Despite this constructive improvement, it highlights the substantial floor that also must be coated to bridge the range hole in the business. With solely 6.7% of women in government roles in GCCs and 5.1% in deep tech organisations, there’s a appreciable lower in the obtainable expertise pool of women as they transfer up the profession ladder. In GCCs, on the senior stage (9-12 years of expertise), the illustration stands at 15.7%, the report mentioned.
India has almost 1,600 GCCs. In 2022-23, GCCs added 2.8 lakh staff, taking its expertise base to over 1.6 million. The report acknowledged that household and caregiving tasks, restricted entry to profession development and alternatives, and poor work-life steadiness are some elements influencing women’s attrition.
“While India proudly leads in the number of women STEM graduates globally, their under-representation in the deep tech workforce stems from systemic barriers hindering their education and career advancement. To unlock the full potential of our talent pool, we need to take a comprehensive approach, including strategic actions to increase the enrolment of women in leading technological institutions and retaining them in the workforce,” mentioned Ajeya Motaganahalli, VP of engineering and MD, India R&D at Pure Storage.
The median illustration of women graduates from prime engineering universities stands at 25% between 2020-23, which straight impacts the influx of feminine candidates in GCCs, particularly in the deep tech sector. Despite this disparity in women’s illustration, women graduates persistently outperformed in securing placements in comparison with the general common in prime-tier universities.
“Advancement in any industry is stagnant without equity. While deep tech has pushed the boundaries of possibility, the sobering truth is that the sector has only 5.1% women at the executive level. Interventions to solve the talent pipeline issue and create work environments enabling women to thrive have become an urgent necessity,” mentioned Karthik Padmanabhan, managing associate at tech advisory agency Zinnov.