WOMEN ENTREPRENUERSHIP

CHETANAS BACHELOR OF MANAGEMENT STUDIES.

TOPICS TO BE COVERED

∂ Introduction, Definition.

∂ Status.∂ Problems. ∂ Measures.∂ Schemes.∂ Case-Study.∂ Prospects

INTRODUCTION

DEFINITION

Joseph Schumpeter“Women who innovate, imitate or adopt a business activity are called women entrepreneurs”

DEFINITION

The Government of India has defined a women Entrepreneur as “ an enterprise owned and controlled by a woman having a minimum financial interest of 51% of the capital and giving at least 51% of the employment generated in the enterprise to women”

TYPES OF WOMEN ENTREPRENUERSCHANCE

ENTREPRENE

URS

NATURAL

ENTREPRENU

RS

CREATED

ENTREPRENU

RSFORCE

D ENTREPRENE

URS

BENAMI

ENTREPRENU

R

CURRENT STATUS OF WOMEN ENTREPRENUERS

States No of UnitsRegistered

No. of WomenEntrepreneurs

Percentage

Tamil Nadu 9618 2930 30.36

Uttar Pradesh 7980 3180 39.84

Kerala 5487 2135 38.91

Punjab 4791 1618 33.77

Maharashtra 4339 1394 32.12

Gujarat 3872 1538 39.72

Karnataka 3822 1026 26.84

Madhya Pradesh

2967 842 28.38

Other States & UTS

14576 4185 28.71

Total 57,452 18,848 32.82

PROBLEMS OF WOMEN ENTREPRENUERS IN INDIA

NO INDEPENDEN

CE

LACK OF SELF

CONFIDENCE

LACK OF FAMILY

ENCOURAGEMENT

MALE DOMINATED

SOCIETY

LOW MOBILITY

DISCRIMINATION IN

UPBRINGING

ROLE CONFLICTLACK OF

EDUCATION

PROBLEM OF ACCESS TO FINANCE

FAMILY TIESMARKETING PROBLEM

STIFF COMPETITIO

N

LOW NEED FOR

ACHIVEMENT

SOCIAL ATTITUDE

REMEDIES TO SOLVE PROBLEMS OF WOMEN ENTREPRENUERS

In banks and public financial institutions special cell may be open for providing easy finance to women entrepreneurs.

Women entrepreneurs should be encourage and assisted to set-up co-operatives in order to eliminate middlemen.

Scarce and imposed raw materials should be made available to women entrepreneurs on priority basis.

Steps must be taken to make family members aware of the potential of girls and their due role in society.

Honest and sincere attempts should be undertaken by the government and social organization to increase female literacy.

REMEDIES TO SOLVE PROBLEMS OF WOMEN ENTREPRENUERS

In rural areas, self employment opportunities should be developed for helping women.

Marketing facilities for the purpose of buying and selling of raw materials should be made available to women entrepreneurs.

Facilities for Training and Development should be made available to women entrepreneurs.

Women entrepreneurs should be treated a separate target group for all EDP,s.

Institutional support system should be designed to suit the requirement

Government should try to involve women entrepreneurs in decision making process

SPECIAL SCHEMES FOR WOMEN ENTREPRENUERS

Seed Capital Scheme

National Equity Fund

Prime Ministers Employment Guarantee Schemes, Central Government Scheme For Educated Unemployed

Women Entrepreneurs Fund Scheme

SPECIAL SCHEMES FOR WOMEN ENTREPRENUERS

Single window scheme

Joint loan scheme

District industries centre scheme

Training and extension services

Schemes for refinance assistance to women entrepreneurs

CASE STUDY 1

SHAHNAZ HUSSAIN

SHAHNAZ HUSSAINShahnaz Husain Herbals Is One Of The Largest Manufacturers Of Herbal Products In The World.

Shahnaz Husain Group Had Over 650 Salons Around The World, Employing About 4200 People.

The Net Worth Of The Group Was $100 Million.

She Trained Extensively In Cosmetic Therapy For 10 Years In Some Of The Leading Institutes Of London, Paris, New York And Copenhagen. On Her Return To India In 1977 She Set Up Her Own Salon At Her House In Delhi With An Initial Investment Of Rs 35000.

SHAHNAZ HUSSAINShe Represented India For The First Time In The CIDESCO Beauty Congress In 1977.

She Represented India At The Festival Of India In 1980.

Memorable Event At Selfridges In London

Shahnaz Husain Was Also The First Asian Whose Products Were Retailed In The Galeries Lafayette In Paris

SHAHNAZ HUSSAIN

AWARDS

The Arch of Europe Gold Star

for Quality

The 2000 Millennium Medal of Honor

Rajiv Gandhi

Sadbhavana Award

CASE STUDY 2

CHANDA D. KOCHHAR

CHANDA D. KOCHHARIn 1993 When ICICI Decided To Enter Commercial Banking, She Was Deputed To ICICI BankIn July 2000, She Was Chosen To Head The Retail Finance Division Of ICICI

In April 2006, She Was Appointed As The Deputy Managing Director October 2006 To October 2007 She Handled The International And Corporate Businesses Of ICICIIn October 2007, She Was Appointed As The Joint Managing Director & CFO.

CHANDA D. KOCHHAR

AWARDS

Conferred with the Padma

Bhushan, one of India's highest civilian honour.

Ranked 11th by Financial Times in the

Top 50 Women in World

Business.

Conferred Outstanding

Woman Business

Leader of the Year award by

CNBC.

Conferred ‘Banker of the Year’ Award by Financial

Express.

Ranked 92nd in the Forbes list of Most powerful

women in the world.

Ranked 10th in the Fortune’s List of Most

Powerful Women in Business.

CASE STUDY 3

KIRAN MAZUMDAR SHAW

KIRAN MAZUMDAR SHAWKiran Mazumdar Shaw Is The Chairman & Managing Director Of Biocon Ltd, India's Biggest Biotechnology Company. Started Career As Trainee Brewer In Carlton & United Beverages In 1974

In 1978, She Joined As Trainee Manager With Biocon Biochemicals Limited In Ireland.Kiran Mazumdar Shaw Founded Biocon India In Collaboration With Biocon Biochemicals Limited, With A Capital Of Rs.10,000.Biocon's Initial Operation Was To Extract An Enzyme From Papaya.

In 2004, Biocon Came Up With An IPO And The Issue Was Over-subscribed By Over 30 Times.

KIRAN MAZUMDAR SHAW

AWARDS

ET Businesswoman of the Year

Best Woman Entrepreneu

r

Model Employe

r

Ernst & Young's

Entrepreneur of the Year

Award for Life Sciences & Healthcare

Technology Pioneer

Government of India also

felicitated her with

Padmashri and Padma Bhushan

CASE STUDY 4

SULAJJA FIRODIA MOTWANI

SULAJJA FIRODIA MOTWANI

Joint Managing Director Of Kinetic Engineering Ltd

Worked For A Period Of Four Years With A Well Known Investment Analytics Company, BARRA International, Based In California. She Is An MBA Degree Holder From The Reputed Carnegie Mellon University At Pittsburgh.

She Is An Epitome Of Boldness And Courage.

SULAJJA FIRODIA MOTWANI

The Company Has Witnessed Tremendous Expansion During Her Tenure.

Sulajja Has Been Instrumental In Designing And Implementing The Marketing Strategies Of The Company.Sulajja Has Played An Active Role In Plotting The Course Of Action For The Kinetic Company.

SULAJJA FIRODIA MOTWANI

Awards

"Face Of The

Millennium“

Society Young

Achiever's Award For Business

In The Year 2002

"Global Leader Of Tomorrow

“

The Young Super

Achiever Award From The Leading

Magazine "Business Today" In

2003.

PROSPECT SECTORS FOR WOMEN ENTREPRENUR IN INDIA

Eco-friendly Technology

IT Enabled Enterprises

Event Management

Tourism Industry

Telecommunication

Sericulture

Herbal & Health Care

THANK YOU