India's family-owned businesses are entering a new phase, with the next generation focusing on growth while balancing legacy with innovation, long-term thinking with measured risk, and family values with professional management, panellists at the ET Family Business Awards said.
Moderated by ET's Arijit Barman, the panel on 'Family Business: Retaining Entrepreneurial Edge and Institutionalising Culture', brought together Anchit Nayar, executive director & CEO, Nykaa; Apurva Parekh, executive vice-chairman, Pidilite Industries; Nyrika Holkar, executive director, Godrej Enterprises Group; Vishal Kampani, vice-chairman & managing director, JM Financial; and Abhijit Joshi, founder & managing partner, Veritas Legal, for a discussion ranging from succession planning and capital allocation to deep-tech investments, family constitutions and brand building.
