India News
Survey Finds Increase In Hiring Women For C-Suite Roles
A recent surge in the appointment of women to C-suite positions is signalling a positive shift towards gender diversity within the corporate realm of India.
Executive Access conducted a survey, which was reported exclusively by The Times of India.
It finds there has been a notable increase in women climbing the corporate ladder to the highest echelons of leadership.
Women constitute around 16 percent of all C-suite hires, with 8 percent occupying the CEO or Managing Director roles.
This marks a rise from a decade ago when women CEOs constituted a mere 2 percent, and their representation in C-suite positions hovered around 7 to 8 percent.
The journey towards gender parity in leadership is gaining momentum, particularly in sectors traditionally dominated by men, such as marketing and finance.
However, the real challenge in achieving diversity lies in more male-centric fields such as manufacturing, construction, and project management.
Despite this, the trend is promising, with projections suggesting a 50 to 60 percent increase in women occupying top roles within three to four years.
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