SPJIMR CFBE releases “India: State of the Family Business Report”

January 4, 2023

SPJIMR study highlights that family issues pose greater headwinds for small and medium Indian family enterprises than the uncertain and volatile business environment

The SPJIMR’s Centre for Family Business & Entrepreneurship (CFBE) recently released the “India: State of the Family Business Report” that finds small and medium family businesses are relatively unscathed from the business front. Instead, family issues may prove to be the proverbial Achilles’ heel for such businesses. The study involved a survey of 350 family businesses across India over May-October 2022, conducted by Hansa Research. It found that most small and medium family enterprises have reported either stable or increasing trends across various parameters such as sales, market share, profitability, number of people employed, and profit margin on sales in FY 2021-22. Read the full report here.

Financial Express did a detailed feature on the report. Read it here.

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