India's Business Empires Face a Succession Problem

India's largest family-owned businesses are addressing transitions of leadership and ownership to the next generation. The process involves transferring control of companies worth billions of dollars to heirs, which requires decisions about management structure, board composition, and operational strategy. Several major Indian conglomerates have announced succession plans or completed leadership transitions in recent years, with outcomes varying based on the experience and business acumen of the designated successors.

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