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Negligible number of women CXOs at India’s top auto companies, says Deloitte study, ETHRWorld

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hr.economictimes.indiatimes.com | www.ETHRWorld.com

<p>These 11 automakers command more than 85% market share in the passenger vehicle, commercial vehicle and two-wheeler segments, the analysis showed</p>
These 11 automakers command more than 85% market share in the passenger vehicle, commercial vehicle and two-wheeler segments, the analysis showed

Not only is the count of women CXOs negligible (less than 3%) across India’s top 11 automobile companies, but their salaries are also 11% lower than male counterparts, according to a Deloitte study exclusively shared with ET.

These 11 automakers command more than 85% market share in the passenger vehicle, commercial vehicle and two-wheeler segments, the analysis showed.

“While this (women participation) has increased by 140 bps in the last three years (it was 1% in 2020), the auto industry still has a long way to go to bridge the gender gap at leadership level,” said Neelesh Gupta, director, Deloitte India.

Executives at companies like Mercedes-Benz, Tata Motors, MG Motor India and Hero MotoCorp told ET they are stepping up focus on women participation in leadership positions.

At Tata Motors, the country’s third largest PV maker and largest CV manufacturer by sales volume, there were 4.9% women in top management positions as of December 31. Across all management levels, from junior to top management, only 7.43% were women.

“We are actively seeking to increase the representation of women in senior management positions,” said a spokesperson for Tata Motors. “Tata Motors is committed to enhancing these numbers and have set an internal goal to achieve a double-digit percentage…

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