India ranks 3rd on family-owned business list

India ranks third globally in terms of the number of family-owned businesses with 111 companies having a total market capitalisation of $839 billion. India closely follows China with 159 firms and the US with 121 firms. Indian family-owned companies generated a 13.9% annual average share price return since 2006, compared to 6% by their non-family-owned peers

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2CUZuQF

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