Key Points
Womens workforce representation in managerial and decision making roles (senior manager/GM and above) in India has declined from 39% in FY21 to 34% in FY24, according to data from over 300 mid-market businesses ($50 million to $1 bln) put together by professional services firm Grant Thornton Bharat...
Satya Jha, Chief Business Officer at Grant Thornton Bharat, said: "India Inc needs to work towards achieving parity by taking actionable steps and following a well-defined strategy...
Pallavi Joshi Bakhru, Partner and the India-UK Corridor Leader at Grant Thornton Bharat, pointed out the crucial role of education and workforce participation in inclusion of more women right from the entry-level in the workforce...
The data also highlights varying levels of DE&I leadership across other roles, with Chief Operating Officers (COOs), Chief Finance Officers (CFOs), and Human Resources Directors also playing crucial roles..
The survey findings suggest that working practices play a crucial role in shaping the representation of women in senior management positions and emphasises the role of flexible work models to retain women in the workforce..
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