It is estimated that worldwide, a major chunk of businesses (65 to 80%) in the world are family firms and in India it is as high as 85% in India. FMBs make a significant contribution to the GDP of economies, stock market capitalization and employment.
Post 1991 (Liberalization of Indian Economy), Indian FMBs faced stiff competition from the global giants. FMBs that were proactive and flexible in their approach, survived and flourished. FMBs that could not withstand the pressure of the competition, failed to either survive or become leaders in their field.
Durgadevi Saraf Global Business School proudly announces the launch of an 11 months program in Family Managed Business to cater to the growing needs of Indian FMBs.