Ketan Dalal, Sr. Client Relationship Partner, PwC India
The world over, family businesses are extremely critical, and constitute 30% of companies with sales of over 1 billion USD. PwC’s 2016 Family Business Survey, which was recently released, involved the participation of over 2,800 family leaders across 50 countries and more than 100 family business leaders in India. It was heartening to note that 75% of Indian family businesses have grown in the last 12 months and 84% expect to grow steadily, quickly and aggressively over the next 5 years.