You are here: Home » Opinion » Editorial » Editorials
Business Standard

All in the family

Succession planning in India Inc remains a clannish exercise

Mukesh Ambani | Reliance Jio | Akash ambani

Business Standard Editorial Comment 

With the promotion of Mukesh Ambani’s first-born son to the chairmanship of Reliance Jio, the group’s telecom business, and his daughter expected to assume a similar position in Reliance Retail, commentators have been praising the group for early succession planning. This exercise is expected to preclude the embarrassing and public clash between and his younger brother, Anil, after the death of their father, . This pattern had been the norm in older business groups with the Modis, Shrirams, and Singhanias all suffering messy and acrimonious disputes over control of business assets in the 1980s and 1990s. Bajaj and the K K Birla group stood out as traditional business groups that clarified succession plans decades before the death of the founder, ensuring a frictionless transition. With the Reliance fiasco of the mid-2000s being a cautionary tale, many other groups such as Godrej, TVS, and Emami have made similar early moves to put successors in place since then.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, June 30 2022. 22:12 IST