Women empowerment and the movement towards gender equality is a modern phenomenon
that continues to develop around the world. To be precise, women empowerment refers to a process of
empowering women with all the denied aspects of life. Reforms undertaken in the early 1990s have
made India one of the world’s fastest growing economies. However, it is interesting to note that this
economic growth had bypassed the poor and vulnerable, especially, women. This paper presents the role
of women in developing & expansions of big & small business. Women constitute approximately 50%
of total population in the world & nearly 48% of total population in India. Though India could well
become one of the largest economies in the world, it is being crippled due to a lack of women's
participation. An educated Indian woman will yield a positive impact in the Indian society by
contributing positively to the economy & business of the country. They are the important part of the
society such as the men. Women leaders are assertive, persuasive & willing to take risks. Their role in
Indian economy & business is increased by day to day. In this conceptual study conclusion that women
play an important role in business development & economic progress of India. The aim of this paper is
studies the existing research data and serves as a framework for future study.