India has third highest number of family-owned businesses in the world: Credit Suisse Report

  • According to the ‘Credit Suisse Family 1000 in 2018’ report, published by the Credit Suisse Research Institute (CSRI), in terms of the number of family-owned businesses, India ranks third globally in terms of the number of family-owned businesses with 111 companies of $839 billion total market capitalisation.
  • Top- China with 159 firms; Second- United States with 121 firms.

Points to remember:

  1. Rank of India in terms of family owned business.
  2. Top country

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