Bengaluru: . According to survey based forecasts women business owners could create over 150-million jobs (15 crores) in India by 2030, Archana Rai, Editor-South, The Economic Times, said on Wednesday.
Speaking on ‘Women Entrepreneurship: Challenges and Action Needed’ at the BTS-2021 session, she told, women in tech field are still on a down slope, despite studies highlighting that spiraling of the quantity and quality of women entrepreneurship has the potential to create over 30 million women-run enterprises. She pointed out, over the past decade, women-owned enterprises have increased from 14% to 20%, according to government estimates.
Vineeta Singh, Co-founder & CEO of SUGAR Cosmetics said, “It [WE] can really start this flywheel where there are a lot more fun days and more money going to businesses which employ more women and serve more women and that’s likely would then be a lot more unstoppable.”
“The presence of women as entrepreneurs is playing a prominent role in society, generating more employment opportunities and a major source of inspiration for others in our country. Start-ups run by them, promote women empowerment as they tend to employ more women, leading to balanced growth,” she opined
Sakshi Chopra, MD, Sequoia Capital observes that women in Tier II and Tier III cities are more entrepreneurial, coming from possibly business families.
The stories of successful entrepreneurs in the public domain are encouraging and mentoring younger ones to overcome the gender agnosticism in this tech-supported Bengaluru is required, as pointed out by the panelists.
“Women founders are good, or even better, than men founders. Meaningful businesses that women are providing enhance a greater narrative and celebrating small wins gives more confidence, said Meena Ganesh, Co-Founder. Chairperson & MD of Portea Medical.
