India ranks 3rd in family-owned businesses
September 17th, 2018
India rank 3rd globally in terms of number of family-owned companies according to ‘Credit Suisse Family 1000 in 2018’ report. The rating agency analysed over 1,000 family-owned, publicly-listed companies, and compared their 10-year performance. India has a total of 111 companies with $839 bn total market capitalisation. India closely follows China (159 companies) and the US (121 companies).