According to the list generated by Forbes, there are eight more Indian businesswomen in which, SBI Chairman and Managing Director, Arundhati Bhattacharya has been ranked as second.
Acknowledging the power of women, Forbes said "Inroads women are making in the business world, but gender inequality persists. Women are best positioned to know what it will take to get more of them into commanding roles in the workforce and keep them there".
Forbes also said "In a country where billionaire wives tend to remain in the shadow of their husbands, Nita's rising profile in the Reliance empire is unusual and earns her a debut spot".