Representation of women in Indian companies raises by 30%

Representation of women in Indian companies raises by 30%

According to the Zinnov-Intel Gender Diversity Study 2019, Gender diversity and mentoring programmes for women, implemented by companies across India have worked wonderful on gender diversity ratios.

The study by management consulting firm Zinnov, in collaboration with Intel India has shown that women representation in corporate India has increased by 30% from 21% now, with higher representation in non tech roles (31%) over tech roles (26%). However, only 11% of senior leaders are women, compared with 20% in mid-level roles and 38% in junior roles, it said.

The number of women on company boards has increased from 5% in 2012 to 13% in 2018, the study said, which evaluated 60 companies, including global capability centres (GCCs), technology service providers and startups, and analyzed various organisational policies and practices. Because of the mandate of having at least one woman on every company’s board of directors boosted the women friendly environment.

Large firms, the study said, have the highest gender representation at 33%, while medium-sized ones have 27%, and small companies only 21%. About 25% of the employees of global multinational corporations, or MNCs (organizations of international origin that have a presence in India), are women, while women make up only 30% of the workforce in domestic MNCs and 31% in non-MNC firms.

Gender diversity is higher in tier-I cities at 31%, while it is around 25% in tier-II and tier-III cities. Bengaluru leads with 34%, followed by Mumbai with 33% and Pune 32%.

It also revealed that the increase in gender diversity ratios is steepest in the non-MNC category, especially in startups. Startups typically do not focus on gender-based hiring when at small scale, as they aim to quickly take on the best talent regardless of gender, the study added.

Intel India has made efforts to reduce the gender gap, as a result of which 25% of its employees are women. “At Intel India, our gender diversity efforts go beyond hiring, retention and development of talent, to also include supporting women innovators and entrepreneurs and strengthening the technical pipeline to encourage more women to enter and succeed in the workplace,” said Nivruti Rai, country head, Intel India, and vice-president of the Data Center Group, Intel Corp.

“A key initiative that we have taken up in this space is Be-WISE (Women Innovators, Social Leaders and Entrepreneurs), which aims to accelerate inclusive participation of women in the workplace,” she said.

“We have 26% women in the senior leadership team, and we are working towards increasing that,” she said.