Hyderabad|India|Sept'2012:Women Business entrepreneurship is the
biggest in the world. Women-owned businesses represent 32-39 percent of
all business across the globe. Women do 66 percent of the global work but
receive only 10 percent of the income and own a paltry 1 percent of
property. A lot of injustice is meted out to women across the globe.
WEConnect International would like to help empower women’s business
enterprises said Ms. Virginia Littlejohn, Global Advisor, WEConnect while
addressing an exclusive Round Table Conference on Market Opportunities for
Women Owned Businesses here in city on Monday. US Consul General Katherine
S. Dhanani speaking on the occasion said that American Government is a
front runner in encouraging women entrepreneurship. Our Secretary Hillary
Clinton has always extended help in promoting women entrepreneurship and
assured all help from the US Government.
Speaking on the occasion Ms. Sucharita Eashwar, Executive Director India, WEConnect International said WEConnect is formed by many MNC companies together such as Ernst & Young, Coca-Cola, Accenture, IBM, Marriott, Dell, Microsoft, Motorola, Pfizer and many other similar companies. They all together represent $700 billion annual purchasing power. When a women enterprise is certified by WEConnect, these companies outsource some of their products or services from such women enterprises. Vision 2K+ Inc. offering strategic Medical Business Solutions became Andhra Pradesh’s first WEConnect certified women-owned enterprise. Vision 2K+ Inc. is run by Ms. P. Soudhamini and offers services such as Medical Transcription, Coding & Billing, EMR & POS and MBPO Services. It has about 500 employees and 1000+ clients all over the USA.
Adding further Ms. Sucharita Eashwar stated that women represent 50 percent of world population. Women make over 70 percent of consumer purchase decisions and impact over $12 trillion. But women are almost invisible in the global value chain as a supplier. We will together change this, she said. Though WEConnect is there in India for six months we will like to focus on 8-10 major cities viz., Mumbai, Bangalore, Hyderabad, Chennai, Delhi, Kolkata, etc. We have partnered with CII, eMARG, MAWE, NASSCOM, SEWA, COWE and World Bank informed Ms. Sucharita.
Ms. Sandhya Reddy, President, Confederation of Women Entrepreneurs (COWE) speaking on the occasion said that COWE has entered a MoU with WEConnect to get exposure for its member enterprises abroad. Globally WEConnect certified 673 women business enterprises across 34 countries. In India, 136 care certified. In Andhra Pradesh, only one company i.e. Vision 2K+ Inc. is certified by WEConnect, she informed.
Ms. P. Soudhamini, Sr. Vice President of COWE and Director of Vision 2K+ Inc. said that it gives her immense pride to be the first WEConnect certified company in Andhra Pradesh. With this many member companies will look to us for outsourcing their services.
Panelists at The Round Table Conference on Market Opportunities for Women Owned Businesses included Ms. Amita Kesebakar, Director Diversity & Inclusivity, Deloitte, Hyderabad; Mr. Sudhir Kumar M.V., Asst. Director, MSME-Development Institute, Hyderabad; Dr. Sudha Reddy, KNB Enterprises (Women Entrepreneur who developed many companies from a small company putting her own efforts); Ms. Rasheeda Adenwala, C.S., Founder Member of R.A. Associates (handling many companies singlehandedly); Ms. Aarathi Patil, Halsa-Icon India Pvt. Ltd. (Women Entrepreneur who started her own company and now attracting many funds from Venture Capitalists). The round table conference was jointly organised by WEConnect International, a corporate led non-profit organization working for empowering women’s business enterprises and Confederation of Women Entrepreneurs (COWE), a non-profit trade body of successful women entrepreneurs promoting social and economic development of women through entrepreneurship.