A WORK IN PROGRESS
Business Today India|December 24, 2023
THE HEALTHCARE AND PHARMACEUTICAL SECTORS ARE EXPERIENCING A POSITIVE SHIFT WITH MORE AND MORE WOMEN MAKING BIG STRIDES. BUT, IT IS STILL A CHALLENGE TO REACH LEADERSHIP POSITIONS 
NEETU CHANDRA SHARMA
A WORK IN PROGRESS

WHEN NAMRATA VARDAM was researching career paths after her BSc in Zoology, followed by an MBA, she picked hospitality sales. But selling hotel rooms and banquets left her hungry. She switched to pharmaceutical sales. Today, Vardam, 33, is a product executive at Entod Pharma, a specialist in ophthalmic and ENT medicines, but has switched from sales to marketing. She is happy with her choice: she has a meaningful role in connecting science with people. "I'm fascinated by the blend of science and communication. The pharma industry offers a chance to make complex science understandable to a wider audience," says Vardam.

Healthcare and pharmaceuticals are being transformed by the entry of women at all levels-women who are creating a new era of inclusivity and diversity.

Possibly more than any other sector, India's healthcare and pharma have been known for a few decades now for women at the top, whether they were joining the family business (Sangita Reddy and her three sisters at Apollo Hospitals) or creating a world-class business (Kiran Mazumdar-Shaw of Biocon).

More women are getting boardroom seats, as consultancy EY says in its October 2022 report 'Diversity in the Boardroom: Progress and the Way Forward'. The EY report says India has made substantial progress, with women accounting for an average of 18 per cent of board seats in 2022, up from just 6 per cent in 2013.

This number, based on companies in the BSE 200 index, puts India among those with less than 25 per cent, such as Singapore (24.1 per cent), Brazil (18.2 per cent), Hong Kong (17.9 per cent), and Japan (14.7 per cent).

In India, the life sciences sector took the lead, with women holding 24 per cent of board seats in October 2022, followed by the media & entertainment sector.

THE BECKONING

This story is from the December 24, 2023 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 24, 2023 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView All
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 mins  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024
A DECENT PROPOSAL
Business Today India

A DECENT PROPOSAL

IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?

time-read
5 mins  |
November 24, 2024
Women and the STEM Bias
Business Today India

Women and the STEM Bias

EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.

time-read
3 mins  |
November 24, 2024
ROCKET WOMEN
Business Today India

ROCKET WOMEN

WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.

time-read
6 mins  |
November 24, 2024
ONE STEP FORWARD
Business Today India

ONE STEP FORWARD

THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.

time-read
6 mins  |
November 24, 2024