10 Biggest Family Owned Businesses in India

Are you aware of the fact that some of the biggest businesses right here in India are actually family-run or owned? Yes, that’s precisely how it is! There sure are so many family-owned big businesses in the country, but not every one of them makes it to the list of particularly BIG or BIGGEST list, you know? Though let’s say you were wondering about it a lot recently and felt kinda intrigued about it all, then worry not, we’re here just for that. Yes, we will be taking a good look at the 10 Biggest Family-Owned Businesses in India 2025, so let’s just get to it then, shall we?

1. Reliance Industries – Ambani Family

Reliance Industries

The Ambanis are the very first family ahead of everybody. In business, of course! Their company, Reliance Industries, is valued at a whopping ₹25.75 lakh crore in 2024. That is to say, it constitutes 10% of India’s whole GDP. Under Mukesh Ambani, and increasingly with the children being instituted in big roles, the term “Reliance” covers energy, telecom, and retail. Founded in 1958 by Dhirubhai Ambani, this is the most valued company in India, and the second generation is now in control.

2. Bajaj Group – Bajaj Family

Bajaj Group

Then, moving on to Bajaj, with their plethora of companies with assets worth ₹ 7.13 lakh crore. Bajaj Group is one of the oldest business houses in India, established in 1926. The present leadership is of the third generation, under Niraj Bajaj. Bajaj Auto is the favorite child, with bikes and scooters, but the other hands poke into finance, insurance, and electricals. Their greatest strength is that they stuck to their core of automobiles and finance and have grown very strong in those sectors over the years. Yes, that’s kinda worked in their favor all these years.

3. Aditya Birla Group – Birla Family

Aditya Birla Group

Third in the list comes the Birla family for whom the Aditya Birla Group stands. Valued at ₹5.39 lakh crore, this highly reputed family is now being steered by Kumar Mangalam Birla, of the fourth generation. Their properties lie in metals, cement, textiles, and telecom. Now, the Birlas have been around since the 19th century, present in over 36 countries, well, the presence is worthy of awe, isn’t it?

4. JSW Group – Jindal Family

JSW Group

Next comes the Jindal family, the one family that runs JSW Steel and some other heavy sectors. Their worth is valued at ₹4.71 lakh crore. At the center of it all stands Sajjan Jindal, with the second generation pushing hard into metals, mining, and infrastructure. Making steel is their prime business, and one of the single largest industries in industrial India. So, sure enough, since they’re the one leading the steel industry right now, no wonder they made it to this list.

5. HCL Technologies – Nadar Family

HCL Technologies

At number five is the Nadar family that started HCL Technologies and is valued at ₹4.31 lakh crore. For them, all of this began back in 1976 with Shiv Nadar. Right now, as of 2025, well, HCL is a global leader in IT, software, and digital transformation. The company is one of the very few tech giants present on the list, a clear view to how family-run businesses are still evolving with the digital era.

6. Mahindra & Mahindra – Mahindra Family

Mahindra & Mahindra

The sixth position is taken by the Mahindra family, whose group is valued at ₹3.45 lakh crore. Anand Mahindra, from the third generation, is the one handling it all. Established in 1945, Mahindra & Mahindra is a manufacturer of automobiles, tractors, finance, IT, and aerospace. You might have heard about their SUVs and tractors. They want to grow globally and keep innovating, at least, that’s what they have said publicly.

7. Asian Paints – Dani, Choksi & Vakil Families

Asian Paints

The seventh slot is shared by the families of Dani, Choksi, and Vakil, who own Asian Paints worth ₹2.71 lakh crore. It was started in 1942 and remains to this day India’s leader in paint. They have also since put their hands into home décor and waterproofing. Oh, but here’s the super interesting part about it all, like, it has a non-family CEO today, but the families still exert major shareholder clout.

8. Wipro – Premji Family

Wipro

They are Number 8, with the Wipro valuation coming in at ₹2.58 lakh crore. Back in 1945, it was a vegetable oil business, well, believe it or not, that’s how it all started for Wipro. And then, sure enough, it was none other than Azim Premji who converted it into an IT company, and we have all seen how it went for the company. Now, his son Rishad Premji heads the global provision of IT services and consulting. The Premji family also takes philanthropy seriously and has pledged a huge chunk of its wealth for charity.

9. DLF – Rajiv Singh Family

DLF

Taking the ninth position is the Rajiv Singh family, the magnates behind DLF, the biggest real estate developer in India, worth ₹2.05 lakh crore. DLF was founded back in 1946 and designs contemporary commercial and residential spaces in cities such as Gurgaon and Delhi. Rajiv Singh is third-generation and upholds the family name, spreading the urban presence further, and he is already doing pretty good for the family business.

10. Tube Investments of India – Murugappa Family

The Murugappa family rounds out this list, with their business valuation ticking upwards of ₹2.02 lakh crore. Tube Investments of India, associated with the Murugappa Group, was born in 1900 in Chennai. Among its interests are auto components, financial services, and engineering. And sure enough, now, a third-generation group, the group grows by melding the old values with modern means.

Conclusion

That’s all there is for now. See, many people in India think that these businesses are just out there to make profits, but you should look at it from a different perspective, too. How? Well, look at the fact how much these businesses actually contribute to India’s economy, bring jobs for hundreds and thousands of people in the country, and whatnot. And sure enough, many of these businesses are already considered kinda too-big-to-fail, which is somewhat true if you know a thing or two about big businesses and how they operate.

Anantha Nageswaran

Anantha Nageswaran is a business writer and industry analyst with a keen interest in company strategies, startup trends, and global market movements.

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