According to a survey conducted in 2018 about the sources of funding in family businesses in India, 89 percent of the respondents stated that they currently use bank loans and credit lines to fund their business. In recent years, Indian family businesses have become open to external sources of financing to fund their business.
Share of sources of funding for family businesses in India in 2018, by type
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Topics

PwC. (June 17, 2019). Share of sources of funding for family businesses in India in 2018, by type [Graph]. In Statista. Retrieved January 27, 2023, from https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/
PwC. "Share of sources of funding for family businesses in India in 2018, by type." Chart. June 17, 2019. Statista. Accessed January 27, 2023. https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/
PwC. (2019). Share of sources of funding for family businesses in India in 2018, by type. Statista. Statista Inc.. Accessed: January 27, 2023. https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/
PwC. "Share of Sources of Funding for Family Businesses in India in 2018, by Type." Statista, Statista Inc., 17 Jun 2019, https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/
PwC, Share of sources of funding for family businesses in India in 2018, by type Statista, https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/ (last visited January 27, 2023)
Share of sources of funding for family businesses in India in 2018, by type [Graph], PwC, June 17, 2019. [Online]. Available: https://www.statista.com/statistics/1042052/india-sources-of-funding-for-family-businesses-by-type/