HDFC ERGO Targets To Achieve 20% Female Workforce By 2023

Encouraging more women to be part of the company has been integrated with its Project Shakti

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Acknowledging the power of women and leveraging their strength in the corporate sector, HDFC ERGO- a leading Private General Insurer has set a target to achieve a 20 % woman workforce in the company by 2023 and 25% by 2025. Encouraging more women to be part of the company has been integrated with its Project Shakti. HDFC ERGO announced its plan to unleash the power of women during a Webinar today.

Addressing the opening session, Mehmood Mansoori, President – Shared Services and Online Business, HDFC ERGO said, “Diversity is not only about gender, but also about diversity of mind, skill, thought process. We strongly believe that people with different backgrounds and regions come together in a company and create miracles. The organization was set up in 2008 and currently, we have a significant number of women workforce in our different divisions like sales, support, health, motor vehicle, and customer service. We plan to achieve 25% women workforce in the company by 2025.”

The company has been running mentoring programs for women and have introduced a slew of measures to make them comfortable with flexible work hours, Work From Home, and a favourable posting and transfer policy.

Elaborating the Project Shakti, Mr Anuj Tyagi- National Head Corporate Business, HDFC ERGO said, “Project Shakti is the beginning of the diversity and inclusion journey at HRFC ERGO. We are excited to launch the first pillar under this umbrella through our series of gender diversity initiatives. We are determined to hire, nurture and grow those who decide to join us on this incredible journey. We believe that each one has a unique ability – the Shakti within and HDFC ERGO aims to be the melting pot for unleashing this power by creating an equitable workplace for all.”

Project Shakti draws inspiration from a Vedic Hymn- “ Yatra Narishu Pujayante Ramante Tatra Devata ( Where women are worshipped, God resides there with the blessing and thus society flourishes.

HDFC ERGO panellists stressed that the Company has its target of 20% female workforce till 2023, but before even Shakti was announced the company unconsciously was working in an equitable environment. It has developed a culture of creating and nurturing talents. According to them, the power to coach, to mentor, embrace failures with utmost dignity, all these qualities qualifies to be Shakti.


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