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89% of Family Businesses to Grow in 2 Years, Says Report
June 18, 2019
According to a global survey titled “Family Business Survey 2019” that was conducted by PwC with 2,953 family leaders across 53 countries, family businesses in India are expected to grow and close to 89% of them will grow in the next 2 years. It said that 44% of them are projected to grow at an aggressive pace while 45% expect steady growth.
Ganesh Raju, who is PwC India Partner and Leader, Entrepreneurial and Private Business, said that disruptive technologies are helping families to transform their businesses, and new market dynamics are providing them a new sense of ambition.
Photo credit: ccPixs.com on VisualHunt / CC BY
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