Women entrepreneurs to boost BRICS nations’ GDP

Dec 17, 2022

Moscow (Russia)/ New Delhi (India), Dec 17 (ANI/ TV BRICS): Uncompromising competition, tough decisions-- Business is strictly a man's turf. You disagree? And rightly so, figures disapprove common stereotypes. According to publicly available sources, today about 1 in 3 growing companies on the planet is in women's hands. Over 140 million women have become investors. The BRICS countries both illustrate the trend and support it with special programmes within the BRICS framework. In Russia, over the last 5 years, a national strategy of action for women has been implemented. As leadership in the BRICS group in terms of the number of companies owned by ladies has increased. Women from other countries can also join the women's business alliance. Developing international partnerships is one of the main goals of the organisation. According to surveys, Indian women entrepreneurs are now most likely to target the global market. The use of natural components, materials and ingredients allows them to compete boldly at the international level. That's how this sweet pie works. A resident of India, Harbhajan Kaur started her business on her daughter's advice. She became an entrepreneur at an advanced age when she was in her nineties! Besides personal motivation of female residents of the BRICS, there's the interest of each state in the development of women's entrepreneurship. A number of international experts estimate that the involvement of the majority of women in the economy and their cooperation with each other could increase the total GDP of the BRICS countries by about...