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MF News ‘Wealthy Indian women have Rs.4000 crore’

‘Wealthy Indian women have Rs.4000 crore’

Most wealthy women have come from pharmaceutical industry.
Team Cafemutual Aug 13, 2018

A report published by Kotak Wealth Management and Hurun Report India titled ‘Kotak Wealth Hurun-Leading Wealthy Women 2018’ found that wealthy Indian women have Rs.4000 crore.

The report has compiled net worth of 404 women as on June 30, 2018.

Another key finding of the report was that most wealthy women have come from pharmaceutical industry. “The pharmaceutical sector dominates the list with a 22% share, followed by software and services and food & beverages with a share of 12% and 8%, respectively,” finds the report.

In a press release, Anas Rahman Junaid, MD and Chief Researcher, Hurun Report India said, “The women in the Hurun India Rich List have increased from 4% in 2012 to 9% in 2017. With India’s thriving consumer spending and a maturing tech ecosystem, we expect more women to lead the entrepreneurship story in India.”

Jaideep Hansraj, CEO, Wealth Management & Priority Banking, Kotak Mahindra Bank said, “The ranking recognises India’s leading women – entrepreneurs, businesswomen, investors and inheritors. We are seeing a significant change with more and more women taking advantage of increasing opportunities to become active participants in business.”

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1 Comment
A V MANOHARAN · 1 month ago
I understand in a share market pharmaceutical sector is predominant and High net worth people is women or women back ground. Financial marketing people should have suitable approach in such a woman.
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