What is the revenue range for Indian family businesses according to the Deloitte report?

Nearly half of Indian family businesses report annual revenues between USD 1 billion and USD 30 billion.

How is AI adoption impacting Indian family businesses?

Over 53% of Indian family businesses leverage AI, enhancing competitiveness and supporting expansion strategies.

What are the future expansion plans for Indian family businesses?

Indian family businesses are planning significant expansion within the Asia Pacific, North America, and Europe.

Home / Business and Economy / Indian Family Biz Booms: AI Fuels Global Expansion

Indian Family Biz Booms: AI Fuels Global Expansion

14 Dec

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Summary

Nearly half of Indian family businesses earn USD 1-30 billion annually.
Over 63% achieved double-digit revenue growth in 2024.
53% leverage AI, outpacing global average for expansion.

Indian Family Biz Booms: AI Fuels Global Expansion

Indian family businesses are demonstrating robust financial performance and a forward-looking strategy, according to a recent report. A substantial segment, nearly half, reports annual revenues ranging from USD 1 billion to USD 30 billion, highlighting their considerable economic impact. These enterprises have shown exceptional resilience, with over 63% achieving double-digit revenue growth in the past year and ambitious targets set for the upcoming two years.

The adoption of advanced technologies is a key driver of this success. More than half of Indian family businesses are actively integrating artificial intelligence into their operations, a rate significantly higher than the global average. This strategic embrace of AI, coupled with expansion into new markets and product lines, is crucial for maintaining competitiveness. Furthermore, a strong focus on Environmental, Social, and Governance (ESG) principles is evident, with a large majority committed to sustainability.