Nirmala Sitharaman & 5 Indians: Forbes Power List
Finance Minister Nirmala Sitharaman, Biocon Executive Chairperson Kiran Mazumdar-Shaw, and Nykaa founder Falguni Nayar have secured spots on Forbes‘ annual list of The World's 100 Most Powerful Women. Ranked at number 36, Sitharaman has consistently made the list for the fourth consecutive year.
The other notable Indian women on the list include 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 (rank: 67).
In 2021, Mazumdar-Shaw, Malhotra, and Nayar also earned positions on the prestigious list at 72nd, 52nd, and 88th spots, respectively. This year, Mazumdar-Shaw is ranked 72, while Nayar secures the 89th spot, as per Forbes' latest release.
Here's a breakdown of the Indian women featured on the list:
1. Nirmala Sitharaman (Rank: 32):
The Union Finance Minister has secured her position on the list for the fourth consecutive time.
2. Roshini Nadar Malhotra (Rank: 53):
As the Chairperson of HCLTech, Malhotra is responsible for strategic decisions for the USD 12 billion technology company.
3. Madhabi Puri Buch (Rank: 54):
Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), became the first female chair of SEBI on March 1, 2022.
4. Soma Mondal (Rank: 67):
Mondal, the Chairperson of the Steel Authority of India, made history as the first woman to lead the state-run company in January 2021, achieving record financial growth.
5. Kiran Mazumdar-Shaw (Rank: 72):
The Executive Chairperson and Founder of Biocon Limited and Biocon Biologics Limited is acknowledged as one of India's richest self-made women.
6. Falguni Sanjay Nayar (Rank: 89):
Founder and CEO of Nykaa, Nayar is recognized for her entrepreneurial journey, leading the beauty and lifestyle retail company to success.
Forbes evaluated candidates based on four main metrics: money, media, impact, and spheres of influence. These metrics considered factors such as GDP, population, revenues, employee counts, and media mentions. The result is a compilation of women challenging the status quo and making a significant impact in their respective fields.
Notably, European Commission President Ursula von der Leyen tops the list for her leadership during the Ukraine war and handling of the COVID-19 pandemic.
The list reflects the influence of women acting as stalwarts for democracy, with European Central Bank President Christine Lagarde and US Vice President Kamala Harris ranking 2nd and 3rd, respectively.
At the 100th position, the late Iranian activist Jina “Mahsa” Amini is posthumously recognized; her death in September sparking a women-led revolution for rights in Iran.
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