Chief India Magazine: Tradition vs. Modern Practices in Family Businesses
Chief India Magazine has long highlighted the role of family businesses as the backbone of the Indian economy, contributing significantly to employment, innovation, and the development of various industries. These businesses are often characterized by their unique blend of deep-rooted traditions and a strong emphasis on family values, combined with the pressures of adapting to modern business practices in an ever-evolving global marketplace. In this article, we explore the delicate balance between tradition and modernity in family-run businesses in India and how they manage to navigate the complexities of both worlds.