India's top 300 business families: Ambani, Birla, Adani — add ₹134 lakh cr value & create millions of jobs; details here
Top performers and sector spread
The Kumar Mangalam Birla family ranks second with ₹6.5 lakh crore, up ₹1.1 lakh crore from last year, while the Jindal family takes third place with ₹5.7 lakh crore, a ₹1 lakh crore gain. The top 10 families alone hold nearly half the total list value — ₹40.4 lakh crore — equivalent to the GDP of the Philippines.
Sectors represented include industrial products (48 companies), automobile and auto components (29 companies, highest average valuation at ₹52,320 crore), chemicals and petrochemicals (27 companies), and pharmaceuticals (25 companies averaging ₹41,000 crore). Consumer-facing companies make up 40% of the list, B2B 49%, and mixed models 11%.
Pravin Kotak , Jateen Gupta – Iscon Group received the 2025 GROHE Hurun India Excellence in Real Estate – Gujarat for Pioneering Excellence in Luxury & Lifestyle-Driven Developments, redefining aspirational living through visionary leadership.#RealEstateExcellence #Gujarat pic.twitter.com/PXvPSKJ3dG
Generational leadership and governance
Second-generation leaders dominate with 227 families, followed by 50 third-generation and 18 fourth-generation businesses. The Mahindra family leads third-gen firms at ₹5.4 lakh crore, while the Birla family leads fourth-gen at ₹6.5 lakh crore. Three fifth-generation firms remain, led by the Burman family at ₹88,300 crore.
A majority (74%) of the listed companies are publicly traded, and 62 are run by professional CEOs. Female leadership has grown from 15 to 22 companies.
Growth, entry barriers, and global challenges
The minimum valuation to enter the list is now ₹1,100 crore. Entry to the top 10 requires ₹2.2 lakh crore, up ₹18,700 crore from last year. The Anil Gupta family recorded the highest post-inheritance share price growth at 1,116 times, followed by the Benu Bangur and Dharmpal Agarwal families.
The families employ over 2 million people more than Bahrain's population — and paid ₹1.8 lakh crore in taxes, 15% of India's corporate tax collections. However, about 120 of these families face billions in potential export losses as U.S. tariffs on certain goods rise to 50%, marking a significant test for India's family-run enterprises.
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