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Poosarla Sai Karthik

Tech guy with a busi... • 3m

Gen Z heirs in India are moving away from legacy businesses, choosing personal paths over traditional roles. Many are building startups, exploring creative fields, or opting for work that feels more meaningful. Family-run businesses make up nearly 70 percent of India’s economy and contribute over half of the GDP. If more successors step back, we may see a shift toward private equity, professional management, and even large asset sales. This isn’t a crisis. It’s a reset. Some emotional ownership and long-term thinking may be lost, but it also opens the door for fresh leadership, sharper execution, and new ways of thinking. The challenge now is this, how do we keep the spirit of legacy alive when the next generation isn’t bound to it?

3 Replies

Replies (3)

Greg

👤 • 3m

true

Anonymous 1
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Wipro • 3m

This is honestly heartbreaking. These family businesses built India's middle class over generations. Now privileged kids want to "find themselves" instead of honoring their family's sacrifice. Some traditions are worth preserving.

1 Reply

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Sonam Wangchuk - arrested for breaking the law or breaking the silence? May the actual truth come out sooner. Full faith in the judiciary. He asked for Sixth Schedule rights. For glaciers. For Ladakh. For legacy.