Half of Indian family businesses make $1-30B a year, says Deloitte
Deloitte's latest survey found that nearly 50% of Indian family businesses are pulling in between $1 billion and $30 billion in annual revenue.
Out of 50 Indian firms surveyed, over a third fall into the $1-5 billion bracket.
Fast growth, tech adoption, and global ambitions
Indian family businesses aren't just steady—they're scaling up fast.
In 2024, 63% saw double-digit growth, and three out of four expect to beat 15% growth in the next two years.
Over half have already brought AI into their operations, ahead of global trends.
When it comes to expansion plans, Asia Pacific is the top target (89%), but plenty are eyeing North America (39%) and Europe (37%) too.
Focus on ESG and more women at the table
These companies are also taking social responsibility seriously: 76% have made strong commitments to environmental, social, and governance (ESG) priorities.
On gender diversity, most boards now have more than 10% women—though only a small number reach close to equal representation at leadership level.
Why does this matter?
Family-run businesses are becoming a bigger force worldwide—over 18,000 now make at least $100 million annually, with numbers set to rise by 22% by 2030.
For young professionals and future entrepreneurs in India, this means more opportunities in innovative workplaces that value both tradition and progress.