Women In Leadership In Corporate India : Report
A recent report titled “Women in Leadership in Corporate India” by networking platform has shown a persistent underrepresentation of women in leadership positions across Indian corporates.
- The percentage has remained stagnant below 30% for a considerable period.
Findings of the Report:
- Women representation across the workforce and in senior leadership positions is below 30% all the time, and is on a declining trend post-pandemic.
- This can be attributed to the slowdown in fresh hires of women for leadership roles.
Women in Leadership Lowest, Moderate and Highest in Sectors:.
- Lowest Representation: Construction, Oil, Gas, and Mining, and Utilities (11%), Wholesale and Manufacturing(12%), and Accommodation and Food Services (15%).
- Slightly Better (12%): Wholesale, Manufacturing
- Moderate Representation: Technology, Information & Media, Financial Services (19%)
- Highest Representation: Education (30%) and Government Administration (29%)
- Breaking the Law: Reports show that laws such as the Companies Act, 2013, which mandates women directors on company boards, are not being followed strictly.
- Between April 2018 and December 2023, 507 companies were fined for flouting this norm. Of them, 90% were listed companies.
