The Week That Was: Indian Women Empowerment News Overview (2 October - 7 October)

The Week That Was: Indian Women Empowerment News Overview (2 October - 7 October)

By: WE Staff | Sunday, 8 October 2023

Indian women empowerment is a powerful and transformative movement that has gained momentum in recent years, reshaping the social, economic, and political landscape of the nation. This movement is a testament to the resilience, determination, and capabilities of Indian women who have, for generations, faced challenges and disparities in various aspects of life. Indian women have demonstrated remarkable strength and resilience. Over the years, they have actively and passionately pursued empowerment through education, economic independence, political participation, and social activism.

Womenentrepreneurindia.com highlighted these accomplished women's inspiring stories this week, highlighting their leadership, entrepreneurship, and significant contributions to the workforce, demonstrating the remarkable power and influence of women.

Asian Games 23: Jyothi Vennam & Aditi Swami to Win Silver in Archery

Aditi Swami, present world champion, and top-seeded player Jyothi Surekha Vennam has advanced to the Asian Games semifinals of the women's compound individual event. India hopes to clinch a silver medal in the archery competition due to their victories.

Women's Healthcare Businesses & API to be sold by Viatris in India for $1.2 Billion

As a part of a $3.6 billion global divestiture drive to reduce debt, US-based pharmaceutical company Viatris, formerly known as Mylan, is selling its active pharmaceutical ingredients (API) and women's healthcare businesses in India for a combined consideration of $1.2 billion.

While the women's healthcare business will be acquired by the Spanish company Insud Pharma, the API business will be sold to Secunderabad-based investment company IQuest Enterprises.

Indian Athlete Vithya Ramraj Wins Bronze in Women's 400m Hurdles at Asian Games

Indian athlete Vithya Ramraj secured a commendable bronze medal in the women's 400m hurdles at the 19th Asian Games held in Hangzhou, China. Despite facing tough competition, the 25-year-old athlete delivered a solid performance with a timing of 55.68 seconds.

The gold medal went to China's Jaidie Mo, who achieved a season-best time of 55.01 seconds, while Bahrain's Oluwakemi Mujidat Adekoya claimed the silver with a game record of 54.45 seconds.

Increasing Female Workforce Vital for India's $5 Trillion Goal

In a recent interview, the World Bank India chief emphasized the critical role of increasing female labour force participation in India's economic growth. The chief highlighted that this endeavour is a "low-hanging fruit" that could significantly contribute to India achieving its ambitious economic goals.

Currently, India's female labour force participation stands at around 25%, a figure significantly lower than the global average. To accelerate its economic growth and achieve its target of becoming a $5 trillion economy by 2028 and an advanced economy by 2047, India needs to sustain a growth rate of 8%.

Startup India & APIS to Organise Women Entrepreneurs Conference

Visakhapatnam will host a two-day State-level Conference for female entrepreneurs starting on October 5, 2023. The program is being organized by Startup India in collaboration with the Andhra Pradesh Innovation Society (APIS).

The program will be attended by nearly 150 registered entrepreneurs from a range of industries, including information technology, rural development, healthcare, and education. The Ministry of Commerce and Industry's Startup India has launched start-ups for women. This conference will serve as a promotional event for Startup India's program, and it has already been publicized in 9 states.

AWS Empowers Women-Led Startups

Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), has announced the first AWS Women's Demo Week.

This global event, which will be held from November 6 to 10, 2023, aims to link women-led businesses with investors, therefore closing the gender finance gap and empowering female entrepreneurs.

AWS Women's Demo Week will be held in 18 cities worldwide, including New York, London, So Paulo, and Lagos.

Asian Games 2023: Indian Women's Kabaddi Team Enters Finals

With a commanding 61-17 victory over Nepal, the Indian women's kabaddi team continued their unbeatable streak at the Asian Games and advanced to their fourth straight final. Pooja Hathwala and Pushpa Rana led the charge with their successful raids as India, the runners-up in the previous matches encountered their opponents and held a commanding 29-10 lead at halftime.