How the She-economy is rewriting India’s brand playbook

The She-economy is rising through digital access, financial independence, and greater participation in entrepreneurship and work, steadily expanding women’s economic influence across India

e4m by Anuja Jain
Published: Mar 9, 2026 9:18 AM  | 8 min read
She-Economy
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For decades, women featured prominently in brand storytelling but far less frequently in the strategic frameworks shaping product design, media planning and investment decisions. Marketing campaigns celebrated empowerment while the underlying assumption guiding many business strategies remained largely unchanged. Women were often treated as a segment within the consumption story rather than as a central economic driver.

That equation is beginning to change.

Across India’s evolving consumer landscape, women are emerging as decisive purchase influencers, increasingly active digital participants and visible contributors to wealth creation. The change is unfolding across sectors as varied as fintech, health-tech, education platforms, mobility and direct-to-consumer brands. The implications are beginning to ripple through corporate boardrooms, marketing strategies and startup investment decisions.

For venture investors and market intelligence platforms tracking consumption behaviour, this shift signals more than a cultural moment. It reflects a structural transition in India’s growth narrative. As women gain greater financial independence, digital access and purchasing influence, brands are being forced to revisit assumptions about who their primary consumer is and how products are built around them.

The central question confronting corporate India today is whether brand strategies, product pipelines and media investments are evolving fast enough to capture the opportunity.

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From diversity discussion to growth strategy

Industry observers say the conversation around women’s economic participation is slowly moving beyond symbolic commitments towards a more strategic lens.

Achal Khanna, CEO of SHRM India, Asia Pacific and MENA, believes the narrative in several boardrooms is beginning to mature. “In forward-looking boardrooms, the She-economy is being discussed in terms of market expansion, talent strategy and long-term revenue growth. Women are not only employees. They are decision-makers, entrepreneurs and consumers shaping entire sectors,” she says.

However, Khanna notes that the transition is still uneven across industries. “There are still companies where the discussion remains confined to diversity reporting and annual disclosures. The real shift happens when leadership connects inclusion with performance. When understanding women as employees and customers becomes part of growth planning, it starts influencing product strategy, workforce design and brand positioning in meaningful ways.”

The implication for brands is clear. When women are understood as a key economic force rather than a symbolic audience, the change begins to influence core business decisions.

Moving beyond symbolic marketing

One of the most visible signs of this shift is emerging in product development strategies. For years, designing for women was often reduced to cosmetic changes in packaging or advertising narratives. Companies are increasingly realising that such approaches no longer resonate with consumers who expect relevance grounded in real insight.

Pavneet Kaur Chimni, Co-Founder and CMO of Ceuticoz, a medical-grade skincare brand, says designing products for women today requires deeper scientific and consumer understanding. “Designing for women today goes far beyond colours, packaging, or empowerment messaging. It means truly understanding women’s real needs, lifestyles and skin concerns. In skincare, women experience different life stages such as hormonal changes, pregnancy, stress and environmental exposure, and their skin responds differently at each stage,” she explains.

According to Chimni, companies that invest in research-driven product development are better positioned to build lasting consumer trust. “For brands, this means focusing on research and real consumer insight rather than trends. When product development is guided by dermatological science and genuine consumer feedback, the result is products that address real concerns rather than merely making marketing promises.”

The shift toward deeper insight is becoming visible across sectors beyond beauty and personal care.

Nikita Kumawat, Co-Founder and Executive Director of Brandworks Technologies, believes the industry is gradually moving away from superficial representation. “In 2026, designing for women goes much beyond aesthetics or pinkwashing. It means identifying that women have different experiences with how they use, access and deal with everyday problems,” she says.

Kumawat explains that companies are beginning to incorporate these insights earlier in the design process. “Innovative companies are incorporating these insights early in product pipelines through inclusive research, diverse design teams and real user testing with women. When gender information is included into functionality, comfort design, safety and usability from the beginning, products become genuinely relevant rather than being marketed as ‘for women’.”

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Digital growth reshaping brand influence

Another major factor accelerating the She-economy is digital adoption. As more women gain access to smartphones and online services, particularly in smaller cities and towns, their role in shaping digital consumption patterns is becoming increasingly visible.

Chimni observes that this shift is especially pronounced beyond metropolitan markets. “Women in Tier 2 and Tier 3 cities are becoming a powerful part of the digital economy. They are aspirational, informed and increasingly comfortable exploring and purchasing products online,” she says.

Despite this expansion, she believes brand communication often remains urban-centric. “To truly connect with these consumers, brands need to invest in vernacular content, simplify education around ingredients and skincare routines and build stronger community-led engagement.”

Digital interaction patterns are also changing how influence spreads across consumer networks.

Jessica Furtado, Regional Head of Marketing at Infobip, says purchasing influence in many communities is shaped through ongoing interactions rather than individual campaigns. “Research consistently shows that women influence a significant share of household purchasing decisions, and as more women come online in smaller cities and towns, their role in shaping digital consumption patterns is becoming increasingly visible,” she says.

Furtado explains that these decisions are often driven by everyday conversations. “Across our platform at Infobip, we see that influence in these communities rarely comes from a single campaign. Instead, it grows through conversations, shared recommendations and repeated interactions on channels like WhatsApp and RCS, helping people feel understood and building trust over time.”

This behaviour is prompting brands to reconsider how they measure marketing effectiveness.

Chimni believes companies must move beyond surface-level engagement metrics. “Engagement can capture attention, but trust builds lasting relationships. Women consumers often stay loyal to brands that consistently deliver results and communicate transparently,” she says. “Beyond short-term digital metrics, brands should also track repeat behaviour, long-term customer relationships and community trust. In the long run, trust is the most sustainable driver of brand growth.”

Kumawat adds that measurement frameworks across the industry may need to evolve. “For a very long time, short-term metrics like reach, impressions and engagement rates have been the main emphasis of brand KPIs. Although these measures help understand visibility, they do not always capture the depth of a brand’s relationship with its audience,” she says.

According to Kumawat, women often shape purchasing behaviour through community influence. “Women today play a significant role in influencing peer networks, building communities and shaping purchase decisions around brands through recommendations, reviews and repeat buying behaviour. Measuring customer retention, brand advocacy and community involvement can provide a much more realistic picture of brand strength.”

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The technology lens

Technology is also playing a growing role in interpreting consumer behaviour. AI-driven marketing tools are increasingly used to identify patterns, personalise communication and optimise digital campaigns.

Yet experts caution that these systems must be designed carefully to avoid reinforcing outdated assumptions.

Khanna points out that algorithms often replicate the biases present in historical data. “AI has improved targeting efficiency, but it mirrors the data it learns from. If historical data contains bias or narrow representations, algorithms may unintentionally reinforce them,” he says.

This is why organisations must constantly review their data models. “Responsible use of AI requires both technical precision and contextual judgment. Organisations must regularly audit targeting outputs and question assumptions embedded within datasets. When data is diverse and continuously reviewed, AI can reveal powerful insights. Without that discipline, it risks repeating yesterday’s stereotypes at scale.”

Furtado also believes technology becomes most effective when it reflects the diversity of real consumer behaviour. Including multiple perspectives in how systems are designed and evaluated can help businesses better understand how communities interact with brands and how trust develops over time.

The next phase of India’s consumption story

The rise of the She-economy is not the result of a single shift but the outcome of several parallel changes unfolding across the country. Increased digital access, growing financial independence and greater participation in entrepreneurship and employment are gradually expanding women’s economic influence.

For brands and investors alike, this transformation is creating a new lens through which to view India’s next growth phase.

Companies that respond to these signals by rethinking product development, communication strategies and data insights may find themselves better positioned to capture emerging opportunities. Those that continue to rely on legacy assumptions about consumers risk overlooking a powerful driver of demand.

As Khanna suggests, the real turning point arrives when organisations recognise that understanding women is not only about representation but about performance and market expansion. When that perspective shapes leadership decisions, the She-economy stops being a concept and becomes a central force in India’s evolving brand landscape.

Published On: Mar 9, 2026 9:18 AM