MUMBAI: India Inc appears to have moved the needle on gender diversity over the past four years. An average of seven sectors that a study by Avtar Group covered shows womens representation has risen from 18.7% in 2016 to 25.7% in 2019, and it is expected to cross 26% this year. Avtar is a leading diversity and inclusion (D&I) firm.
The report is based on data from across 353 companies that employ more than 10 lakh women.
Sector-wise, its a mixed bag though. Consulting, fast-moving consumer goods and information technology and information technology-enabled services (IT and ITeS) are expected to inch up on the percentage of womens representation in 2020 while pharmaceuticals and hospitality could see a dip.
Saundarya Rajesh, founder president of Avtar, said, “Consulting industry has a greater diversity consciousness. With more women pursuing MBAs, the FMCG sector has enhanced its gender diversity quotient. On the other hand, manufacturing, which is the lowest in terms of womens representation (8% in 2019), is expected to bounce back this year to over 10%. The initial blip in womens representation in manufacturing could be an effect of market coRead More – Source