According to the Annual Survey of Industries (2019-20) by the Indian Labour Ministry, approximately 15,80,000 women work in India's manufacturing sector, with around 43 per cent of them employed in the southern state of Tamil Nadu.
Additionally, Tamil Nadu ranks second in the share of women-owned enterprises among all proprietary micro, small, and medium enterprises (MSMEs).
Speaking at the 'Avtar and Seramount Best of the Best Conference,' Palanivel Thiagarajan, Tamil Nadu's Minister for IT and Digital Services, emphasised the importance of incentivising education and employment opportunities for girls over population growth, as reported by WION.
He discussed various women-centric initiatives in the state, such as extending maternity leave for government job employees to one year and offering free bus services for women, as well as free breakfast in government-run schools.
The minister also credited self-respect marriages for reducing cases of female infanticide, as they alleviated the financial burden previously associated with high wedding expenses.
Highlighting the significance of gender diversity in the workplace, the minister referenced a study by BlackRock, which found that organisations with more diverse workforces outperformed those with less gender balance.
Similar studies revealed a positive correlation between gender diversity and above-average profitability in organisations.
Dr. Saundarya Rajesh, Founder-President of the Avtar Group, noted that an increasing number of companies recognised the positive impact of diversity on innovation revenue, with 77 per cent of companies acknowledging this in 2023, up from 53 per cent in 2021.
The trend is expected to continue, potentially reaching 100 per cent by 2025.
Nayan Dwivedi is Staff Writer at Swarajya.
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