Can any one has idea that Indian family business house vanish in three family generations ?? Why we don't have legacy of 150 years old companies keeping growth momentum like in western countries including Europe, US ??
We do have some indigenous companies which are more than a century old:
Name - Year Established
Wadia Group1736
Aditya Birla Group1857
Bombay Burmah Trading Corporation1863
Shapoorji Pallonji Group1865
Nestlé India1866
Tata Group1868
Dabur India Ltd.1884
Kirloskar Group1888
Delhi Cloth & General Mills1889
Britannia Industries1892
Century Textile and Industries1897
Godrej and Boyce1897
CESC Limited1899
Bengal Chemicals and Pharmaceuticals1901
Shalimar Paints.1902
The Indian Hotels Company1903
City Union Bank1904
Phoenix Mill1905
National Insurance Company1906
Alembic Pharmaceuticals Ltd1907
Tata Steel1907
Swan Racing1909
Lakshmi Mills1910
ITC1910
TVS Group1911
The Bangalore Press1916
Birla Corporation1919
CSB BANK1920
Kansai Nerolac Paints1920