Winning the War for Talent in Emerging Markets: Why Women Are the Solution

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India

Chanda Kochhar is a superstar in the Indian business world. Since taking the helm of ICICI Bank in May 2009, Kochhar has been credited with turning around India's largest private bank, transforming it into a retail banking powerhouse. She now oversees a financial firm with assets of $100 billion and counts as one of most powerful women in business, both in India and on the global front.¹

It is often assumed that Kochhar and other highly successful Indian women who are making their mark on the global stage—women like Indra Nooyi of PepsiCo, Inc., Sara Mathew of Dun & Bradstreet, and Kiran Mazumdar-Shaw of Biocon—are isolated exceptions. Many Westerners continue to view India as tradition-bound and poverty-ridden, a place where women are ...