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Promoter Women Prominent, Female CEOs Rare in India Inc
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India Inc's Female CEO Ranks Dominated by Promoter Women; Professional Leaders Scarce
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CNBC TV18
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07-03-2026, 19:28
India Inc's Female CEO Ranks Dominated by Promoter Women; Professional Leaders Scarce
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Out of 130 women MDs/CEOs in listed Indian companies, 63% belong to promoter families.
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Only 5% of NSE-listed companies have a woman MD or CEO, showing little improvement over five years.
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Women's representation sharply declines at senior levels, from 23% of the workforce to just 5% of MDs/CEOs.
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Male Executive Directors earn 74% more than their female counterparts, highlighting a significant gender pay gap.
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The 2014 mandate for a woman director often led to appointing promoter relatives, not truly enhancing diversity.
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