India - key challenges over the next two years in family businesses 2018

According to a survey conducted in 2018 among Indian business leaders about ranking their key challenges over the next two years, 54 percent of the respondents ranked innovation as a leading challenge. With the growth of young entrepreneurs and start-ups in India, established businesses need to think ahead and come up with new ideas and solutions.

Key challenges over the next two years for family businesses in India in 2018

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Release date

June 2019

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Region

India

Survey time period

April 20, 2018 to August 10, 2018

Number of respondents

106 respondents

Special properties

family business leaders

Method of interview

Questionnaire and personal interview

Supplementary notes

The original question was "How much of a challenge do you think each one will be for your business over the next 2 years on a scale of 1–5, where 1 means it will be a minor challenge or not particularly important and 5 means it’s going to be a major challenge for your business?".

For each respondent, the answers were ranked based on their top 2 challenges.

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