Indian startup’s culture has been mushrooming across the country
over the years. So has the gender diversity when it comes to women entrepreneurship. As per a recent Nasscom’s
Gender Diversity and Inclusivity Trends, the report states that India out of
the 4,200 startups in the country, 9% of them were started by women entrepreneurs.
This is a 50% rise in share compared to the previous years in the country.
“India is changing and so are the aspirations of
its 1.2 billion people. Our country, once regarded as a third-world economy, is
today the hub of billion-dollar firms and a hot investment
destination. In terms of providing a
conducive ecosystem for the start-ups to thrive, India has moved up to third
position and has emerged the fastest growing base of start-ups worldwide and
likely to move up to No 2 position by 2020,” said Ashok Pamidi, Regional
Head-Karnataka of Nasscom and National Lead Diversity and Inclusion Initiative.
Nasscom’s
reports that India is one amongst the first five largest startup communities in
the world with the number of start-ups crossing 4,200, a growth of 40 per cent,
by the end of 2015, he adds.
Women Outnumber Men in IT-BPM Industry
The National
Association of Software and Services Companies (NASSCOM) share its
findings from its report titled, “Gender Diversity & Inclusivity
trends in the IT-BPM Sector”, stating that the industry is increasingly
turning women centric, with women constituting 51 per cent of entry level
hiring, and having a 50 per cent higher chance of getting IT-BPM job offers.
The findings were shared on the sidelines of the 9th edition of
the NASSCOM Diversity and Inclusion Summit 2016 in Bengaluru.
To
assess the gender diversity and inclusivity situation in the IT-BPM domain in
India, NASSCOM and PWC conducted a survey of NASSCOM member companies to get a
perspective on how the IT-BPM industry is strengthening its current practices
and embracing new emerging trends. The study was aimed at understanding the
role of women in the sector, and help companies formulate practices which can
further accelerate inclusion in the industry. According to the industry focus
is shifting from inclusivity & diversity to empowerment, stating that women
are also moving away from support roles and growing in core business operations
through added focus on training and development.
Over
the years, NASSCOM has been working with various stakeholders across the
industry to enable organizations to build a work environment that embraces
diversity where employees, customers and other stakeholders thrive and succeed.
NASSCOM has been instrumental in creating platforms of knowledge exchange
across various forms of inclusion and across different cultural context for
companies to share and learn best practices. The organization is also working
with the government and the society to create a legal and commercial framework
for support the same.
Speaking
on the rise of women participation in the sector, BVR Mohan Reddy,
Chairman, NASSCOM said, “I am extremely proud of the progress that the
industry has made to promote gender inclusivity. At NASSCOM, we believe
that development is never complete unless it is across all sections though
participation and inclusion of people irrespective of their gender, creed or
color. Today’s summit is part of our continued efforts to build an inclusive
work environment in the sector, I hope that we will continue with this trend in
supporting more women to break the glass ceiling.”
While
the trend of diversity and inclusion is promising in the sector, we still have
a long way to go to become a fully inclusive sector. While gender equality has
been established at entry levels, women still constitute a far lower share of
CXO roles; the trend of women resigning at a higher rate than men as their
personal priorities change is hampering this growth.
The
summit also witnessed the announcement of The NASSCOM
Corporate Awards for Excellence in Diversity and Inclusion 2016, aimed
at celebrating best practices of companies in Diversity and
Inclusion. This year, NASSCOM honored winners under 6 different categories who
have made an effort to create an inclusive environment within their company.
Winners
Best IT BPM Company less than 500
employees
Goldman
Sachs Services Private Limited
Best IT BPM Company with more than 5000
and less than 10,000 employees
SAP
Labs India Pvt Ltd
Best IT BPM Company - more than 10,000
employees
Wipro
Limited
Best program for excellence in inclusion
of PwD
ANZ
Bengaluru Hub
Most Innovative Programme
EMC
India Center of Excellence
Excellence in Leadership for Promotion
of Diversity &Inclusion
Bhuvaneswar
Naik
SAP
Labs India Pvt Ltd
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