Six Indians have been named to Forbes’ annual list of The World’s 100 Most Powerful Women, including Finance Minister Nirmala Sitharaman, Biocon Executive Chairperson Kiran Mazumdar-Shaw, and Nykaa founder Falguni Nayar. Nirmala Sitharaman, ranked 36, has made the list for the fourth time in a row. The 63-year-old minister was ranked 37th on the list in 2021, after being 41st in 2020 and 34th in 2019.
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HCLTech Chairperson Roshni Nadar Malhotra (rank: 53), Securities And Exchange Board Of India (SEBI) Chairperson Madhabi Puri Buch (rank: 54), and Steel Authority Of India Chairperson Soma Mondal are the other Indians on the list (rank: 67).
Last year, Roshni Nadar Malhotra, Kiran Mazumdar-Shaw, and Falguni Nayar were ranked 52nd, 72nd, and 88th, respectively, on the prestigious list.
According to the Forbes list released on Tuesday, Kiran Mazumdar-Shaw is ranked 72 this year, while Falguni Nayar is ranked 89.
Proud to see @nsitharaman Ji grace the list of @Forbes World’s 100 Most Powerful Women-4th time in a row!
Your decisive leadership despite strong headwinds has not just placed India in the league of formidable powers, but has also inspired many women to follow in your footsteps. pic.twitter.com/xaIjFfqohA
— Jyotiraditya M. Scindia (@JM_Scindia) December 8, 2022
There are 39 CEOs on the list, 10 heads of state, and 11 billionaires worth a total of $115 billion.
According to Forbes, Falguni Nayar, 59, “worked as an investment banker for two decades, leading IPOs and helping other entrepreneurs achieve their dreams. In 2012, she decided to work for herself, investing USD 2 million of her own savings to launch the beauty and retail company Nykaa, which she took public in 2021 and became India’s richest self-made woman.”
According to Forbes, Roshni Nadar Malhotra, 41, is in charge of all strategic decisions for the $12 billion technology firm.
Soma Mondal, 59, became the first woman to lead the state-owned Steel Authority of India (SAIL) in January 2021, and has overseen the company’s financial growth. According to Forbes, the company’s profits tripled to 120 billion rupees in her first year in charge.
Mazumdar-Shaw, 69, was described as one of India’s richest self-made women. In 1978, she founded India’s largest publicly traded biopharmaceutical company by revenue. The company has successfully entered the lucrative US market. According to the company, it has Asia’s largest insulin factory in Malaysia’s Johor region.
