Mumbai: The Young FICCI Ladies Organisation (YFLO), Delhi, the women’s wing of FICCI, has appointed Dr Payal Kanodia as the new chairperson for the year 2024-25. Dr Payal Kanodia is a chairperson & trustee of M3M Foundation, and a promoter in M3M Group.
Popularly known as a ‘change-maker’ for her contribution to the society, Dr Kanodia believes in aligning with the government vision to achieve better reach and impact towards women empowerment. On her appointment as chairperson of YFLO, she said, “I am quite delighted to be elected as the Chairperson of YFLO - Delhi chapter, for the year 2024-25 and looking forward to working with the best of minds at YFLO. Every year, the Chairperson of YFLO introduces a new theme, and this year, being Chairperson of YFLO Delhi, I have chosen the theme as - ‘Unleash Mind, Body, Soul’. The theme would reflect on our collective journey towards self-discovery, growth and empowerment. The power and limitless possibilities that our soul, our bodies and our mind holds has always been inspiring.”
“I have always said that India is a country that has high potential to utilize and mobilize women force to achieve the distinction of a $10 trillion economy. There are about 16 million businesses owned by women that provide employment to about 30 million people. Over 10 million working women in India have set their priorities in excelling into corporate world at leadership roles. About 15-17000 Startups out of 90,000 Startups in India are led by women. In the Indian MSME sector, women-led businesses are more than 20 per cent and contribute around about 25 per cent of the labour force. Even the IMF estimates that equal participation of women in the workforce can increase India's GDP by about 30 per cent. Even globally, women control about $20 trillion in annual consumer spending, and that figure could climb as high as $28 trillion in the next five years. Women produce about 60 percent of the world's goods and services and are also the largest buyers and investors. YFLO would play its role to align and develop as much women entrepreneurs from not just cities but also from rural India” Dr. Kanodia added.
YFLO represents over 9500 women entrepreneurs and professionals and Delhi chapter alone has over 500 women entrepreneurs. With over 40 years of experience, YFLO has been promoting entrepreneurship and professional excellence among women through workshops, seminars, conferences, training and capacity building programs etc.
Dr Payal Kanodia has been felicitated with many national and international acclamations including – “Times 40 under 40”, “Karamveer Global Fellowship”, instituted by #iCONGO, in partnership with United Nations - “Mahatma Award” and “CSR Person of the Year Award 2022”. She has been recently recognized as the “Leader of Hope” during the Indian Brand and Leadership Conclave & Awards 2024 in Goa. She is also the Director General of India-Kosovo Trade Relations, and a listed member with Royal Asiatic Society - Great Britain, English Heritage - UK, and Royal Society of St. George – England.
