FedEx Express (FedEx), a subsidiary of FedEx Corp, has distributed Saksham kits to over 110 women entrepreneurs from lower-income groups to help them scale their businesses.
Through the ‘Saksham’ initiative, FedEx has furthered its commitment to gender diversity and economic empowerment in collaboration with United Way Mumbai (UWM).
Suvendu Choudhury, Vice President of Operations, India and Customer Experience, MEISA at FedEx, emphasized the initiative’s broader implications, “We at FedEx firmly believe in the transformative power of investing in women’s empowerment. Focusing on dismantling the barriers to women’s economic participation and supporting over a thousand beneficiaries to date allows us to contribute to inclusion and drive significant progress toward equitable growth. Embracing diversity and inclusivity is crucial, not only as a moral imperative but also as a foundational element for the development of any country.”
World Bank research estimates that closing gender employment gaps could increase GDP per capita by nearly 20%, highlighting the importance of initiatives like Saksham that benefit communities.
George Aikara, Chief Executive Officer of UWM, said, “When women succeed, communities flourish. Though, in most instances, many women may possess the skill, the lack of financial resources and capital prohibits them from starting their own ventures. The Saksham toolkits have a potential to make a tangible difference by equipping women entrepreneurs with essential capital to thrive in their businesses and contribute to economic empowerment. Together with FedEx, we can accelerate progress towards gender equality and economic empowerment for women across India.”
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