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With more women in senior management positions, along with a higher diversity on board, businesses are exploring new opportunities for growth. According to Grant Thornton Bharat’s latest survey, mid-market companies are opting for diversity and inclusion as a top-to-bottom business strategy, with women in the CEO/MD roles growing to 55% in 2022 from 7% in 2017.
“The fact that India is way ahead of the global average and from a low base five years ago, shows how much progress is possible in a short period of time. With a substantially higher number of women taking up leadership roles in the Indian mid-market companies, I am confident this trend will lead to further gender parity,” said Vishesh C. Chandiok, CEO, Grant Thornton Bharat.