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Women
    Entrepreneur in
         India

Business Ethics & Corporate
       Governance
Defining Women Entrepreneur
“An enterprise owned and controlled by a women
     having a minimum financial interest of 51% of
     capital and giving at least 51% of the
     employment generated by the enterprise to
     women.”
                                 - Government of India

“A women entrepreneur can be defined as a confident,
     innovative and creative women capable of
     achieving self economic independence
     individually or in collaboration, generates
     employment opportunities for others through
     initiating, establishing and running the
     enterprise by keeping pace with her personal,
     family and social life.”
                                          - Kamal Singh
Importance of WE
• 50% of the population
• Traditionally outside the domain of
  economic activities
• They must be made part of the economic
  development, because it will not only
  ensure the economic & social development
  of the women along with providing more
  human resources to strengthen the
  economy of the country.
• The economic status of women is now
  accepted as an indicator of a society’s
  stage of development.
“ When women move forward, the
  family moves, the village moves and
  the Nation moves.”
             -Pandit Jawahar Lal Nehru
Factors influencing women
          entrepreneurs
•   Economic independence
•   Establishing their own creativity
•   Establishing their own identity
•   Achievement of excellence
•   Building confidence
•   Developing risk-taking ability
•   Motivation
•   Equal status in society
•   Greater freedom and mobility
Status of WE
• Traditionally W had insignificant role
• 1970s witnessed some of the W entering the no-women’s
  land of business entrepreneurship, risk taking and financial
  adventure.
• According to official stats 50% of population own & operate
  less then 5% of economic activity.
• Their participation is 60% in SSI, 15% in large and rest in
  cottage & micro segment. They work primarily in sectors
  such as trade & services to tailoring, beauty parlors, and
  printing. Their participation in manufacturing is minimal.
• However, their contribution is much greater then shown in
  stats because much of it is in informal sector & household.
• Women contribution paradox.
• Presently W from every strata of the society from metros to
  the backward regions of the country are entering.
• The trend has arisen mainly because of the
  changes in the social attitude, breakup of the
  traditional joint family system, rising standard of
  living, opportunities for higher education for W,
  growing awareness for economic independence,
  consciousness of their potential, and credit &
  other facilities provided by the G & NG
  organizations.
• Future knowledge economy will make it possible
  for woman to contribute to economic activities
  along with keeping pace with their multiple
  responsibilities & socio cultural & bio disabilities.
Challenges in the path of WE
• The essence of E requires- the existence of economic
  opportunity, sympathetic cultural forces, supportive
  Government action and strong personal values &
  traits.

• These facilitating factors are certainly not in favor of
  Women. It is relatively easier for W from upper
  strata to face above challenges. But it is a real
  challenge to bring the vast majority of disadvantaged
  into the mainstream of economic activity.

• Basically it is the familial & social conditioning that
  reduces the confidence, independence & mobility of
  women; and
• Insensitivity to the gender issues – that result into
  problems in the way of WE.
Challenges in the path of WE - Women
     Entrepreneurship Environment
• The overall context of We can be described into
  three spheres:
• Micro sphere: unequal power relation with men;
  male possessiveness & dominance; social
  resistance to women’s economic environment.
• Meso sphere: organizations providing support
  services to E are lacking awareness about
  women’s concerns & insensitive towards gender
  issues.
• Macro sphere: comprises many interconnecting
  structures & dynamics, including laws and
  regulations, economy, international trade,
  availability of finance & credit, labor market
  human capital, tech, physical infrastructure &
  natural resources.
Challenges in the path of WE
• Lack of skills & Training
• Lack of confidence
• Problems of long term & short term
  finance
• Socio-cultural barriers
• Production problems
• Inefficient marketing arrangements
Strategies for the development of WE
• Overcoming family resistance
• Shouldering dual responsibility & Time Management
• Acquire education, Skills & go for confidence building
  trainings
• Financial assistance
• Effective & efficient use of IT
• Marketing Support
• Financial Management
• Group entrepreneurship
• Programs and policies taking in to consideration special
  needs and concerns of Women
• Mentorship support (SHGs)
Institutions supporting WE in India
• Consortium of WE in India
• Federation of Indian women entrepreneurs
• Federation of Ladie’s Organization (FLO)
• Women India Trust
• Special Schemes by Banks: Cent Kalyani
• NABARD
• State Government’s Scheme for Development of
  Women and Children in rural areas
• SIDBI
• Self-Employed Women’s Association (SEWA)
Some Eminent WE
•   Vidya chabria
•   Anu aga
•   Sullajja Firodia Motwani
•   Ekta Kapoor
•   Kiram Mazumdar Shaw
•   Shahnaz Hussain
•   Ritu kumar
•   Amrita Patel
•   Priya Paul
•   Swati Piramal
•   Anuradha Desai
Women Organizatios
       Supporting WE
• Shri Mahila Griha Udyog Lijjat Papad;
  www.lijjat.com
• Mahila Bunkar Sahakari Samitiu, UP
• SABAL: Crafting Exports of Indian
  Handicrafts; www.sabalaindia.com
• www.indiatogether.org
Assignment
• Choose any successful women
  entrepreneur in India, study her
  profile and discuss in your group the
  challenges she has faced and find out
  how she has overcome the same.
Assignment
• Choose any successful entrepreneur
  from your nearby location, study his
  profile and discuss with him the
  challenges he has faced and find out
  how he has overcome the same.
• Also find from him what he learnt
  from his mistakes?

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  • 1. Women Entrepreneur in India Business Ethics & Corporate Governance
  • 2. Defining Women Entrepreneur “An enterprise owned and controlled by a women having a minimum financial interest of 51% of capital and giving at least 51% of the employment generated by the enterprise to women.” - Government of India “A women entrepreneur can be defined as a confident, innovative and creative women capable of achieving self economic independence individually or in collaboration, generates employment opportunities for others through initiating, establishing and running the enterprise by keeping pace with her personal, family and social life.” - Kamal Singh
  • 3. Importance of WE • 50% of the population • Traditionally outside the domain of economic activities • They must be made part of the economic development, because it will not only ensure the economic & social development of the women along with providing more human resources to strengthen the economy of the country. • The economic status of women is now accepted as an indicator of a society’s stage of development.
  • 4. “ When women move forward, the family moves, the village moves and the Nation moves.” -Pandit Jawahar Lal Nehru
  • 5. Factors influencing women entrepreneurs • Economic independence • Establishing their own creativity • Establishing their own identity • Achievement of excellence • Building confidence • Developing risk-taking ability • Motivation • Equal status in society • Greater freedom and mobility
  • 6. Status of WE • Traditionally W had insignificant role • 1970s witnessed some of the W entering the no-women’s land of business entrepreneurship, risk taking and financial adventure. • According to official stats 50% of population own & operate less then 5% of economic activity. • Their participation is 60% in SSI, 15% in large and rest in cottage & micro segment. They work primarily in sectors such as trade & services to tailoring, beauty parlors, and printing. Their participation in manufacturing is minimal. • However, their contribution is much greater then shown in stats because much of it is in informal sector & household. • Women contribution paradox. • Presently W from every strata of the society from metros to the backward regions of the country are entering.
  • 7. • The trend has arisen mainly because of the changes in the social attitude, breakup of the traditional joint family system, rising standard of living, opportunities for higher education for W, growing awareness for economic independence, consciousness of their potential, and credit & other facilities provided by the G & NG organizations. • Future knowledge economy will make it possible for woman to contribute to economic activities along with keeping pace with their multiple responsibilities & socio cultural & bio disabilities.
  • 8. Challenges in the path of WE • The essence of E requires- the existence of economic opportunity, sympathetic cultural forces, supportive Government action and strong personal values & traits. • These facilitating factors are certainly not in favor of Women. It is relatively easier for W from upper strata to face above challenges. But it is a real challenge to bring the vast majority of disadvantaged into the mainstream of economic activity. • Basically it is the familial & social conditioning that reduces the confidence, independence & mobility of women; and • Insensitivity to the gender issues – that result into problems in the way of WE.
  • 9. Challenges in the path of WE - Women Entrepreneurship Environment • The overall context of We can be described into three spheres: • Micro sphere: unequal power relation with men; male possessiveness & dominance; social resistance to women’s economic environment. • Meso sphere: organizations providing support services to E are lacking awareness about women’s concerns & insensitive towards gender issues. • Macro sphere: comprises many interconnecting structures & dynamics, including laws and regulations, economy, international trade, availability of finance & credit, labor market human capital, tech, physical infrastructure & natural resources.
  • 10. Challenges in the path of WE • Lack of skills & Training • Lack of confidence • Problems of long term & short term finance • Socio-cultural barriers • Production problems • Inefficient marketing arrangements
  • 11. Strategies for the development of WE • Overcoming family resistance • Shouldering dual responsibility & Time Management • Acquire education, Skills & go for confidence building trainings • Financial assistance • Effective & efficient use of IT • Marketing Support • Financial Management • Group entrepreneurship • Programs and policies taking in to consideration special needs and concerns of Women • Mentorship support (SHGs)
  • 12. Institutions supporting WE in India • Consortium of WE in India • Federation of Indian women entrepreneurs • Federation of Ladie’s Organization (FLO) • Women India Trust • Special Schemes by Banks: Cent Kalyani • NABARD • State Government’s Scheme for Development of Women and Children in rural areas • SIDBI • Self-Employed Women’s Association (SEWA)
  • 13. Some Eminent WE • Vidya chabria • Anu aga • Sullajja Firodia Motwani • Ekta Kapoor • Kiram Mazumdar Shaw • Shahnaz Hussain • Ritu kumar • Amrita Patel • Priya Paul • Swati Piramal • Anuradha Desai
  • 14. Women Organizatios Supporting WE • Shri Mahila Griha Udyog Lijjat Papad; www.lijjat.com • Mahila Bunkar Sahakari Samitiu, UP • SABAL: Crafting Exports of Indian Handicrafts; www.sabalaindia.com • www.indiatogether.org
  • 15. Assignment • Choose any successful women entrepreneur in India, study her profile and discuss in your group the challenges she has faced and find out how she has overcome the same.
  • 16. Assignment • Choose any successful entrepreneur from your nearby location, study his profile and discuss with him the challenges he has faced and find out how he has overcome the same. • Also find from him what he learnt from his mistakes?