Women-led Enterprises Can Create 17 crore Jobs: Report A joint report by Bain & Company and Google emphasizes that fostering women entrepreneurship can help generate employment for up to 170 million or 17 crore people by 2030

By Shipra Singh

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Women Entrepreneurship In India Report

Women entrepreneurship can help solve the pressing challenge of unemployment that India is grappling with, shows a report released by Bain & Company in collaboration with Google.

Titled "Women Entrepreneurship in India—Powering The Economy With Her', the report emphasizes that fostering women entrepreneurship can help generate employment for up to 170 million or 17 crore people by 2030, which is more than 25 per cent of the new jobs required for the entire working age population, from now until 2030.

"Enabling women entrepreneurs to start up and scale could, by 2030, increase direct employment by around 50 million to 60 million people and increase indirect and induced employment of another 100 million to 110 million people," said Megha Chawla, Bain & Company partner and a lead author of the report.

Currently, women own an estimated 15.7 million businesses—20 per cent of the total businesses in the country—,which employ about 22 million to 27 million people in India. In comparison, developing countries such as Indonesia, Vietnam and Russia have over 30 per cent women-owned enterprises, whereas developed countries such as the US and Canada have ~40 per cent women-owned businesses.

How to Foster Women Entrepreneurship

"Women entrepreneurship directly affects income, employment and capital formation while indirectly benefitting household-level resource allocation. Supporting women entrepreneurs not only improves their livelihood but also creates jobs," said Chawla in the report.

But what should be done to foster women entrepreneurship?

The report outlines four key opportunity areas that can unlock the potential of women entrepreneurship.

  • Level the playing field for high impact entrepreneurs—who generate annual revenue or employment growth of more than 20%
  • Enable ambitious solopreneurs and small business owners to become high-impact entrepreneurs
  • Expand the funnel to encourage more women to start businesses
  • Build and scale productive rural agripreneurs

Source: Women Entrepreneurship in India

Shipra Singh

Entrepreneur Staff

Freelance Journalist

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business Solutions

ChatGPT Isn't Cutting It for Busy Professionals Anymore

Find out where they're turning instead.

Business Solutions

Get a Lifetime of Powerful PDF Tools That Won't Give You a PDF Headache

Banish frustrating PDF issues forever and just breeze through all of the old problems with editing, formatting, converting, annotating and more.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

Growing a Business

The Training (and Business) Philosophy That Sets This Self-Defense Studio Apart

At Nomad Krav Maga, Shane Langwell teaches more than self-defense by helping students strengthen their confidence, resilience and a sense of community that extends beyond the gym.

Employee Experience & Recruiting

Newsflash: Barbara Corcoran Doesn't Fly First-Class, and Neither Should Your Executive Team

Shark Tank star Barbara Corcoran doesn't fly first class, and for a good reason. Business decision-makers, take notes!