Top 10 Women CEOs in India in 2024

March 8, 2024
women ceos in india

Quick Summary

  • The blog spotlighting the achievements of the top women CEOs in India.
  • Persistent challenges faced by women CEOs include navigating gender biases, stereotypes, and balancing work and family responsibilities.
  • The blog acknowledges and reflects on the obstacles these inspiring women overcome in their journey to the pinnacle of corporate leadership.

Table of Contents

Beyond symbolism, the success of women CEOs in India is undeniable and awe-inspiring. According to a report by Bain & Company, nearly 20% of enterprises in India are owned by women. While the country is steering towards transforming its economic and social development status through women-owned businesses, several women dynamos have ascended to fame with their stellar entrepreneurship skills.

With their visionary strategies and meticulous execution, they have not only brought about tangible growth and profitability to their organizations but have also demonstrated their ability to navigate complex challenges with finesse and resilience. Furthermore, the success of women CEOs in India extends far beyond the boardroom. They have become powerful role models, embodying the notion that success knows no gender boundaries. Their accomplishments serve as a catalyst for societal change, inspiring countless women to dream bigger, strive harder, and seize their rightful place at the forefront of the business world.

Top 10 Women CEOs in India

Leena Nair

Leena Nair, an alumnus of XLRI Jamshedpur and a native of Kolhapur, Maharashtra, is acclaimed for her people-centered approach to leadership. She is the youngest woman CEO in India. Nair, a management gold medalist from XLRI, Jamshedpur, and a graduate of Sangli’s Walchand College of Engineering with a degree in electrical engineering, became the helm of Chanel in January 2022.

Before joining Chanel, Nair worked as the Chief Human Resource Executive for British packaged food and consumer products major Unilever PLC. She was Unilever’s first female, Asian, and youngest-ever chief human resource executive. Nair has always been a strong supporter of equality and diversity, as well as a fighter for change. In 2021, she was awarded the Great British Business Woman Role Model of the Year honor.

Sharmistha Dubey

Matchmaking has changed significantly for the younger age because of Dubey. The Match Group, which owns dating websites including Tinder, Match, OkCupid, and Hinge, is led by her. She attended IIT Kharagpur to study Metallurgical engineering after growing up in Jamshedpur. She started her career at Texas Instruments as an engineer.

In 2006, she started working with the Match Group and took on different jobs. In 2017, she was appointed Chief Operating Officer of Tinder. Dubey presently holds the position of Chief Executive Officer of Match Group. At Vogue Women of the Year 2021, she was selected as the Tech Leader of the Year.

Revathi Advaithi

The richest female CEO of the international company that manufactures electronics, Flex, formerly known as Flextronics, is Revathi Advaithi. One of the most popular women CEOs in India representing in the business world, Revathi began her career as a shop floor supervisor at Eaton in Shawnee, Oklahoma. She was included in the lists of 2019 and 2020’s Most Powerful Women by Fortune.

Advaithi is a well-known independent director on the boards of Uber and Catalyst and is esteemed for her ability to make decisions quickly. Along with serving on the MIT Presidential CEO Advisory Board, she is a promoter of women in STEM disciplines.

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Jayshree Ullal

A British-born American entrepreneur who serves as the women CEO and President of the computer networking company Arista Networks. After more than 15 years with Cisco, she joined the firm in 2008 and guided Arista to a successful IPO, growing it into a multibillion-dollar corporation. In addition to her position at Arista, Ullal has been a member of the Snowflake board of directors since 2020.

She was on Forbes’ list of the richest self-made women in America in 2021. Ullal has an electrical technology degree from San Francisco State University and an engineering management master’s degree from Santa Clara University in California.

Sonia Syngal

One of the few women CEOs in India listed as the most respected women CEO Fortune 500. Syngal is the CEO of Gap Inc., a retailer that specializes in apparel and accessories. She offers a plethora of expertise from her prior employment at Ford Motor Co. and Sun Microsystems. Syngal graduated from Kettering University with a mechanical engineering degree and Stanford University with a master’s degree in manufacturing systems engineering.

Syngal’s use of Gap Inc.’s graphic tees as a platform to encourage young women and elevate their opinions has been a noteworthy accomplishment of her leadership. For its creative strategy to advance gender equality, this program has won acclaim and respect. Gap Inc. has strengthened its position as a top retail firm under Syngal’s leadership by seeking to grow its online presence and develop partnerships with other companies.

Anjali Sud

The Vimeo CEO is one of the best female business leaders in India. She held the positions of general manager and head of marketing at Vimeo until being promoted to CEO in 2017. The Wharton School of Business awarded Sud a B.Sc. in Finance and Management, and Harvard Business School awarded her an MBA.

Sud, who was raised by Indian immigrants in Michigan, has held many positions with organizations, including Amazon, Time Warner, and Sagent Advisors. She is a Young Global Leader, according to the World Economic Forum.

Priya Lakhani

Since launching the company in 2013, Priya Lakhani has achieved notable advancements in AI-based learning tools for educational institutions. Lakhani also co-founded the Institute for Ethical AI in Education, which was motivated by the need to solve academic underachievement. She obtained a Master’s in Law from the University of London and left the practice of law to follow her passion for business. She received credit for her work when she was named to the UK government’s AI Council in 2019 and awarded Officer of the Order of the British Empire in 2014.

Padmasree Warrior

According to Warrior’s LinkedIn profile, she is a leader who is passionate about technology, entrepreneurship, and international trade. In 2019, she launched Fable, a reading platform with a focus on mental well-being.

She previously held positions as Cisco and Motorola’s chief technology officer. She previously served as the CEO of the electric vehicle business NIO USA. Her upbringing was in Vijayawada. The fighter received her undergraduate studies at IIT Delhi and her master’s degree at Cornell University. She was included among the most influential 100 women in the world, according to Forbes.

Reshma Kewalramani

Reshma Kewalramani is the most known women CEO in India for Pharamaceutical“Vertex”. She went to the US when she was 11 years old and later graduated from Harvard Business School’s General Management Programme. Kewalramani began her professional life as a doctor and served for a few years before switching to the biopharma sector and working there for the following 12 years.

In 2017 she started working for Vertex Pharmaceuticals, and in 2020–21 she was promoted to president and CEO. She has had a significant impact on the industry, as evidenced by her selection for the Boston Business Journal’s Power 50 and her receiving of the TiE Boston Healthcare Leadership Award.

Roshni Nadar Malhotra

One of the biggest producers of IT services in India, HCL Technologies, is led by Indian entrepreneur Roshni Nadar Malhotra. She is the daughter of HCL founder Shiv Nadar. Since 2013, Roshni Nadar Malhotra has joined HCL Technologies, and in 2017, she was appointed vice chair. She assumed leadership of HCL Technologies in 2020, becoming the country of India’s largest IT company’s first female chairperson.

HCL Technologies has concentrated on developing skills in digital technologies, including cloud computing, cybersecurity, and artificial intelligence, under her direction.

Also Read: Emerging Career Fields for Women in 2023

Challenges Faced by Women CEOs in India

Without question, India’s female CEOs have successfully pushed down boundaries and succeeded in the workplace. However, their ascent to the top has been fraught with particular difficulties, frequently brought on by persistent gender prejudices and preconceptions in the workplace. These incredible women have faced significant challenges throughout their careers, from the beginning to the top, but they have overcome them with great perseverance and determination.

Gender biases and stereotypes

Gender biases and stereotypes continue to pose significant challenges for women CEOs in India. Deeply entrenched cultural beliefs often limit the opportunities available to women, reinforcing the notion that leadership roles are reserved for men.

The bias against women’s capabilities and their perceived inability to handle high-pressure situations can hinder their professional growth and hinder their chances of securing leadership positions.

Balancing work and family responsibilities

Balancing work and family responsibilities is another major challenge faced by women CEOs. Society expects women to primarily take care of their families, which can make it difficult for them to dedicate equal time and effort to their careers. This pressure to fulfil traditional gender roles can cause conflicts, forcing women to make tough choices between their professional aspirations and family obligations.

Despite gender biases, stereotypes, work-life balance challenges, and initial career hurdles, women CEOs in India are trailblazers. Their resilience, determination, and strategic approaches help them overcome these obstacles and achieve remarkable success. As they break barriers and inspire other women, they transform the corporate landscape, creating a more inclusive and diverse business world.

Women CEOs in India: Overcoming Challenges and Leading the Way

Women CEOs in India have emerged as strong leaders, breaking barriers and making significant contributions to their respective companies. They have broken gender barriers and betrayed stereotypes set by people. The top 10 young female CEOs in India showcased in this article represent a diverse range of industries and have left a lasting impact on their organizations.

These women CEOs in India have faced numerous challenges on their path to success. Gender biases and stereotypes persist in the workplace, hindering women’s progress and limiting their opportunities. Balancing work and family responsibilities adds a layer of complexity to their roles. Additionally, the lack of access to mentors and networks early in their careers poses a significant hurdle.

However, these women have triumphed over adversity. They have defied societal expectations, shattered glass ceilings, and proven their leadership abilities. They have advocated for gender equality, fostering inclusive work environments that empower women. Through their determination, resilience, and exceptional skills, they have paved the way for future generations of women leaders.

Their impact as women CEOs in India on their respective companies is undeniable. They have spearheaded growth strategies, driven diversification, and led their organizations through periods of transformation. Their educational qualifications and extensive experience have equipped them to make strategic decisions and drive innovation. Their commitment to their work, their hardships and their hardwork is an inspiration to women who wish to change their future for the better.

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Frequently Asked Questions (FAQ’s)

How many female CEOs are there in India?

According to NSE data, there are 100 companies with women functioning as managing directors or CEOs, and there are 109 positions held by women in this role.

Who is India’s first female CEO?

Born on October 28, 1955, Indra Nooyi, an Indian-American business executive, was the first woman CEO in India.
She has consistently been ranked among the top 100 women in the world. Forbes recognized her as the 13th most powerful woman in the world in 2014, while Fortune named her the second most important woman in 2015 and 2017. She serves on the boards of the International Cricket Council and Amazon.

Are there any Indian women CEOs?

Yes, there are several Women CEOs in India. Here are five examples:
 
1. Roshni Nadar Malhotra: Chairperson of HCL Technologies.
2. Nisaba Godrej: Chairperson and Managing Director of Godrej Consumer Products Limited.
3. Zarin Daruwala: Former CEO of Standard Chartered Bank, India.
4. Shikha Sharma: Former CEO and Managing Director of Axis Bank.
5. Arundhati Bhattacharya: Former Chairperson of the State Bank of India.

Who are the top 5 female CEOs?

The given below are the top 5 Women CEOs in India:
 
1. Leena Nair. Leena Nair is the global CEO of Chanel.
2. Kiran Mazumdar-Shaw. Kiran Mazumdar Shaw is the founder of Biocon.
3. Nykaa founder Falguni Nayar.
4.Devika Bulchandani, Global CEO of Ogilvy.
5. Revathi Advaithi is a longtime advocate for women in STEM. Advaithi, the CEO of Flex, is a Birla Institute of Technology and Science (BITS) alumna who started her career as an Eaton shop floor supervisor.

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