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Factory floor or family office? India's rich youngsters alarm elders

💸 India’s Rich Heirs Are Ditching Family Firms

Published by OOPSONLINE.IN · Source: Business Standard · 1 min read · · Updated

❤️ OOPS SAYS

Turns out the next generation would rather do "venture capital vibes" than manage a factory floor. Who could have predicted that rich kids would prefer the air-conditioned investment office?

What actually happened

A growing number of younger Indian business heirs are selling stakes in family companies and moving into family offices, private investments and startups as wealth management evolves

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  • #factory
  • #floor
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