Indian family-owned businesses are entering the coming years with strong confidence and ambitious expansion plans, even as they remain cautious in adopting new technologies, according to a survey report by PwC.
Nearly half of Indian family businesses report annual revenues ranging from USD 1 billion to USD 30 billion, with 36 per cent falling within the USD 1-5 billion range, according to a latest report by Deloitte.
New Delhi [India], January 5: Beyond Three Generations is a blueprint for the longevity of Indian family businesses and reveals critical drivers that help create lasting organisations.