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Is it a good time to be a family-owned business in India? Views differ

Conglomerates in Asia are in decline, says Bain. Family businesses are thriving, says Credit Suisse. What's up?

Marico logo. (Photo: Marico website)
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Marico logo. (Photo: Marico website)

Shailesh Dobhal New Delhi
Is it a good time to be a family-owned business in India? Reports by two leading global consultancies last week present a picture of contrast, one gung-ho and the other, well let’s say, not so good. The truth though may be more nuanced.
 
Take the good part first. A global report on family-owned businesses by Credit Suisse — Credit Suisse Family 1,000 in 2018 — presents family-owned businesses’ rude health almost as a virtue aiding that ultimate capitalist goal — shareholder return.
 
The 111 Indian family-owned companies such as Reliance Industries, Dabur, Marico, Godrej and Page Industries with
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper