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.
According to Grant Thornton Bharat’s Women in Business report, companies are opting for diversity and inclusion as a top-to-bottom business strategy