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Women Entrepreneurs Guntur Chapter to be launched on March 8

Women Entrepreneurs Guntur Chapter to be launched on March 8

The Hindu
Sunday, February 25, 2024 06:38:18 PM UTC

Guntur Women Entrepreneurs Chapter launching on March 8 to empower women in various industries for economic growth.

The Women Entrepreneurs Chapter of Guntur will be launched on March 8. It will be a subsidiary of the Andhra Pradesh Chambers of Commerce and Industry Federation.

Women entrepreneurs from the region, across various industrial sectors such as medicine, jewellery, food products and others, participated in an introductory meeting held in Guntur on Sunday. Participants spoke about their achievements and discussed the problems they have been facing

Madhavi Latha, MD, Sakku Group initiated the Guntur Chapter while Mamatha Rayapati, Deputy MD, Ramesh Hospitals informed that this women’s wing is going to play a crucial role in creating awareness among the entrepreneurs. 

Addressing the gathering on this occasion, Potluri Bhaskara Rao, President of A.P. Chambers said that women’s participation in the economy was essential for sustainable economic development, gender equality, and poverty alleviation. At present, women’s economic contribution in India accounts for only 17% of the GDP, less than half the global average, he added. The World Bank reports that India could increase GDP growth by 1.5% by including 50% of the women in the workforce, he highlighted.  

Moreover, Mr. Rao said that the women’s chapter would work on policy matters, market issues and other common problems. He also assured that the A.P. Chambers would extend the required support to the women wing. 

Read full story on The Hindu
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