Evolution and significance of women entrepreneurs in India

J. Suresh Kumar 1, * and D. Shobana 2

1 Department of Economics, St. Joseph University, Chümoukedima, Nagaland, India.
2 Department of Management Studies, St. Joseph University, Chümoukedima, Nagaland, India.
 
Review Article
World Journal of Advanced Research and Reviews, 2023, 19(02), 1445–1458
Article DOI: 10.30574/wjarr.2023.19.2.1554
 
Publication history: 
Received on 22 June 2023; revised on 31 July 2023; accepted on 02 August 2023
 
Abstract: 
Women entrepreneurship has emerged as a significant contributor to India's economic growth and development. The presence and significance of women entrepreneurs in India have witnessed a remarkable evolution over the past few decades. Historically constrained by societal norms and gender biases, women in India faced numerous challenges in pursuing entrepreneurial ventures. Over the years, women entrepreneurs in India have shattered barriers and made remarkable strides in various sectors. However, despite these achievements, women continue to face unique challenges in their entrepreneurial journey, changing social attitudes and policy support, women have emerged as a driving force in the country's entrepreneurial landscape. This research paper aims to examine the evolution of women entrepreneurship in India and its growing significance for the economy and society. It begins by delving into the historical context, highlighting the traditional roles assigned to women and the barriers they encountered in becoming entrepreneurs. The study then proceeds to explore key socio-economic and policy developments that have fostered the empowerment and growth of women entrepreneurs in recent times. The methodology involves a comprehensive review of existing literature, reports, and statistical data related to women entrepreneurship in India. Additionally, the paper addresses the economic impact of women entrepreneurs in terms of job creation, GDP contribution, and empowerment of women in the workforce. It also discusses the societal significance of women entrepreneurs as role models, fostering a culture of gender equality and women empowerment. Ultimately, the research emphasizes the need for continued support and targeted policies to further promote and nurture women entrepreneurship in India. 
 
Keywords: 
Women Entrepreneurs; Employment; Empowerment; Gender Equality; Challenges and Opportunities
 
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