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India’s top 3 business families have money equal to Singapore’s GDP – AnyTV News

by Aaryan Srivastav
August 8, 2024
India's top 3 business families have money equal to Singapore's GDP - India TV Hindi


Photo:REUTERS Hurun Report

Ambani Family It has become the country’s most valuable family business with Rs 25.75 lakh crore. This information was given in a report released on Thursday. In the list of most valuable family businesses of Barclays Private Clients Hurun India, the Bajaj family is at second place with Rs 7.13 lakh crore. The Birla family is at third place with Rs 5.39 lakh crore. In the list, the business value of the Adani family has been estimated at Rs 15.44 lakh crore, but being a first generation business, it is not included in the main list. The Hurun report said that India’s top-3 business families Ambani, Bajaj and Birla have a total value of $ 460 billion, which is almost equal to the GDP of Singapore.

Adani family came on top here

Adani tops the list of first-generation families with active second-generation leadership, while the Poonawala family of Serum Institute is second with a business worth Rs 2.37 lakh crore. Anas Rahman Junaid, founder and chief researcher of Hurun India, said three-quarters of family businesses saw an increase in value compared to last year. He said these family businesses play an important role in maintaining long-term economic stability and growth in India.

Haldiram is the largest non listed company

The report analysed nearly 200 listed and non-listed companies and found that 75 per cent of the companies are publicly traded and the rest are unlisted. According to the list, Haldiram Snacks (valued at Rs 63,000 crore) is the most valuable non-listed company.

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