Women’s participation in tech workforce is expected to rise to 10% by 2027: Report
The report titled "Women at the Heart of India's Digital Evolution" provides insights into a number of topics, such as the total number of women working in technology in India, the employment of women in non-tech and global capability centers, trends in the expansion of the female workforce
According to a survey by tech staffing and solutions provider TeamLease Digital, women’s engagement in the IT workforce at global competence centers is expected to increase from 25% to 35% by 2027.
Multinational companies’ offshore units, known as “global capability centers” carry out a variety of strategic tasks. According to the survey, women currently make up 35% of the workforce at these centers, with the majority working in IT (81%), operations (16%), marketing (2%), and finance (roughly 1%).
The report titled “Women at the Heart of India’s Digital Evolution” provides insights into a number of topics, such as the total number of women working in technology in India, the employment of women in non-tech and global capability centers, trends in the expansion of the female workforce by city, in-demand and cutting-edge tech roles for women, and obstacles faced by women in the field. According to the report’s prognosis for the future, women’s engagement in technology will rise by 24.3% by 2027 at all levels (entry/freshers, junior, mid-senior, leadership, and C-suite roles).
The research also emphasizes that women must make up more than half of the newly created workforce by 2030 and that the next five years will be crucial for the nation to achieve an 8% GDP growth rate.
Although women have made enormous contributions to the tech sector, as opposed to the projected 36.1 lakh male industry, there will be far fewer women in the sector by 2024—20.5 lakh. The low educational enrollment of young women, the gender wage gap, the lack of high-quality chances, safety concerns, societal norms, discriminatory employment practices, and the absence of return-to-work legislation are some of the reasons behind this.
A peek at tech women’s involvement in non-tech fields is also provided by the report. The results showed that by FY2025, on average, over 40% of women would be employed in the BFSI, manufacturing, consumer, and retail sectors for roles that were related to technology as well as non-tech.
It is anticipated that there will be 9% more women, on average, working in tech roles in non-tech organizations. Women from Tier I cities are more likely than those from Tier II cities to enter the workforce (55%). In the upcoming months, it is anticipated that hiring for women will mostly focus on Maharashtra, Tamil Nadu, and Gujarat. Talent will also be hired in places like Chennai, Pune, Nasik, Coimbatore, Kochi, Aurangabad, and Vadodara. Currently, 43% of all female workers are employed in the manufacturing sector, with 42% of them coming from Tamil Nadu.
The comparison of gender representation at every level of hierarchy is also disclosed in the report. With 34% of the total, women are more concentrated at the fresher level. With 26% of women at the junior level (3-5 years of experience), 18% at the mid-senior level (5–15 years of experience), 11% in leadership roles (15–20 years of experience), and just 8% at the C-suite/boardroom level, this number, however, progressively decreases as one moves up the hierarchy. The report states that positions in tech related to quantum computing, blockchain development, AI ethics officer, AI researcher, cybersecurity, 5G technology, sustainability in tech, smart city technology planner, and edge computing will be in high demand among women in the future.
The report suggests promoting STEM education for girls, implementing gender-sensitive hiring practices, creating inclusive workplace cultures, encouraging mentorship and networking, addressing the wage gap, improving legal and policy frameworks, and establishing accountability mechanisms to increase women’s workforce participation.
Neeti Sharma, Chief Executive Officer of TeamLease Digital, stated, “Our detailed analysis goes deeply into the current state of women in the professional world. With barely 0.5% of the overall female workforce working in non-tech fields, there is an urgent need to increase female participation in this domain.” She said, “Having said that, the tech sector is increasingly prioritizing the employment of women, and India’s women’s STEM involvement stands at 43% globally, the highest in the world.
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