Deep-rooted cultural values, a joint-family structure; so many reasons make India the bedrock of family-owned businesses. Right from the Indus Valley Civilization to modern times, family businesses in India are thriving and growing at an aggressive rate.
According to the Private and Entrepreneurial (P&E) Client’s Family Business Survey 2012 by PriceWaterhouseCoopers Pvt. Ltd. (PwC):
The Bachelor of Business Administration Degree program is a 3-year full-time program, which provides knowledge, understanding, and coverage of all business and management disciplines. The overall aim of the program is to provide students with a thorough grounding in theoretical and practical aspects of business and allied courses. The distinguishing feature of the BBA program at AURO University is the applied and realistic nature of delivery and its relevance to real-world business situations and its applications. The program provides a wide array of preferences corresponding to different career choices with high expected returns in terms of professional and vocational relevance.
Family businesses account for almost 85% of businesses in the country; they contribute nearly 60-70% of GDP (Boston Consulting Group). Two out of every three listed company in India is family owned. In fact, India has the largest block of family owned businesses in Asia.
According to the CII’s Family Business Network (India chapter), the gross output of these family-run businesses accounts for 90% of India’s industrial output, 79% of organized private sector employment, and 27% of overall employment. Family-owned businesses are also investing in Indian start-ups in a big way.
Minimum CGPA Required:50