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India ranked third globally in terms of number of family-owned businesses with 111 companies

According to the ‘Credit Suisse Family 1000 in 2018’ report, India has been ranked third globally in terms of number of family-owned businesses with 111 companies having a total market capitalisation of $839 billion. Indian family-owned companies generated a 13.9% annual average share price return since 2006, compared to 6% recorded by their non-family-owned peers. ..