The landscape of India’s manufacturing sector is undergoing a significant transformation. Recent data from the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 reveals that female proprietors now head 58% of establishments in this sector. This marks a notable increase of 4 percentage points from the previous year. The survey also highlights the growing presence of women in the workforce, with females constituting 28.1% of total workers across various sectors. This article delves into the implications of these findings, the regional variations in female employment, and the broader impact of the unincorporated non-agricultural sector on the economy.

Rising Female Proprietorship in Manufacturing

The ASUSE 2023-24 survey indicates a positive trend in female leadership within the manufacturing sector. The share of establishments led by female proprietors has risen to 26.2%, up from 22.9% in the previous year. This increase reflects a growing recognition of women’s capabilities in managing and running businesses. In the realm of other services, the percentage of female-led establishments has surged from 9.7% to 14.2%.

Read more at: https://observervoice.com/female-leadership-in-indias-manufacturing-sector-92489/