2.7 C
London
Saturday, January 28, 2023

Tech majors are also the companies that employ the largest number of women

Must read

Southwest develops software fixation to prevent travel meltdowns

After the disastrous Christmas travel season, which saw 16,700 flight cancellations, Southwest Airlines is testing new software solutions - and facing an investigation from...

Did Sssniperwolf’s boyfriend cheat on her? Explore relationship

Alia Shelesh, also known as SSSniperwolf or Lia Wolf, is a YouTuber, gamer and social media influencer from the United Kingdom. Her most...

The Untold Truth of Stephen Hawking’s Son

 Who is Stephen Hawking's son, Robert Hawking? Wiki bioRobert Hawking was born in the United Kingdom on May...

Memphis police bodycam shows Tire Nichols being beaten

IE 11 is not supported. For an optimal experience, please visit our site in a different browser.Post footage shows Memphis police detaining Nichols...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • With 2,10,000 female employees, Tata Consultancy Services (TCS) has been named as the highest female employees in the Hurun list released on Dec. 2.
  • Other IT majors Infosys, Wipro and HCL Technologies also rank second, third and fourth respectively in the list in terms of the number of female employees.
  • The 500 companies together employ 7.3 million people, of which 137 companies have more than 10,000 employees.

With 2,10,000 female employees, Tata Consultancy Services (TCS) has been named the highest female employer among the 500 most valuable companies by a Hurun report.

Despite the distinction, women make up only 35% of the workforce of India’s largest IT company, according to the 2022 Burgundy Private Hurun India 500 report. TCS added 27,055 new female employees between FY21 and FY22, the report said.

TCS also ranks second most valuable company on the list with a valuation of ₹11,68,390 crore despite losing 10% of its value in the period of one year. TCS also employs the most people overall with a total workforce of 5,92,195.

Other IT majors Infosys, Wipro and HCL Technologies also rank second, third and fourth respectively in the list in terms of the number of female employees.

According to the report, all 500 companies on the list employ more than 11.6 lakh women in total. The report, which came out Dec. 1, listed the most valuable companies in India — from a 234-year-old sugar and nutraceutical company to a year-old startup.

Top female employers in India

Company Number of female employees Percentage of female employees in the workforce
Tata Consulting Services 2.10.000 35%
infosys 1,24,498 40%
Wipro 88,946 36%
HCL technologies 62,780 28%
dependent industries 62,560 18%
Motherson Sumi Systems 52,501 41%
Tech Mahindra 42,774 34%
ICICI Bank 32,697 31%
HDFC Bank 22,750 16%
Page Industries 22,631 74%

Source: 2022 Burgundy Private Hurun India 500 Report

Manufacturer of innerwear and socks has the highest percentage of female employees

Interestingly, Page Industries, manufacturer of innerwear and socks, has the highest percentage of women of the companies on the list at 74%.

After Page Industries, Motherson Sumi Systems and IT major Infosys have the highest female percentage at 41% and 40% respectively.

Named India’s most valuable company by the report, Reliance Industries has just 18% female employees in its workforce and hired 22,620 new female employees in the past year.

The 500 companies collectively employ 7.3 million people, of which 137 companies have more than 10,000 employees and 103 companies have fewer than 1,000 employees, the report said.

In the past year, about 3.9 lakh new jobs have been created by the companies on the list.

All 500 companies on the list have 664 female directors appointed to their respective boards. Apollo Hospitals has the highest number of female directors of any company.

ALSO SEE:
Bahamas, Taiwan, Malta and more: Here are 10 countries that offer a digital nomad visa
India stands like an oasis in an era of uncertainty amid global inflation, says SBI Research

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Southwest develops software fixation to prevent travel meltdowns

After the disastrous Christmas travel season, which saw 16,700 flight cancellations, Southwest Airlines is testing new software solutions - and facing an investigation from...

Did Sssniperwolf’s boyfriend cheat on her? Explore relationship

Alia Shelesh, also known as SSSniperwolf or Lia Wolf, is a YouTuber, gamer and social media influencer from the United Kingdom. Her most...

The Untold Truth of Stephen Hawking’s Son

 Who is Stephen Hawking's son, Robert Hawking? Wiki bioRobert Hawking was born in the United Kingdom on May...

Memphis police bodycam shows Tire Nichols being beaten

IE 11 is not supported. For an optimal experience, please visit our site in a different browser.Post footage shows Memphis police detaining Nichols...

The 403-page Dungeons & Dragons game system is now licensed under Creative Commons • londonbusinessblog.com

It's now official: Dungeons & Dragons is licensed under the Creative Commons. This makes the popular tabletop role-playing game "freely available for any...