Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
FMCG major Britannia Industries is aiming to increase its women workforce to 50 per cent from the present 41 per cent by 2024, a senior company official said on Sunday. With 15 company-owned manufacturing plants and 35 contract and franchisee units across India having a workforce of over one lakh people, Britannia currently has 41 per cent women employees and would increase the strength to 50 per cent by the end of 2024, Head of Manufacturing, Owned Factories, Indranil Gupta said. The company has about 1,400 workers in its Madurai unit of which 65 per cent comprise women, Gupta said. The female workforce in the plant will be increased to 70 per cent by 2024, since it produced 190 tonnes of various food products per day, the senior official told journalists. When asked about the reason behind pushing for more women employees, Gupta said: "They are more hygienic, and more suitable for these type of jobs, which is an important requirement in food making facilities and disciplined ...
A top India-centric American business advocacy group, in collaboration with various US government agencies and a prestigious university, has announced an alliance to increase the number of women in STEM education and the workforce in India. The launch of the US-India Alliance for Women's Economic Empowerment STEM Collaborative was announced by Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum during the US-India Alliance Shatter Summit. India and the US tech synergy is well evinced in India being an IT powerhouse and the US having the most robust tech economy. However, there is still a lacuna in the number of male and female STEM graduates, Aghi said. For India to unleash its full potential, there needs to be a concerted effort to get more young girls and women in STEM (science, technology, engineering and maths), he said. The US-India Alliance for Women's Economic Empowerment is a public-private partnership between the State Department, USAID, USISPF,
Informal women workers in Indian construction and real estate sector earn 30-40 per cent less than male workers, according to a report that highlights about gender inequality in this sector. Consulting firm Primus Partners and World Trade Center on Monday released a report 'Pink Collar Skilling: Unleashing the Women's Power in the Real Estate Sector' stating that out of the total people employed in this industry only 12 per cent are women. "In the domestic construction and real estate sector, which employs 57 million workers, 50 million of the people employed are men, and only 7 million are women," the report said. Further, it added that the informal women workers engaged in construction in India earn 30-40 per cent less than their male counterparts. This highlights the "gender inequality prevalent in the construction and real estate sector in India," it observed. With a 34.5 per cent pay gap, the hourly wage of women in the construction industry is Rs 26.15, the report pointed ou
FMCG major Britannia Industries Limited (BIL) has said it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its factory workforce. BIL Chief Marketing Officer (CMO) Amit Doshi said that at present 38 per cent of the company's factory workforce is women. "We aim to achieve a diversity ratio of 50 per cent by 2024 from the current national average of 38 per cent across our factories," he said. At Britannia's Guwahati factory, the proportion of women in the workforce is 60 per cent and it will be increased to 65 per cent, he said. "We are proud to have a women workforce in areas typically dominated by men like engineering, taping and grinding as well as packing, housekeeping, pantry, lab testing, canteen and security," he said. For empowering women, the company has already launched a start-up challenge among woman entrepreneurs, Doshi said. So far, the company has provided seed capital of Rs 10 lakh each to 30 woman entrepreneurs fo