FedEx strengthens gender diversity commitment by supporting more than 290 women-owned small businesses from lower income groups
India, March 14, 2023: FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, along with United Way Mumbai (UWM) is helping more than 290 women small business owners in Mumbai expand their enterprises through the Saksham initiative.
Through this initiative, women from lower-income groups who have the skills, but are unable to grow their small businesses due to lack of funding opportunities, receive the ‘Saksham Kit’. These women represent a wide range of businesses across sectors including home beauty services, tailoring, and a variety of homemade products. These supplies are customized according to the need of each beneficiary, and includes the latest technology tools to improve their product quality, reduce their production time, and help them cater to more customers.
According to a Mckinsey Global Institute analysis, increasing female workforce participation in India might add USD 700 billion to global GDP. These start-ups have a more inclusive work culture and employ three times as many women as men. Furthermore, women-led firms are expected to grow by 90% over the next five years. [1]
“Advancing gender equality is part of our commitment to diversity, equity and inclusion, not only at our workplace, but also in the communities we serve. It is an integral part of our culture and a vital business consideration to create a better future for all team members, customers, and communities”, said Suvendu Choudhury, Vice President, Operations-India, FedEx Express. “This program is part of our continuous efforts to equip women enterpreneurs and small businesses with the necessary tools to explore new possibilities and contribute to the advancement of the local economy.”
George Aikara, Chief Operating Officer, UWM said, "Project Saksham recognizes that empowering women entrepreneurs not only transforms families but also contributes deeply to equitable societal development. By running their own businesses, women can expand their horizons, interact with customers and suppliers, and take on leadership roles in their families and communities. We are proud that many of our women entrepreneurs have become advocates for improving education and nutrition opportunities for girls both at home and in their communities. We are grateful for the continued support of FedEx over the years in helping us to achieve our mission."
FedEx started with supporting 400 women in 2021, and this number has since increased to over 950 women in 2023.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-
· Technopark-based Lifology holds conversation on IER 2024
Thiru
The New MOTIV Mix™ Interface Simplifies Audio Workflow and Ensures Perfect Recordings, Every Time
<
Business / 18-04-2024
STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSCBusiness / 18-04-2024
India Employment Report pitches for policy to promote jobsBusiness / 18-04-2024
The EMAK Festoon Silent Heroes Awards-24 Concludes at Le Méridien, KochiBusiness / 18-04-2024
Axis AMC elevates R Sivakumar to Head of Corporate StrategyBusiness / 18-04-2024
Celebrate Baby Massage Day with Johnson's Baby Oil: The Perfect Choice to help nourish your little one’s skin from day 1Pelikken © Copyright 2022, All Rights Reserved
