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Top 10 most valuable family businesses in India: 2025 Barclays Hurun Ranking
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#1. The Ambani Family | Topping the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List is the Ambani family, with a massive valuation of ₹28.2 lakh crore. Led by Mukesh Ambani, Reliance Industries, founded in 1957 and now helmed by the second generation, remains a dominant force in India’s industrial growth. While its roots lie in the energy sector, Reliance has expanded its influence across retail and digital services, cementing the Ambani family’s position at the heart of the nation’s economic story. (Image: Reuters)
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#2 Kumar Mangalam Birla Family | Claiming the second spot on the list, the Kumar Mangalam Birla family commands a valuation of ₹6.5 lakh crore. At the helm is Kumar Mangalam Birla, steering the Aditya Birla Group, a global powerhouse in cement and cement products. With origins dating back to the 1850s and now in its fourth generation of leadership, the family’s legacy blends tradition with innovation, driving expansion across both Indian and international markets.
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#3 The Jindal Family | In third place is the Jindal family, with a valuation of ₹5.7 lakh crore. Led by Sajjan Jindal, JSW Steel anchors the group’s stronghold in the metals and mining sector. Now in its second generation of leadership, the family has built one of India’s largest steel producers, playing a pivotal role in driving the nation’s infrastructure and industrial expansion. (Image: Wikimedia Commons)
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#4 The Bajaj Family | Taking the fourth spot on the list, the Bajaj family commands a valuation of ₹5.6 lakh crore. Under the leadership of Sanjiv Bajaj, the group has cemented its position as a leader in India’s financial services sector. Founded in 1926 and now in its fourth generation, the Bajaj Group continues to strengthen its presence through innovation, diversification, and a deep-rooted commitment to shaping India’s financial landscape. (Image: Bajaj Group)
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#5 The Mahindra Family | Securing the fifth position, the Mahindra family boasts a valuation of ₹5.4 lakh crore. Under the leadership of Anand Mahindra, a third-generation entrepreneur, Mahindra & Mahindra (M&M) has grown into a diversified conglomerate spanning automobiles, auto components, and more. Founded in 1945, the group’s legacy is defined by resilience, innovation, and a future-focused approach to sustainable growth.
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#6 The Nadar Family | Ranked sixth with a valuation of ₹4.7 lakh crore, the Nadar family is led by Roshni Nadar Malhotra through HCL Technologies. Founded in 1976 and now in its second generation, the company has grown into one of India’s top IT services firms, combining global reach with strong technology capabilities.
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#7 The Murugappa Family | Taking the seventh spot with ₹2.9 lakh crore, the Murugappa family is helmed by Vellayan Subbiah. Operating primarily through Cholamandalam Investment & Finance Company, the group — established in 1900 and now run by the fourth generation — is known for its trusted presence in financial services and beyond.
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#8 The Premji Family | In eighth position, with ₹2.8 lakh crore in value, the Premji family is led by Rishad Premji at the helm of Wipro. Founded in 1945 and managed by the third generation, the company is a global software and services leader that has been instrumental in elevating India’s position in the global tech arena.
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#9 Anil Agarwal Family | Debuting in ninth place with a valuation of ₹2.6 lakh crore, the Anil Agarwal family leads Hindustan Zinc in the metals and mining sector. A fast-growing first-generation enterprise, it plays a crucial role in supplying industrial raw materials vital to India’s growth.
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#10 Dani, Choksi, and Vakil Families | At 10th place with ₹2.2 lakh crore, the Dani, Choksi, and Vakil families are represented by Asian Paints. Though now headed by professional CEO R. Seshasayee, the company, a market leader in chemicals and petrochemicals, stands as a testament to the strength of family-promoted businesses backed by professional management.
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