- Nair Ventures
Challenges Women face as entrepreneurs
May I ask, how many successful women entrepreneurs can you name?
Even though the statistics about women’s participation in public life has gone through a lot of positive changes since the beginning of this century, women are still terribly under-represented in various industries, business and entrepreneurship being one of them!
Highlights of the Sixth Economic Census, as released by the Ministry of Statistics and Programme Implementation, says that women constitute only 14% of the total 58.5 million entrepreneurs in India. While this situation is mostly common to all developing countries, it is slightly better at least on paper in the developed ones. For instance, 40% of businesses in US are owned by Women and generates around USD 1.8 trillion a year in revenue, according to Women’s Business Enterprise National Council.