Women entrepreneurship witnesses growth in Telangana
The emerging sectors are namely Handloom and Stitched Apparel, Food Processing, and IT and ITeS.
Hyderabad: The women entrepreneurship ecosystem in Telangana is seeing three emerging sectors namely Handloom and Stitched Apparel, Food Processing, and IT and ITeS. This was revealed by a report by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH which is implementing the Economic Empowerment of Women Entrepreneurs and Start-ups by Women (Her&Now) project in India. The ongoing project is being done on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE).
GIZ’s Project Her&Now came out with a detailed report titled Women-led Micro Entrepreneurship: An Analysis of Value Chains and Opportunities’. The food processing sector is emerging due to the abundance of crops, vegetables and fruits and spices grown around the year in various parts of Telangana thus providing an opportunity for women entrepreneurs.
Accelerated by the large-scale digital transition in B2B and B2C spaces after the pandemic, the IT & ITeS sectors in Telangana holds an immense potential in the near future to fuel numerous hardware and software-based enterprises’ growth. Telangana is famous for its Pochampally Ikat, Gadwal, Narayanpet and Gollabama sarees, and various other types of handloom. The state’s women entrepreneurs operating in the handloom sector largely function as boutique owners, while some run dyeing units that feed into the weaving set-ups.
Project Her&Now is being run in Telangana in partnership with WE Hub and has supported several women entrepreneurs of the State from these ‘emerging’ sectors, through its flagship Entrepreneurship Support Programme.
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