CREDIT SUISSE FAMILY, 1000 IN 2018

Sept. 15, 2018

According to the 'Credit Suisse Family, 1000 in 2018' report, published by the Credit Suisse Research Institute (CSRI), India ranks third globally in terms of the number of family-owned businesses.

Report Summary:

The report covered 11 markets in the Non-Japan Asian region, which continue to dominate and represent 53 % share of the world, with a total market capitalisation of over USD 4 trillion. Key findings of the report are –

India ranks third globally in terms of the number of family-owned businesses with 111 companies of USD 839 billion total market capitalisation, followed after China with 159 firms and the United States with 121 firms
Within the non-Japan Asian region, China, India and Hong Kong together comprise around 65% of the non-Japan Asian section of the CSRI's database
Out of the top 50 most profitable companies globally, 24 were from Asia. The list included 12 Indian family-owned companies.
In Non-Japan Asia, more than 50 % of the top 30 best-performing companies are from India, followed by one-third from China.