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Indian Family Businesses Report Strong Growth
6.0
A Deloitte report published December 14 surveys 1,587 family businesses across 36 countries, including 50 in India, finding nearly half of Indian family firms report annual revenues of US$1–30 billion and 36% fall in the US$1–5 billion band. The study says 63% achieved double-digit revenue growth in 2024, 53% of Indian firms use AI, and 75% target over 15% growth in 2025–26.
Key Points
- 1Report finds nearly half of Indian family firms earn US$1–30 billion annually; 36% in US$1–5 billion
- 2Highlights accelerated growth: 63% achieved double-digit revenue growth in 2024; 75% target over 15%
- 3Indicates strategic modernization: 53% use AI, 76% prioritise ESG, boards show rising female representation
Scoring Rationale
Official Deloitte data provide credible, actionable industry insights; limited novelty and sector-specific focus constrain wider AI/ML relevance.
Sources
Public references used for this report.
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