many families believe that men are the primary breadwinners. This assumption is keeping women devoid work and are confined to schooling kids at home and taking care of the elderly. The gender roles are so engraved in our society that women are calling it quits and returning home to take care of their families.

    Apart from this, gender pay gap, sexual harassment and proximity to work are major reasons why female workers don’t engage themselves in paid jobs.

    FAQ

    What percentage of the workforce is female in India?

    19.9% of the workforce is female in India.

    Who is the first woman CEO in India?

    Indra Nooyi is the CEO of Pepsi and ranked as the world’s 100 most powerful women.

    Who is the Highest paid female CEO?

    Lisa Su is the highest paid female CEO according to the Associated Press’ annual report on CEO salaries.

    Who is the most powerful woman in India?

    The non-executive director of Reliance Industries Nita Ambani is the powerful woman in India.

    Conclusion

    India is far from parity when it comes to gender based policies. We have to get better at giving women the agency and opportunities, and in such a way that women don’t hesitate to accept jobs and excel in their fields. Women contribute to nearly half the country’s population.

    We need to believe in the female workforce to accelerate the growth of Indian economy. We hope that more women empower themselves by not just being a meal maker but by becoming a meal earner.