50% of Indian family businesses earn $1-30B annually
What's the story
A recent report by Deloitte has revealed that nearly half of India's family-owned businesses generate annual revenues between $1 billion and $30 billion. The study, titled "Family Business Insights Series: Defining the family business landscape, 2025," surveyed 1,587 such companies across 36 countries. Out of these, 50 were from India. The research also included in-depth interviews with 30 senior executives to gain deeper insights into the sector's dynamics.
Growth trajectory
Indian family businesses show resilience, optimism
The report highlights that family-owned businesses globally are on a strong growth trajectory. It predicts that the number of firms generating at least $100 million in revenue will grow by 22% by 2030. In India, these enterprises are showing exceptional resilience and optimism with over 63% reporting double-digit revenue growth in 2024. The projections for 2025-2026 are equally robust with a whopping 75% of Indian family businesses targeting growth rates above 15%.
Strategic growth
AI adoption and market expansion
The report also notes that more than half (53%) of Indian family businesses are already leveraging artificial intelligence (AI) in their operations. This is way above the global average. The adoption of AI, along with entry into new markets and product portfolios, is helping these firms stay competitive amid economic uncertainty and rising input costs.
ESG priorities
Commitment to sustainability and governance reforms
The report also highlights a growing focus on sustainability and governance reforms among Indian family businesses. A whopping 76% of these firms have expressed a strong commitment to Environmental, Social, and Governance (ESG) priorities. They are not only modernizing their operations but also embracing inclusive leadership with 73% reporting over 10% female representation on their boards.