Roshni Nadar: India’s Richest Woman

With a brimming development and an aim for the Future, India has been the fastest growing country. Both men and women have been playing an important role to achieve this pinnacle of glory and when we talk about the richest woman, our interest will surely lie in the chairperson of Indian tech giant HCL Technologies Limited.

Retained her Position for 2 consecutive year

As per a report, Roshni Nadar Malhotra, the incumbent chairperson of HCL Technologies, has maintained her position as India’s wealthiest woman, while Falguni Nayar, the founder of Nykaa, has emerged as the most affluent self-made woman in the country.

Current Ranks

• Roshni Nadar Malhotra, the current chairperson of HCL Technologies, holds the distinction of being the wealthiest woman in India
• Falguni Nayar, the founder of Nykaa, is recognized as the most prosperous self-made woman in India with a net worth of Rs 57,520 crore.
• Kiran Mazumdar-Shaw, who ranks third in the list, experienced a decline of 21 percent in her wealth, which now amounts to Rs 29,030 crore.

According to the recently published Kotak Private Banking-Hurun list, Roshni Nadar Malhotra, Chairperson of HCL Technologies, continues to hold her position as India’s wealthiest woman, with a notable 54 percent increase in her net worth, which totals Rs 84,330 Crore in 2021.

Falguni Nayar, who transitioned from a career in investment banking to launch the popular beauty-oriented brand Nykaa almost ten years ago, also made it to the list and is acclaimed as the richest self-made woman, boasting a net worth of Rs 57,520 Crore. Also, know more about PharmEasy: A New Addition to the Med World

Nayar ‘s rising graph

According to the report, Nayar, aged 59, experienced an astounding 963% rise in her wealth over the year, securing her position as the second richest woman in the country.

However, she is still behind Malhotra, aged 40 and the daughter of HCL Technologies’ founder Shiv Nadar.

On the other hand, Kiran Mazumdar-Shaw, the CEO of Biocon, saw her fortune decline by 21%, leading to a shift in her rank as she now holds the third position as the richest woman in the country with a total wealth of Rs 29,030 crores.

Note: There is a thin line of difference between Roshni Nadar and Falguni Nagar because the former one is the India’s richest woman and the latter is the richest self-made woman in India. Nevertheless,both have dedicated themselves to their work and are striving for a better outlook in the future. Also go through The Success Story of Nykaa: India’s Premier Beauty Retail Platform.”

Qualifications to be in this list

• The selection of 100 distinguished women entrepreneurs hails from India, comprising those who were either born or raised in the country, and are currently engaged in actively overseeing their businesses or have achieved success through self-reliance.
• These 100 women have amassed a collective net worth of Rs 4.16 lakh crore in 2021, marking an impressive 53 percent upsurge from Rs 2.72 lakh crore in 2020, and their contribution to India’s nominal GDP has now reached 2 percent.
• The threshold for qualification in the top 100 has been raised to Rs. 300 crore from its previous amount of Rs. 100 crore.
• Moreover, the cut-off for the top 10 has been set at Rs. 6,620 crore, representing a 10% uptick from the prior year.

Which states feature highly in the ranking of regions with a high concentration of affluent women?

– According to the report, Delhi-National Capital Region boasts the highest number of entrants on the list, standing at 25, with Mumbai coming in at 21 and Hyderabad at 12. Learn more about New UPI Rules Starting From April 1

Other Achievements of women in the list

A breakdown by sector reveals that pharmaceuticals leads the pack with 12 entrants, trailed by healthcare at 11 and consumer goods at nine among the top 100 richest women in India.

– Apollo Hospitals Enterprise leads with the highest contribution of four entrants, followed by Metro Shoes and Devi Sea Foods with two entrants each.

– At the age of 33, Kanika Tekriwal, who heads Jetsetgo based in Bhopal, has emerged as the youngest entrepreneur on the list. Her wealth has grown by 50% and currently stands at Rs 420 crore.

– The list comprises of three skilled managers and is headed by Indra Nooyi, who amassed a fortune of Rs 5,040 crore during her association with Pepsico.

– Following her on the list are Renu Sud Karnad of mortgage lender HDFC with a net worth of Rs 870 crore and Shanti Ekambaram of Kotak Mahindra Bank with a valuation of Rs 320 crore.

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