Mainstreet

Main Street: The rapid rise of female entrepreneurs in India

Exploring the boom in women entrepreneurship

Main Street: The rapid rise of female entrepreneurs in India

Data from the RBI shows that women in India's urban areas have more money in their accounts than men. Across all levels of the education system, Indian women are outnumbering and outperforming Indian men. Both during our travels and through our number crunching, we can see that urban women are getting wealthier, thanks to a trifecta of greater access to consumer markets and beyond (via the internet), easier access to financing (courtesy financialisation and the India Stack) and a growing target market of aspirational and affluent women. The result is that entrepreneurship is spreading far faster amongst Indian women than their male counterparts.

This story is not available as it is from the Wealth Insight March 2024 issue

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