Women in entrepreneurship can generate transformational employment in India and generate 150–170 million jobs, which is more than 25 per cent of the new jobs required for the entire working age population by 2030, a joint report by Bain & Company and Google said on Tuesday.
"In spite of India''s economic progress in the last decade, women''s participation in the labour force has declined and is expected to be under pressure due to labour trends, technological disruption and constraining social barriers," said lead author Megha Chawla,
Partner, Bain & Company.
"Unlocking entrepreneurship amongst women in India is a complex effort, but it provides an unprecedented opportunity to change the economic and social trajectory of India and its women for generations to come,""This will drive tremendous job creation and also deliver transformational social and personal outcomes for women," she added.
By creating jobs, fuelling innovation and furthering investment in health and education, entrepreneurship among women could transform of India’s economy and society.