India Has Highest Number of Successful Female Entrepreneurs


India Has Highest Number of Successful Female Entrepreneurs

BENGALURU: The world is just done with the International Women’s Day celebration. It is not very often that we acknowledge the women around us unless it is a day like this. That is not to say that women are lagging behind. In fact it was observed that almost half of the entrepreneurs in India are women. Indian women are much ahead when compared to women in other countries as reported by TOI.

India was ranked first in a recent Global Entrepreneurialism Report conducted by international bank BNP Paribas. India topped the list of countries with highest percentage of successful women entrepreneurs. India performed better than France and Hong Kong.

There has been a significant change in the substantial female entrepreneurs in India. Thanks to the government support and increasing potential in women that resulted in such positive business environment.

Also breaking the myth that women are only good at designing, fashion and handicrafts industries, it is proved that women are tapping all the industries that come their way. However there is a need for the government to set up incubation centers for commercial activity and gain confidence to move further up in their business and look into expansion.

Around 69 percent of women entrepreneurs in India start up a business in sectors such as retail, finance, real estate, technology and fashion. There are readily available funds for women from banks and other financial institutions. And the government also encourages the women to invest in a business especially in micro and small enterprises. It would be really beneficial to bring the rural women into the mainstream business. Rural women, who are efficient to manufacture handicrafts, can sell their products to the right customer at the right price.

Also Read: Women Who Made Their Mark As Entrepreneurs
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