Women Intrepreneurship in India


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Women Intrepreneurship in India

  1. 1. DEFINITION Women Entrepreneurs may be defined as the women or a group of women who initiate, organize and operate a business enterprise. Government of India has defined women entrepreneurs as an enterprise owned and controlled by a women having a minimum financial interest of 51% of the capital and giving at least 51% of employment generated in the enterprise to women.
  2. 2. Qualities of A Women Entrepreneur INDRA NOOYI • Ability to learn quickly from her abilities, her persuasiveness- quick learner. • Open style of problem solving. • Willingness to take risks and chances. • Ability to motivate people. • Knowing how to win and lose gracefully.
  3. 3. FACTORS AFFECTING WOMEN ENTRERENEUR 1. 2. 3. 4. 5. 6. 7. 8. Economic Independence Establishing Identity Motivation Family Support Availability Of Funds Greater Freedom And Mobility Developing Risk Taking Ability Building Confidence MALLIKA SRINIVASAN
  4. 4. WHY DO WOMEN TAKE-UP EMPLOYMENT? Push Factors Death of bread winner Sudden fall in family income Permanent inadequacy in income of the family Pull Factors Women’s desire to evaluate their talent To utilize their free time or education Need and perception of Women’s Liberation, Equity etc. To gain recognition, importance and social status. To get economic independence
  5. 5. DIRECT & INDIRECT FINANCIAL SUPPORT 1. Nationalized banks 2. State finance corporation 3. State industrial development corporation 4. District industries centers 5. Differential rate schemes 6. Mahila Udyug Needhi scheme 7. Small Industries Development Bank of India (SIDBI) 8. State Small Industrial Development Corporations (SSIDCs) 9. Bharathiya Mahila Bank (BMB)
  6. 6. TECHNOLOGICAL TRAINING AND AWARDS 1. Stree Shakti Package by SBI 2. Various training programmes by Entrepreneurship Development Institute of India 3. Trade Related Entrepreneurship Assistance and Development (TREAD) 4. National Institute of Small Business Extension Training (NSIBET) 5. Women’s University of Mumbai
  7. 7. FEDERATIONS AND ASSOCIATIONS 1. 2. 3. 4. National Alliance of Young Entrepreneurs (NAYE) India Council of Women Entrepreneurs, New Delhi Self Employed Women’s Association (SEWA) Association of Women Entrepreneurs of Karnataka (AWEK) 5. World Association of Women Entrepreneurs (WAWE) 6. Associated Country Women of the World (ACWW)
  8. 8. PROBLEMS OF WOMEN ENTREPRENEURS 1. 2. 3. 4. Dual role to play at workplace & at home place Subordinate to men: Male dominated society Just that her being women : De motivated Non-awareness of facilities provided by government 5. Competition with large scale units 6. Problems related to marketing
  9. 9. PROBLEMS OF WOMEN ENTREPRENEURS 1. 2. 3. 4. 5. 6. 7. Financial Problems Credit Facilities Problem of Middlemen Lack of Access to technology Lack of self-confidence Lack of training Credit Facilities
  10. 10. A Statistical Analysis on Issues and barriers faced by women entrepreneurs in the growth process
  11. 11. WOMEN WORK PARTICIPATION Country Percentage India (1970-1971) 14.2 India (1980-1981) 19.7 India (1990-1991) 22.3 India (2000-2011) 31.6 USA 45 UK 43 Indonesia 40 Sri Lanka 35 Brazil 35
  12. 12. Examples: Successful Women Entrepreneurs
  13. 13. Indra Nooyi Strong-willed, with an acute acumen for financial strategizing, Nooyi is the CFO and President of PepsiCo. Her strong acumen for business has helped the company garner as much as 30 billion dollars worth of crucial deals within the last couple of years. With a Masters Degree in Public Management from Yale University and Masters in Finance and Marketing from IIM, Kolkata, Nooyi held several senior positions at Motorola and Asea Brown Boveri before joining PepsiCo. Indra Nooyi – the most well-known face amongst Indian women entrepreneurs (Image:
  14. 14. Naina Lal Kidwai From being Head of Investment Banking at ANZ Grindlays during 1982-1994 to Vice Chairman JM Morgan Stanley, Naina Lal Kidwai is one of the most successful and famous Indian businesswomen of today. The first Indian woman to graduate from the elite Harvard Business School, she is currently Country Head and Group General Manager HSBC Group India. Apart from working at HSBC, Kidwai has also held other eminent positions such as that of Global Advisor, Harvard Business School, nonexecutive director at Nestle SA and as a member of Governing Board NCAER, Auditor General of India and several other positions. Naina has received the distinguished Padma Shri award for her contributions in the segment of Trade and Industry. Naina Lal Kidwai – one of the most successful Indian women entrepreneurs
  15. 15. Kiran Mazumdar Shaw Kiran Mazumdar Shaw is one of the richest women in India studied zoology at Bangalore University and brewery at Ballarat University. She started her career as trainee brewer at Carlton & United Beverages in 1974. Four years later she started her own company, Biocon, in her garage with an investment of Rs 10000. Three issues –biotechnology was nascent at the time in India, she was a woman and her organization had almost nil assets – made financial institutions turn down her loan application. However, with hard work and commitment, Shaw transformed Biocon into one of the leading biopharmaceutical firms in India. Kiran Mazumdar Shaw – From humble beginnings to being the richest woman in the country!
  16. 16. Indu Jain This multi-faceted lady used to be the Chairman of The Times Group – the most powerful and the largest media house India has known. Indu Jain is known by many different identities such as that of a spiritualist, humanist, entrepreneur, an aficionado of culture and the arts, an educationalist but her most prominent and eminent role has been that of Chairman Times Group. Indu Jain – the perfect picture of the successful Indian woman entrepreneur
  17. 17. Priya Paul Armed with a Bachelor’s degree specializing in Economics from the Wellesley College in US, Priya Paul, entered the family business and is currently Chairperson, Apeejay Park Hotels. The Apeejay Surrendra Group has many different subsidiaries such as hotel, tea, retail, shipping, financial services and real estate. Her contributions in the segments of commerce and industry and her efforts have been recognized through various citations and awards – Young Entrepreneur of the Year award from the Federation of Hotels and Restaurants Association of India, Businessperson of the Year, Economic Times Awards and the Park Hotel being rated as one amongst the best 101 Hotels Worldwide by ‘Tatler’ magazine in the UK. Priya Paul – one of the most prominent personas amongst women entrepreneurs of India
  18. 18. Sulajja Firodia Motwani Sulajja Firodia Motwani, the Joint Managing Director of Kinetic Motors and Managing Director Kinetic Finance, is responsible for Kinetic’s transformation from a moped company to a manufacturer of great versatility. Sulajja has single-handedly designed and developed marketing strategies to spearhead the company’s growth forward. The recent collaboration with Italjet Moto has provided Kinetic complete rights to launch 7 brand new models of scooters in India. India Today has honored Sulajja by naming her the ‘Face of the Millennium’ and she has been selected as the ‘Global Leader of Tomorrow’ by the World Economic Forum. Sulajja Firodia Motwani – Responsible for singlehandedly changing the face of Kinetic as we know it today
  19. 19. Simone Tata Holding the coveted title of being the ‘cosmetics czarina of India’ Simone Tata has been instrumental in changing a small subsidiary of Tata Oil Mills into the largest cosmetic brand in India – Lakme, synonymous today with Indian fashion. She became part of Lakme during 1961 and has been responsible for the metamorphosis of the company into the biggest brands of fashion in India. She became Chairperson of the company during 1982 and is now the Chairperson of Trent Limited, a subsidiary of the Tata group. Simone Tata – the force behind Lakme as we know it today
  20. 20. Neelam Dhawan Neelam Dhawan, the Managing Director of Microsoft India and is the head of marketing and sales operations of the company throughout India. At the start of her career she yearned to be a part of major players in the FMCG space such as Asian Paints and Hindustan Lever. Unfortunately, these organizations did not want a woman to be a part of their marketing and sales efforts and hence she was rejected at the time. Before joining Microsoft, Neelam has been part of many prominent companies such as IBM, HP as well as HCL. Neelam Dhawan – from initial rejection in sales and marketing to heading Microsoft’s sales marketing division, Neelam has come a long way
  21. 21. Ekta Kapoor Love them or hate them, you just cannot ignore Balaji serials and Ekta Kapoor is the woman who singlehandedly founded and made Balaji Telefilms the household name it is today. This baby-faced teenager, who once dreamed of marrying and settling down just like any other woman in India, is the creative head of Balaji Telefilms and counted as one of the top 10 women entrepreneurs of today. Her production house has many hit serials to its credit – ‘Kyunki Saas Bhi Kabhi Bahu Thi’, ‘Kahani Ghar Ghar Ki’ and many others, making her the Queen Bee of the Indian soap opera scene. She has won the Hall of Fame award at the 6th Indian Telly Awards during 2006 for her contribution to the Indian television industry. Known to be fiercely protective of her company and brand, Ekta is also very professional and has strong business acumen. Ekta Kapoor – the woman who changed the face of Indian television
  22. 22. Mallika Srinivasan Mallika Srinivasan, currently the Director TAFE India, was honored with the title of Businesswoman of the Year during 2006 by the Economic Times. She joined the company in 1986 and has since been responsible for accelerating turnover from 85 crores to 2900 crores within a span of two decades. Mallika has an MBA from Wharton School of Business, Pennsylvania. Mallika Srinivasan – responsible for spearheading TAFE’s growth and revenue potential
  23. 23.  Naina Lal Kidwai, Investment Banker  Fortune magazine listed her as one of the world’s most powerful business women in 2003.  India Inc recognises her as one of its most powerful investment bankers.  But Naina Lal Kidwai, HSBC’s deputy CEO, can’t be reduced to simple woman-banker equations; her professional vision transcends gender
  24. 24. • Shahnaz Husain, Herbal Beauty Queen • She’s the "Estee Lauder of India", with even famous department stores like Galleries Lafayette in Paris, Harrods and Selfridges in London and Bloomingdales in New York stocking her cosmetics, creams and lotions.
  25. 25.  Lalita Gupte, Banker  She has created a formidable global presence of what was once a native development finance institution.  Account-holders can now bank at ICICI branches in UK, the Far East, West Asia and Canada.  With ICICI since 1971, Gupte was the first woman to be inducted on the board in 1984.
  26. 26. THANK YOU