India's top 3 family businesses are valued at $471 billion: Hurun
Mumbai, Aug. 13 -- The Ambani family continues to dominate India's family business landscape with a valuation of Rs.28.2 lakh crore, according to the Barclays Private Clients Hurun India most valuable (multi-generation) family businesses list released on Tuesday.
Kumar Mangalam Birla's family holds the second position with a valuation of Rs.6.5 lakh crore, while the Sajjan Jindal-led family ranks third at Rs.5.7 lakh crore. Together, these top three family businesses are valued at $471 billion.
The expanded list of 300 families is collectively worth $1.6 trillion (about Rs.134 lakh crore). These businesses employ over 2 million people across India, more than Bahrain's entire population, and contributed Rs.1.8 lakh crore in taxes last year, ...
To read the full article or to get the complete feed from this publication, please
Contact Us.