Chairperson of HCL technologies, Roshini Nadar Malhotra has maintained her position as the richest woman in India along with a 54 percent rise in her net worth which is Rs 84,330 crore as of 2021.
According to the Kotak Private Banking-Hurun list published on Wednesday, Falguni Nayar, who left his investment banking career to start the brand focused on beauty named Nayka a decade ago, turned out to be the richest self-made woman with a net worth of Rs 57,520 crore.
Nayar is 59 years old and has seen a 963 percent growth in her wealth. She is the second richest woman in India overall after 40-year-old Roshini Nadar who is the daughter of Shiv Nadar founder of HCL technologies, the report revealed.
Moreover, Biocon’s Kiran Mazumdar-Shaw faced a 21 percent decrease in her wealth leading her one rank down to the third richest woman in the country with an overall wealth of Rs 29,030 crore.
The list published accounts for the top 100 women in India and defined as born and brought up in India and are actively managing their businesses or are self-made.
The collective wealth of all these 100 women have increased 53 percent in a year from Rs 2.72 lakh crore in 2020 to Rs 4.16 lakh crore in 2021 and now, they contribute 2 percent to the nominal GDP of India.
The cut-off for making into the list of top 100 women has increased to Rs 300 crore which was Rs 100 crores earlier and to make it to the top 10, the cut-off is at Rs 6,620 crore, which has risen 10 percent from the previous year.
The highest numbers of newcomers are from the region of Delhi NCR which is 25 followed by Mumbai (21) and Hyderabad (12).
Further, looking from the sector’s perspective, the highest numbers of entrants are from pharmaceuticals along with 12 newcomers followed by healthcare at 11 and consumer goods with nine women in the top 100 richest women in India.
Moreover, Apollo Hospital Enterprise contributed 4 newcomers to the list which is the highest by a single company followed by Metro Shoes and Devi Sea Foods with two entrants each.
33 years old Kanika Tekriwal of Bhopal-based Jetsetgo is the youngest on the list with a 50 percent jump in her wealth at Rs 420 crores.
Furthermore, the list includes three professional managers at the top Indra Nooyi who was associated with Pepsico with a wealth of Rs 5,040 crore, followed by Renu Sud Karnad who works as mortgage lender HDFC at Rs 870 crore, and Shanti Ekambaram of Kotak Mahindra Bank at Rs 320 crore.
