Namita Vikas (F)
Founder and Managing Partner
Women empowerment is not just a business case, but smart economics, backed by data including substantial CAGR (compounded annual growth rate) growth within women-led businesses. According to an Economic Times' study, Indian companies headed by women have grown by a CAGR of almost 35% compared with 21% registered by the BSE-30. Parliaments with more women have delivered on a wide range of policies related to health, education, anti-discrimination and child support, embedding real progress. A study by McKinsey Global Institute states that equal participation by women in the workforce on a best-case scenario basis would add up to 28 trillion USD or 26%, to annual global GDP by 2025, compared with a business-as-usual scenario. The world needs a mindset change. One that not only closes the gender gap but also, is able to encourage and support women throughout their life cycle. Thus, uplifting women leaders and providing gender justice, towards a sustainable future.