Roshni Nadar Malhotra, the chairperson of HCL Technologies, has retained her position as the richest woman in India. As per the Kotak Private Banking-Hurun list, Nayar’s (59) net worth jumped by 54 percent to Rs 84,330 crore in 2021.
She was followed by Falguni Nayar, who quit her investment banking career to start the beauty-focused brand Nykaa around a decade ago. She is also the richest self-made woman with a net worth of Rs 57,520 crore.
Biocon’s Kiran Mazumdar-Shaw witnessed a 21 percent decline in her fortune and has moved down one rank to be the third richest woman in the country with a wealth of Rs 29,030 crore, it said.
The list of 100 women accounts for only Indian women, defined as born or brought up in India, who are actively managing their businesses or are self-made.
The cumulative wealth of these 100 women has increased 53 percent in a year to Rs 4.16 lakh crore in 2021 from Rs 2.72 lakh crore in 2020, and they now contribute 2 percent of India’s nominal GDP.
The cut-off for making it into the top 100 has increased to Rs 300 crore from Rs 100 crore earlier, and the top 10 cut-off is at Rs 6,620 crore, which is a 10 percent jump from the previous year.
The highest number of entrants in the list are from Delhi-National Capital Region at 25, followed by Mumbai (21) and Hyderabad (12), it said.
When looked at from a sectoral perspective, pharmaceuticals led with 12 entrants followed by healthcare at 11 and consumer goods with nine women in the top 100 richest women in India.
Apollo Hospitals Enterprise contributed four entrants to the list, making it the highest contribution by a single company. It was followed by Metro Shoes and Devi Sea Foods at two entrants each.
Kanika Tekriwal (33y/o) of Bhopal-based Jetsetgo is the youngest on the list with a 50 percent increase in wealth at Rs 420 crore.
The list also includes three professional managers and is led by Indra Nooyi, who was associated with Pepsico with a fortune of Rs 5,040 crore, followed by Renu Sud Karnad of mortgage lender HDFC at Rs 870 crore and Shanti Ekambaram of Kotak Mahindra Bank at Rs 320 crore.
With PTI Inputs