The Most Powerful Indian Businesswomen In The World Today
- Dipali Goenka pioneered Wel-Trak for Welspun India
- Vinita Gupta, Kiran Mazumdar gained global attention
- Chanda Kochhar revolutionised retail and corporate banking
- Meena Ganesh has brought medical care to every home
Indian businesswomen are making a mark not only in India, but also globally. They are striving driving success in every possible arena including healthcare, beauty, textiles, banking, and finance. Leading from the front, they serve as role models that every aspiring entrepreneur can look up to. This Women’s Day, here’s a look at 5 world-renowned, powerful Indian businesswomen and their success stories.
Dipali Goenka, CEO of Welspun India
In 2016, Dipali made it to the 16th position on Forbes Asia’s 50 Power Businesswomen list. As CEO and Joint Managing Director of Welspun India Limited, Goenka is the driving force behind the group’s textile business. Since her induction into the company, she has developed two of the most recognised home textiles brands in India—SPACES and Christy, under the Welspun umbrella.
In her endeavour to take Welspun to new heights, Goenka also launched the Wel-Trak programme last year. This traceability programme allows retailers and customers to check the origin of Welspun products, bringing more transparency to the business and building assurance about production quality.
Vinita Gupta, CEO of Lupin
A graduate in pharmacy, Vinita Gupta has been instrumental in Lupin’s growth since 1993 and has won the Entrepreneur of the Year Award in 2012 by Ernst & Young. This award was given to her for her exceptional contribution to the healthcare services and technology segment in the US. In the same year, she led Lupin to a $500 million profit in the American market.
Since 2003, she has been closely monitoring the expansion of Lupin in the US, through Lupin Pharmaceuticals Inc., a wholly owned subsidiary of Lupin. As CEO, she has been the driving force behind Lupin’s foray into advanced markets and she now heads the Advanced Markets business of the company in both USA and Europe.
Kiran Mazumdar-Shaw, Founder, Chairman and Managing Director of Biocon
Mazumdar-Shaw was on TIME Magazine’s 100 Most Influential People in the World list in 2010. Apart from heading Biocon Limited, Asia’s leading bio-pharmaceuticals enterprise, she is also the chairperson of the Indian Institute of Management, Bengaluru. Her contribution to the field of biotechnology is substantial and justifies every award and accolade that has come her way.
She has made it to Forbes’ list of India’s 100 Richest People in 2016, and was awarded the Othmer Gold Medal for her outstanding contribution to the progress of science and chemistry. For 3 consecutive years since 2015, Forbes has featured her in their Most Powerful Women in the World list. Besides, she is also the recipient of India’s highest civilian honours, the Padma Shri (1989) and the Padma Bhushan (2005).
Under her leadership, Biocon has progressed from being an industrial enzymes company to a fully integrated, innovation-led, emerging global biopharmaceutical enterprise. To give access to affordable, world-class cancer care services to patients from all backgrounds, Kiran has established a 1,400-bed Mazumdar-Shaw Cancer Center in Bengaluru.
Chanda Kochhar, Managing Director and CEO of ICICI Bank
Known for her exceptional role in shaping the retail banking sector in India, Chanda Kochhar’s leadership position within the ICICI Group is admirable. She has made it to the TIME Magazine’s 100 Most Influential People in the World list in 2015 and has featured in the World’s 100 Most Powerful Women list by Forbes for 7 consecutive years. She was also bestowed with Padma Bhushan in 2011, one of India’s highest civilian honours.
Kochhar began her career as a trainee with the former ICICI Limited in 1984. Through her hard work and passion, she found a position on the Board of Directors of ICICI Bank in 2001. Over the years, she has led the bank to success by heading and supporting infrastructure finance, the retail segment, international businesses, and corporate banking. Kochhar is also a prominent member of the Prime Minister’s Council on Trade and Industry.
Meena Ganesh, Co-founder and CEO of Portea Medical
With over 3 decades of experience in consulting, technology, outsourcing, education, e-commerce and healthcare, Meena Ganesh shifted her attention to her own venture, Portea Medical in 2013. She is the CEO of India’s largest and fastest growing home healthcare company, which she co-founded with her husband.
In just a few years, Portea has hired more than 1,000 employees and operates in over 18 cities in India. The website and the application gives patients geriatric, chronic and post-operative care, as well as allied healthcare services such as lab services, medicine delivery and medical equipment on hire, at home. Meena has big plans and is aspiring to expand the company to 50 cities over the next 2 years. To her, Portea is a way to achieve her goal, which is to provide affordable and convenient healthcare solutions to everyone.
Meena is the only Indian who as served on Tesco’s Global Retail Council and is amongst the four women who have held this position. In 2011, she was one of the 5 finalists for the Forbes Leadership Award.
These women are only a few of the many who continue to scale new heights with their acumen and leadership. If you too are on the cusp of making your foray into the world of business, a strong business plan backed by the right source of credit, such as a business loan for Women, makes for an excellent starting point.