COVER STORY
Born into fortune, India’s next-generation business leaders confront the challenge of meaning, not money
The Rise Of Scions
The Rise Of Scions
01-august-2025
Outlook Business Magazine - The Rise Of Scions
Born into fortune, India’s next-generation business leaders confront the challenge of meaning, not money
A fresh batch of bosses is stepping into corner suites. They have inherited businesses that kick-started India’s economic revival post-liberalisation. This next-gen cohort faces a different set of challenges—from geopolitical instability to AI. And the world is watching
Parth Jindal Didn’t Train as an Engineer, Yet He’s Rebuilding the Foundations of His Father’s EmpireSajjan Jindal set up the steel and energy businesses. His son, Parth, has forayed into new sectors such as paints and defence. He is up against established giants. Will the sports-loving entrepreneur sink or soar?
Parth Jindal, MD, JSW Cement and JSW Paints talks to Yuthika Bhargava about his growing up years, professional challenges and vision for the group. Edited excerpts
His granddad was called the takeover tycoon. His father expanded the business. Shashwat Goenka has his job cut out as he charts a new course amid major disruptions
Shashwat Goenka, vice-chairman, RP-Sanjiv Goenka Group talks to Yuthika Bhargava about AI and start-ups as disruptors, and the challenges in front of next-gen leaders. Edited excerpts
By a quirk of fate, she was thrown in at the deep end. But over time Manasi Tata has settled into India’s male-dominated auto sector. Will she be able to steer the world’s top-selling automaker to pole position in India?
Manasi Tata, vice-chairperson, Toyota Kirloskar Motor talks to Yuthika Bhargava about learning on the shopfloor, inclusivity and her vision for the group. Edited excerpts
Businesses such as ports, airports, data centres and green energy will benefit the conglomerate; but headwinds in the form of fraud, insider trading and graft accusations continue to buffet it
As Mukesh Ambani nears handing over India’s top conglomerate, the scions face tech disruption and lofty investor expectations. RIL is not only India’s most valuable firm, but also a key driver of its economic aspirations
Today, women from business families are increasingly stepping into roles of responsibility and authority in their family businesses
Today’s inheritors are stepping into mature, well-governed successful businesses, without the same fire in the belly to build something from scratch
Striking a balance between carrying forward the family legacy as well as forging one’s own identity plays a vital role in determining success for next-generation leaders
A handful of investors are reshaping the climate-tech landscape—backing hard infrastructure, long-haul founders and patient capital to build the rails of a greener economy
The future may be electric, but India’s auto workforce is struggling to keep pace with the transition to green mobility
Nash Equilibria: Relaxing Housing Laws was Supposed to Spur Migration. Instead, it's Slowing it DownNew research shows that rent deregulation in India can backfire by shrinking migration and jobs, instead of boosting urban growth
India’s equity landscape is evolving fast. Dhiraj Relli, managing director and chief executive, HDFC Securities, talks about factors that are reshaping investor behaviour
As the fall semester nears, shifting global policies push Indian students to explore alternative academic destinations
Sukhvinder Singh Sukhu, Chief Minister of Himachal Pradesh, discusses with Neeraj Thakur and Parth Singh big-ticket hospitality projects and his plans for the state’s rural economy. Edited excerpts
The Shawshank Redemption makes it to the top spot in his list of films
Q1 results presented a mixed bag and India signed a historic trade agreement with the UK
Gujarat amended its Factories Act, while UP has deployed drones for mining surveillance
Born into fortune, India’s next-generation business leaders confront the challenge of meaning, not money
A fresh batch of bosses is stepping into corner suites. They have inherited businesses that kick-started India’s economic revival post-liberalisation. This next-gen cohort faces a different set of challenges—from geopolitical instability to AI. And the world is watching
- Parth Jindal Didn’t Train as an Engineer, Yet He’s Rebuilding the Foundations of His Father’s Empire
Sajjan Jindal set up the steel and energy businesses. His son, Parth, has forayed into new sectors such as paints and defence. He is up against established giants. Will the sports-loving entrepreneur sink or soar?
Parth Jindal, MD, JSW Cement and JSW Paints talks to Yuthika Bhargava about his growing up years, professional challenges and vision for the group. Edited excerpts
His granddad was called the takeover tycoon. His father expanded the business. Shashwat Goenka has his job cut out as he charts a new course amid major disruptions
Shashwat Goenka, vice-chairman, RP-Sanjiv Goenka Group talks to Yuthika Bhargava about AI and start-ups as disruptors, and the challenges in front of next-gen leaders. Edited excerpts
By a quirk of fate, she was thrown in at the deep end. But over time Manasi Tata has settled into India’s male-dominated auto sector. Will she be able to steer the world’s top-selling automaker to pole position in India?
Manasi Tata, vice-chairperson, Toyota Kirloskar Motor talks to Yuthika Bhargava about learning on the shopfloor, inclusivity and her vision for the group. Edited excerpts
Businesses such as ports, airports, data centres and green energy will benefit the conglomerate; but headwinds in the form of fraud, insider trading and graft accusations continue to buffet it
As Mukesh Ambani nears handing over India’s top conglomerate, the scions face tech disruption and lofty investor expectations. RIL is not only India’s most valuable firm, but also a key driver of its economic aspirations
Today, women from business families are increasingly stepping into roles of responsibility and authority in their family businesses
Today’s inheritors are stepping into mature, well-governed successful businesses, without the same fire in the belly to build something from scratch
Striking a balance between carrying forward the family legacy as well as forging one’s own identity plays a vital role in determining success for next-generation leaders
A handful of investors are reshaping the climate-tech landscape—backing hard infrastructure, long-haul founders and patient capital to build the rails of a greener economy
The future may be electric, but India’s auto workforce is struggling to keep pace with the transition to green mobility
- Nash Equilibria: Relaxing Housing Laws was Supposed to Spur Migration. Instead, it's Slowing it Down
New research shows that rent deregulation in India can backfire by shrinking migration and jobs, instead of boosting urban growth
India’s equity landscape is evolving fast. Dhiraj Relli, managing director and chief executive, HDFC Securities, talks about factors that are reshaping investor behaviour
As the fall semester nears, shifting global policies push Indian students to explore alternative academic destinations
Sukhvinder Singh Sukhu, Chief Minister of Himachal Pradesh, discusses with Neeraj Thakur and Parth Singh big-ticket hospitality projects and his plans for the state’s rural economy. Edited excerpts
The Shawshank Redemption makes it to the top spot in his list of films
Q1 results presented a mixed bag and India signed a historic trade agreement with the UK
Gujarat amended its Factories Act, while UP has deployed drones for mining surveillance