Monday, September 14, 2009

Female Business Tycoons Increasing in India

The number of female business tycoons is increasing in India. In most of the cases, they inherit enormous amount of wealth from their billionaire fathers, and thus, entering into business arena. Roshni Nadar is the daughter of Shiv Nadar, one of the business tycoons of India’s tech business. Receiving a MBA degree from Kellogg School Of Business, she is currently at the helm of the education initiatives taken by her father’s business.

There are some other stories similar to that of Roshni Nadar. Lakshmi Venu, daughter of TVS owner Venu Srinivasan, has also entered into father’s business. Divya Modi is the daughter of Spice Group’s owner B K Modi and currently holds a 24 percent share of the company too.

You might think that these women are coming into business arena thanks to their family background and wealthy father. However, I think it could be a trend that would inspire other women in the country to follow the footstep of the likes of Roshni Nadar. Indian is a country where many parents still prefer having a son; rather than a daughter. Abortion of female fetus is still a major cause of concern in the country. Considering these incidents, I think, the women like Roshni Nadar and Lakshmi Venu could be the source of inspiration of many Indian women who come from ordinary families.

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