Family Businesses Power Over 70% of India’s GDP, Finds Great Lakes Study
Family enterprises account for over 60% of national employment, particularly within MSMEs. India’s top 300 business families hold a combined net worth of ₹134 lakh crore (US$1.6 trillion), employing over two million people. Chennai, October 9, 2025: A new report released by Great Lakes Institute of Management, Chennai “Building Entrepreneurial Legacies: Understanding the Role of…
