Family-owned businesses have played an important role in the progress, diversification, and development of India Inc. Surnames like Tata, Birla, and Ambani are now synonymous with diversified conglomerates churning millions of dollars worth of wealth every year.
Now with the wheel of time, the administration of these businesses is also shifting to the next generation of entrepreneurs. From Ambani to Birla, more and more business families in India are showing trust in their scions.
A look at Indian businesses that are involving their next generation in the administration.
Ambani family
The Ambani family is considered to be one of the