02.27.18
Procter & Gamble will source $30 million from female-owned businesses in India over the next three years, according to a report in the Economic Times. The initiatives to support women entrepreneurs builds on P&G's commitment to promote greater gender equality in line with the United Nations' sustainable developmnet goals.
The company will partner with WEConnect India, a non-profit organization that connects women-owned businesses to qualified buyers to develop capabilities among women entrepreneurs through training and workshops.
"By committing a percentage of our spending to women-owned buisnesses, we are not only doing the right thing for the company, but we are being socially responsible. The impact of our spending with women-owned buisneses helps to stimulate economic growth in communities that are often overlooked," says Al Rajwani, P&G India sub-continent managing director and CEO.
P&G, in partnership wtih WEConnect, will also organize conferences across the country to address the issues facing women entrepreneurs and sicuss solutions and initiatives for tackling them.
The company will partner with WEConnect India, a non-profit organization that connects women-owned businesses to qualified buyers to develop capabilities among women entrepreneurs through training and workshops.
"By committing a percentage of our spending to women-owned buisnesses, we are not only doing the right thing for the company, but we are being socially responsible. The impact of our spending with women-owned buisneses helps to stimulate economic growth in communities that are often overlooked," says Al Rajwani, P&G India sub-continent managing director and CEO.
P&G, in partnership wtih WEConnect, will also organize conferences across the country to address the issues facing women entrepreneurs and sicuss solutions and initiatives for tackling them.