The thriving family enterprise

Family-owned businesses are particularly significant, making up around 70 percent of the top 500 firms and 91 percent of the listed companies in 2022.

By 2022, 21 Indian family-owned enterprises ranked amongst the top 750 global business families, with one of them generating revenue exceeding US$100 billion.

The family-owned business creates millions of direct and indirect jobs, and as of 2023, they contributed significant revenue flows into the economy and accounted for 79 percent of GDP.

Per a study conducted by the Indian School of Business's (ISB) Thomas Schmidheiny Centre for Family Enterprise, the number of family-owned enterprises registered on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India grew by 50 percent between 1991 and 2015.

The Indian family enterprises often span multiple generations. They have demonstrated remarkable resilience, navigating through economic cycles and market disruptions with a unique blend of tradition and adaptability.

Be it embracing innovation and digitisation or increasing the involvement of women in leadership roles, the Indian family enterprises are redefining the values of legacy, trust, and continuity.

At Deloitte Private, we understand that purpose is at the centre of all that you do - fuelled by trust, strong vision, your legacy and your core values. Let's navigate the challenges and unlock limitless growth.

Thriving across generations requires a sound framework and we at Deloitte Private understand the intricate dynamics of family, business and ownership, bringing a balance between people and profit.

From growth and evolution through sale or succession, to the development of family and business governance structures and the creation or management of a family office, we unlock every potential.