India, Aug. 13 -- The Ambanis continue as the largest family business in the country. Kumar Mangalam Birla is in the second spot, while the Jindal family is in third on the 2025 Barclays Private Clients Hurun India Most Valuable (multi-generation) Family Businesses list released on Tuesday.

These top three family businesses are collectively valued at $471 billion, which is equivalent to the Philippines' GDP. The Ambani family alone is valued at Rs.28.2 lakh crore, which is equal to a twelfth of India's GDP. Birlas are valued at Rs.6.5 lakh crore, while the Sajjan Jindal-led family is at Rs.5.7 lakh crore.

The top 300 families on the list employ over 2 million people across India and contributed Rs.1.8 lakh crore in taxes last year, acco...