A new study by Avtar has revealed that India is likely to see a jump in women workforce participation in urban India to the extent of 10%, as 2 crore additional women are likely to enter the workforce.
The ‘Status of Women’s Workforce Participation in India in 2022’, a predictive analytics study by Avtar has indicated that the number of employable women in India will be 7.4 crore in 2022. The number was 5.76 crore women in 2016.
The study also presents the reasons for the surge, looking at factors like increasing trends in remote work, POSH training, paternity leaves, child care support, second career programs, and male allyship.
Close to 3.8 lakh companies are expected to offer remote work in 2022 (this is almost double the number of companies offering the same in 2016)
Up-skilling to become a key priority in 3.9 lakh companies registered in India (only 1.7 lakh companies invested in the process in 2016). Consulting, IT/ITES, and BFSI will be the top 3 industries to engage with women talent in 2022.
Pharma is expected to register a 7 percent increase in the percentage of women hires (the largest for any industry), an increase from 28% in 2021 to 35% in 2022.
The study looks at trends across sectors like manufacturing, pharma, IT/ITES, BFSI, and FMCG.
