Kinship & Business: The Saga of Indian Family Businesses
The family that stays together grows together. After featuring the success of 17 centennial companies of India in the previous issue as part of the 17th anniversary celebration of Outlook Business, we now follow the growth trail of five family-run business groups in the country, each founded by visionary individuals and nurtured by subsequent generations into successful conglomerates. They have weathered many a storm in their several-decades-long journeys and managed to stick together, each finding its own strategy for growth.
August 28, 2023
Hamdard, Est. 1906
Known for its university and iconic flavoured drink Rooh Afza, the Hamdard Group started out as a Unani clinic in old Delhi
July 29, 2023
Following The Culture Trail
Amitabh Dube, country president of Novartis India, has travelled extensively, but it is his stay in Vietnam that he most fondly remembers, not just for its food, people and landscape but also for the footprints of Indian culture in the southeast Asian country
Chitra Nair - July 29, 2023
MDH, Est. 1919
India has a rich legacy of a century-old companies that started small. However, very few of them grew out of a small shop. MDH, or Mahashian Di Hatti, as Mahashay Chunnilal Gulati’s small shop in Sialkot was called, is one such company
July 29, 2023
Hinduja Group, Est. 1914
The journey of the multinational conglomerate began when Parmanand Deepchand Hinduja arrived in Mumbai. He started out with the trading business. Five years later, he set up his company’s first overseas office in Iran
July 29, 2023
TVS, Est. 1911
T.V. Sundaram Iyengar was all of 34 years old when he decided to become an entrepreneur in 1911 by starting a bus service in Madurai under the banner T. V. Sundaram Iyengar and Sons Limited
July 29, 2023
J.K. Organisation, Est. 1921
The origin of the group can be traced back to a cotton mill, Juggilal Kamlapat Cotton Spinning & Weaving Mills, that was started in 1921 by Lala Kamlapat Singhania
July 29, 2023
Tata Steel, Est. 1907
Starting out as Tata Iron and Steel Company, popularly known by its acronym TISCO, Tata Steel now has a market capitalisation of over Rs 1.4 trillion.
July 29, 2023
The Birlas, Est. 1919
The journey of the Birlas as a corporate family started when Ghanshyam Das Birla established Birla Jute Manufacturing Co.
July 29, 2023
Tata Steel Is the Original Make In India Story: T.V. Narendran
Tata Steel has become one of the leading steel manufacturers across the globe in the last 116 years. The company is hopeful of lasting another 100 years on the back of its multi-generational employees and a people-centric work culture. With clear focus and targets in sight, T.V. Narendran, chief executive officer and managing director of Tata Steel, explains how a large part of its future growth will take place in India due to the infra push of the government and its investment in future and sustainable technology
Suchetana Ray - July 28, 2023
