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Three years ago, in a conversation with a female investor in Southeast Asia, she said that if restaurants needed more female chefs in their kitchens, they should make lighter tableware suitable for women to lift, rather than criticize. He argued that there was room for debate. A woman who cannot lift heavy utensils. Indeed, if we want more Indian women to join the India Inc. profession, it’s time to stop telling women to adapt to a male-dominated workplace, and the workplace itself will change. It is true that the time has come. This will further increase the inclusion of women in the workplace, allowing them to take on more executive roles and further increasing equality in the workplace.
Having said that, women’s participation in the workplace is increasing and has been in high demand from India Inc. over the past few years. A 2023 report suggests that demand for women in white-collar jobs will soar by 35%. Currently, the highest demand for women in the workforce is in the ITES/BPO industry (36%), followed by IT/computer software (35%) and banking/accounting/financial services (22%). In India, around 43 per cent of STEM graduates are women. In contrast, other developed countries such as the United States, Canada, and the United Kingdom have fewer women, at 34 percent, 31 percent, and 38 percent, respectively. This is also a key factor in increasing the participation of women in IT and technology-related roles. Meanwhile, women’s entrepreneurship is also being boosted with a whopping 70% of Mudra Yojana loans being distributed to women entrepreneurs.
In the annual publication Shepreneurs, currently in its ninth edition, these areas range from business, finance, education, sports, arts, entertainment and culture. Shepreneurs shares stories of successful women across the country who have carved out a niche for themselves while providing endless inspiration to other women entrepreneurs to lead change. These women include entrepreneurs, mass shooters, CEOs of large corporations, and more. Company founders and conglomerates from fast-growing sectors share their learnings from a variety of industries including fintech, software, technology, healthcare, and pharmaceuticals.
This issue also covers technologies such as the Metaverse and AI. The Metaverse has also found applications in the manufacturing and logistics industries, and is currently attracting attention as an industrial Metaverse. While the Industrial Metaverse has been widely adopted around the world, it is in its infancy in India, where it is seen as the future of manufacturing and the market is expected to grow by 33.6% between 2023 and 2030. Growing at a CAGR.
We also cover the latest industry trend: artificial intelligence (AI). One area where AI is being actively implemented is the automotive industry. See how AI is transforming vehicle design, production, and operation. This issue digs deeper into that.
In 2023, a total of 57 IPOs were issued raising Rs 49,437 crore, while in 2022, 40 IPOs raised Rs 59,939 crore. This issue focuses on the top 10 IPOs scheduled for 2024-25.
We will also focus on the disabled population and start-ups that cater to disabled people. In India, 2.21 percent of the total population has disabilities. This percentage may seem trivial, but the number is 121 million. In this issue, we explore the opportunities, challenges and path forward for this segment.
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