Top 10 Most Powerful Indian Women in Business in 2023


Women’s contribution to the growth of the Indian economy. Top 10 powerful businesswomen in India in 2023

A growing number of influential and successful women in business hail from India. These women leaders have defied gender norms and established themselves as tenacious leaders and trailblazers in their respective fields. The influence of these women in the Indian industry is still expanding as 2023 approaches. These businesswomen have made important contributions to their businesses and the Indian economy overall in a variety of industries, including consumer products, healthcare, and finance and technology.

In this article, we will look into the top 10 powerful businesswomen in India in 2023 who will be most influential and highlight their accomplishments, leadership philosophies, and the effects they have had on the Indian business environment.

1. Nita Ambani – Founder and Chairperson of Reliance Foundation

Nita Ambani is a well-known philanthropist and one of India’s most powerful businesswomen. She has played a key role in advancing social and economic development projects in India as the founder and chairperson of the Reliance Foundation. Millions of people’s lives have been impacted by the foundation under her leadership, which has prioritized rural development, healthcare, and education.

2. Kiran Mazumdar-Shaw – Chairperson and Managing Director of Biocon Limited

Kiran Mazumdar-Shaw, the chairwoman and managing director of Biocon Limited, is a pioneer in the Indian biotech sector. In 1978, she established Biocon to build a renowned biopharmaceutical company. Her leadership has helped Biocon grow into one of India’s top biotech firms, specializing in the development and production of high-quality biosimilars and other biopharmaceutical goods.

3. Arundhati Bhattacharya – Chairperson of Salesforce India

The chairman of Salesforce India and a well-known figure in the Indian banking industry is Arundhati Bhattacharya. She has worked in the financial sector for more than 40 years and presided over the State Bank of India, the country’s largest bank, from 2013 to 2017. The bank expanded significantly while she was in charge.

4. Zia Mody – Founder and Managing Partner of AZB & Partners

One of India’s top law companies, AZB & Partners, is founded and managed by eminent attorney Zia Mody. She has worked on numerous well-known mergers and acquisitions, joint ventures, and private equity deals over the course of her more than three decades of experience. She is one of the most powerful businesswomen in India in 2023.

5. Roshni Nadar Malhotra – Chairperson of HCL Technologies

One of India’s top providers of IT services, HCL Technologies, is led by Roshni Nadar Malhotra. In 2020, she succeeded her father, Shiv Nadar, as CEO of the business, making history as India’s first woman to lead a publicly traded IT company.  HCL Technologies has bolstered its position in the global IT services market and continued to grow its operations under her guidance.

6. Vinita Bali – Former Managing Director of Britannia Industries

Veteran businesswoman Vinita Bali served as the former managing director of one of India’s leading food corporations, Britannia Industries. She has also held the position of CEO for several other prestigious businesses, including Cadbury India and Coca-Cola India. Bali is renowned for her unique business methods and strategic vision.

7. Nisaba Godrej – Chairperson of Godrej Consumer Products

One of India’s top manufacturers of consumer products, Nisaba Godrej serves as its chairman. She succeeded her father, Adi Godrej, in the position in 2017, becoming the first woman to head the business. Godrej Consumer Products has expanded its footprint in the worldwide market and grown under her leadership.

8. Shikha Sharma – Former Managing Director and CEO of Axis Bank

Shikha Sharma is a well-known Indian banker who served as the previous managing director and managing director of Axis Bank, one of the top private sector banks in India. Axis Bank saw substantial development and expansion under her tenure, elevating it to the top tier of Indian banks.

9. Falguni Nayar – Founder and CEO of Nykaa

Nykaa is India’s top beauty and wellness e-commerce platform, and Falguni Nayar is its founder and CEO. Since launching Nykaa in 2012, she built it into a multi-million dollar business with a presence in over 45 locations throughout India. Entrepreneur of the Year for the 2019 ET Startup Awards went to Nayar.

10. Debjani Ghosh – President of NASSCOM

One of the most powerful trade associations in India’s technology sector, the National Association of Software and Services Companies (NASSCOM), is led by Debjani Ghosh as president. In addition to being one of the most powerful businesswomen in India in 2023, she is a well-known supporter of women’s rights and gender equality.

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