India’s Most Celebrated Gathering of Family Enterprises

14th August 2026 | Bengaluru

Family Business
Excellence Awards
Family Business
Excellence Awards

Jury Members

Moments from the previous edition

Award Categories
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Family Enterprises
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Elite Attendees
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Awards Categories

Family Business of the Year

A flagship recognition for enterprises that have preserved and strengthened the business across generations through succession, continuity of ownership and / or management control, long term growth, stability and financial outlook.

Back Title

Parameter

01

Excellence in Principles

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

03

Excellence in Innovation

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

04

Excellence in Brand Transformation

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

05

Excellence in Diversification

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

06

Excellence in Legacy

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

Awards Categories

01

Excellence in Principles

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

02

Excellence in Philanthropy

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

03

Excellence in Innovation

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

04

Excellence in Brand Transformation

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

05

Excellence in Diversification

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

06

Excellence in Legacy

Recognizing family enterprises that have excelled in this critical dimension of business legacy and growth.

Overview

India’s economic narrative has been shaped not by short-term cycles, but by enterprises that have stood resilient across generations. At the heart of this resilience are family-led businesses that have evolved from closely held firms into powerful enterprise dynasties, balancing legacy with reinvention, and tradition with transformation.

The ET NOW Family Business Excellence Summit & Awards 2026 brings together India’s most influential family enterprises, next-generation leaders, and first-generation founders to explore how businesses are built, scaled, and sustained across generations. As India enters its next phase of growth, family enterprises continue to drive value creation, governance evolution, and long-term capital allocation

Where Legacy Meets Leadership

The summit is designed for the high-level leadership, convening stories and legacies that goes beyond celebration to meaningful dialogue. It explores how India’s most influential family enterprises are:

  • Navigating intergenerational leadership transitions
  • Institutionalising governance and decision-making frameworks
  • Expanding globally while staying rooted in legacy values
  • Adopting technology, AI, and digital-first business models
  • Redefining scale, structure, and sustainability

This is more than a recognition platform; it is a strategic forum where India’s family enterprise dynasties engage in shaping the future of business leadership.

Why Attend

Leadership Dialogues

Gain insights from India’s most influential family business leaders

Strategic Foresight

Understand models of succession, governance, and institutional scaling

Next-Gen Influence

Engage with next-generation leaders redefining enterprise strategy

Disruption Edge

Explore how AI, innovation, and globalisation are reshaping legacy businesses

Prestige & Recognition

Be part of the country’s most prestigious family enterprise recognition platform

Executive Networking

Network with Chairpersons, founders, policymakers, and industry thought leaders

Who Should Attend

The summit is designed for high-level leadership, convening stories and legacies that go beyond celebration to meaningful dialogue.

Family Principals

Enterprise Leadership

Capital & Investment

Ecosystem Stakeholders

Awards Categories

We should look at families in the following bracket of business turnover. This applies to a specific family business or the consolidated revenue of all businesses the family has as part of their group or holdco.

We will recommend some market facing names.

A flagship recognition for enterprises that have preserved and strengthened the business across generations through succession, continuity of ownership and / or management control, long term growth, stability and financial outlook.

Focus: Scale, performance, brand value and legacy

Parameter

What Evaluators Look For

Financial Growth

3-year compound annual revenue growth rate

Profitability

Positive EBITDA over 3 consecutive years

Brand Value

Presence in recognised brand valuation indices — BrandZ, Interbrand, Brand Finance India (optional)

Governance Rating

Credit rating, ESG score, or governance ranking

Market Position

In respective industry

Legacy and History

Succession planning, multi-generational management roles

Honours family businesses demonstrating leadership in ESG, sustainability practices, and responsible growth models.

Focus: ESG integration, climate action, circular economy, governance.

Parameter

What Evaluators Look For

ESG Score

CRISIL, MSCI, Sustainalytics, or equivalent ESG rating

Carbon Footprint Reduction

Documented year-on-year reduction in Scope 1 and Scope 2 emissions

Sustainability Certifications

GRI, CDP, Science Based Targets initiative (SBTi) alignment

Carbon footprint

Businesses calculating emissions and implementing reduction strategies

For family enterprises that have successfully embedded digital technologies, automation, and AI-led transformation across operations driving innovation, efficiency, growth and future readiness.

Focus: Digital maturity, innovation adoption, tech-driven efficiency.

Parameter

What Evaluators Look For

Technology Investment

IT and digital capex as percentage of total revenue - annual reports

AI & Automation Adoption

Documented implementation of AI, ML, or RPA across operations - case studies

Recognitions

Presence in digital transformation rankings, industry assessments, and market forums

Cybersecurity & Data Governance

ISO 27001 certification or equivalent data security framework

Operational Aspects

Effective Cloud/ ERP adoption, Customer experience digitisation, website/app user experience, supply chain optimisation, leveraging data & analytics for growth & efficiency

Recognises meaningful contribution to society through structured CSR, foundations, and long-term social impact initiatives.

Focus: Impact scalability, philanthropy, institutional giving.

Parameter

What Evaluators Look For

CSR Spend

Annual CSR expenditure as percentage of net profit

CSR Compliance & reporting

Consistent compliance with Companies Act Section 135 CSR mandate

Programme Scale

Number of direct and indirect beneficiaries reached or programs implemented

Institutional Giving

Existence of a dedicated family foundation or charitable trust

Recognitions and Nominations

Recognitions by ministry of corporate affairs/IICA for national CSR or equivalent awards

Impactful partnerships

Partnerships with NGOs/public institutions for measurable social impact

For family businesses that have consistently created strong value for investors, stakeholders, and capital partners through disciplined financial management.

Focus: Valuation growth, capital efficiency, governance, stakeholder trust.

Parameter

What Evaluators Look For

Shareholder Returns

3 and 5-year total shareholder return

Credit Rating

Long-term credit rating by CRISIL, ICRA, CARE, or India Ratings

Dividend Consistency

Dividend payout record over minimum 5 years - BSE/NSE filings

Debt Management

Debt-to-equity ratio trend over 3 years

Promoter Pledge

Percentage of promoter shareholding pledged – BSE/ NSE exchange disclosure

Recognises families that have successfully executed leadership transition through structured succession planning, institutionalised governance, and seamless transfer of responsibilities across generations or to professional or family leadership, while ensuring continuity, stability, and long-term business growth.

Focus: Governance structures, generational transition, leadership pipeline.

Parameter

What Evaluators Look For

Succession Clarity

Documented and publicly communicated succession framework

Next-Gen Role

Formal appointment of next generation or professional leadership in an executive or board role

Governance Evolution

Evidence of transition from informal to institutionalised governance structures

For family enterprises that have institutionalised strong governance frameworks with effective independent board participation.

Focus: Board independence, governance maturity, compliance standards.

Parameter

What Evaluators Look For

Board Independence Ratio

Minimum 5 independent directors on board

Board Committee Structure

Existence and active functioning of Audit, Risk, and Nomination & Remuneration Committees

Independent Director Credentials

Qualifications, industry experience, and diversity of independent directors

Governance Rating

External governance score by CRISIL, IiAS, or Institutional Investor Advisory Services

Regulatory Compliance Record

Clean compliance record with SEBI, MCA, RBI

Recognises family-led business groups that have built diversified, multi-sector enterprises while successfully expanding their presence across international markets through strategic, scalable, and sustainable growth.

Focus: Diversification strategy, global expansion, capital allocation, cross-border growth, and group-level governance.

Parameter

What Evaluators Look For

Sector Diversification

Number of distinct industry sectors/business verticals operated by the group

International Presence

Number of countries with active subsidiaries, offices, manufacturing units, or operations

Global Revenue Share

Percentage of consolidated revenue contributed by overseas markets

Cross-Border Expansion Activity

Publicly reported international acquisitions, joint ventures, partnerships, or market expansion initiatives in the last 5 years

Consolidated Financial Growth

Consolidated revenue and EBITDA growth over the last 3 financial years based on annual reports or public filings

Honours long-term senior leaders who have successfully stewarded the family enterprise through growth, transformation, and value preservation, actively shaping the future of organisation.

Focus: Legacy building, leadership stability, strategic direction.

Parameter

What Evaluators Look For

Role

Recognises Family’s leadership in building the business

Enterprise Scale Built

Revenue scale achieved under their leadership tenure

Tenure & Continuity

Years of active leadership and documented strategic continuity

Industry Recognition

Presence in national business leadership rankings

Institutional Legacy

Establishment of governance structures, foundations, or enduring institutional frameworks under their leadership

Sector Contribution

Documented contribution to industry bodies, policy forums, or national economic initiatives

Recognises new-generation leaders driving transformation, innovation, and future-readiness, with a potential to turn their businesses into family legacies tomorrow.

Focus: Disruption, digital mindset, new-age leadership.

Parameter

What Evaluators Look For

Valuation / Market Capitalisation Growth

Increase in enterprise valuation, market capitalisation, or investor confidence indicators

Digital or Innovation Footprint

Documented introduction of a new business model, technology, products/services with market-fit evidence or market under their leadership

Industry Recognition

Recognition through reputed industry rankings, entrepreneur lists, business awards, or market forums

Brand Visibility & Consumer Reach

Market presence, customer base growth, digital reach, or measurable brand visibility indicators

Stakeholder Visibility

Media presence, industry speaking engagements, or published thought leadership

Honours individuals with decades of contribution to building, scaling, and institutionalising a family enterprise. This will be a jury special award.

Focus: Enduring legacy, institutional contribution, sector impact.

Parameter

What Evaluators Look For

Leadership Tenure

Minimum 25 years of documented active leadership within the family enterprise

Enterprise Value Created

Total enterprise value or revenue scale built over career tenure

Sector Transformation

Documented contribution to transforming, pioneering, or defining their industry sector

National Recognition

Featured on credible market & industry forums

Institutional Legacy

Enduring governance structures, foundations, or institutions established that outlast active leadership

Selection Criteria

Awards Categories

  • Company registered in India with significant operations
  • Family-owned or family-influenced business structure
  • Active involvement of one or more generations in ownership and/or management
  • Minimum 7 years of operational continuity preferred for all categories
  • Large enterprises with annual turnover between ₹5001 crore and ₹10000 crore.
  • Small and medium enterprises with annual turnover between ₹500–₹5000 crore
  • Consistent positive financial performance over the past 3–5 years
  • Listed and unlisted companies to be considered
  • Availability of credible data for validation through public sources, websites, annual reports, and reputed media sources
  • Board representation of minimum 3 members

 

  • Evaluation Framework: Developed in collaboration with our Knowledge Partner, with category-specific eligibility and assessment criteria.
  • Independent Research: Comprehensive evaluation of 500+ rising family businesses across India by our Research Partner.
  • Assessment: Each nomination is assessed against predefined business, governance, leadership, and performance parameters.
  • Jury Review: Shortlisted entries are independently reviewed and deliberated upon by an eminent Jury Panel comprising India's leading family business leaders.
  • Final Selection: Winners are determined through the jury's evaluation and announced at the ET NOW Family Business Excellence Summit & Awards 2026.

Recognises meaningful contribution to society through structured CSR, foundations, and long-term social impact initiatives.

Parameters:

  • CSR spend (FY25–FY26), if company has made policy disclosuress
  • Existence of a dedicated family foundation / trust
  • Family's involvement in directly leading some of these initiatives
  • Scale and sustainability of social impact created
  • Scale of initiatives: number of beneficiaries, number of programs undertaken
  • Legacy of CSR programs, diversity and strategic importance to the group
  • Awards, recognitions, and external validation for social impact — quality of impact evidence and reporting
  • CSR compliance and governance practices, as reported by the group


Recognises families that have successfully executed leadership transition through structured succession planning, institutionalised governance, and seamless transfer of responsibilities across generations or to professional or family leadership, while ensuring continuity, stability, and long-term business growth.

Parameters:

  • Number of generations involved in the business(es)
  • Succession events in the past and information around financial growth post the succession / leadership transition, subject to data availability
  • Market share growth and share price performance (%) pre- and post-transition (where available)
  • Revenue growth (%) pre- and post-transition
  • EBITDA growth (%) pre- and post-transition
  • Number and percentage of independent directors, and role of family on the board
  • Guidance and disclosures of governance structure and succession plans
  • Formal integration of next-generation and/or professional leadership
  • Diversification initiatives led by successor generation: new product launches, JVs and acquisitions
  • Absence of adverse media, disputes, or family conflicts during or after transition


Recognises family-led business groups that have built diversified, multi-sector enterprises while successfully expanding their presence across international markets through strategic, scalable, and sustainable growth.

Parameters:

  • Financial hygiene of the underlying business
  • Scale of international operations (exports, manufacturing base)
  • International Revenue as % of Total Revenue
  • Number of countries with active operations / manufacturing / active exports
  • Number of new markets, strategic JVs and acquisitions
  • Number of international market certified products (if disclosed)
  • Scale of acquisitions both international and domestic, leading to diversification
  • Business, industry and governance rationale supporting diversification and global expansion
  • Strategic significance of product diversification


A flagship recognition for enterprises that have preserved and strengthened the business across generations through succession, continuity of ownership and/or management control, long term growth, stability and financial outlook.

Parameters:

  • Business legacy, years of establishment, number of generations involved, number of years in business
  • Market position, brand and industry position
  • Revenue growth and growth rate (past 3 FYs)
  • Positive EBITDA growth (past 3 FYs)
  • Governance including independent board, reporting and compliances
  • Leadership transition and succession event, if any
  • Diversification: global footprint, number of entities/businesses
  • ESG ratings (if available)
  • Flagship CSR projects
  • R&D, innovation and technology adoption
  • Absence of adverse media, governance concerns, or major disputes


Recognises a next-generation leader who has demonstrated exceptional leadership in driving the growth, transformation, and long-term success of a family enterprise while preserving its legacy and values.

Eligibility

The nominee must be a second-generation or later member of a family-owned enterprise, currently holding a significant executive or strategic leadership role within the business, and be below 40 years of age. No adverse legal disputes.

Evaluation Parameters

  • Second generation or more from the same family business, with active or strategic leadership role in the family business
  • Age less than 40 Years as of 1 Jan 2026 or June 2026 – as per available data.
  • Legacy of the business: Years of existence
  • No. of generations from the promoter family involved in the business.
  • Business succession planning and next-generation leadership continuity
  • Business hygiene
    • Family Businesses from ₹500 to ₹10,000 Crore – full spectrum
    • Revenue Growth (%) pre- and post- leadership transition (2/3 years, depending on transition)
    • EBITDA Growth (%) pre- and post-leadership transition (2/3 years, depending on transition)
    • Improvement in profitability (PAT), market cap, shareholder value, capital efficiency, or other measurable financial outcomes (past 2/3 years, depending on transition)
    • # of years of active leadership
    • Any strategic growth levers pursued in their tenure – M&A, Capital Events – PE / IPO, JVs, Global partnerships, Diversification into new businesses, opening of new plants
    • Professionalisation of the business, if pursued
    • Role in governance, board
    • CSR programs – Led / attributed to them.
  • Recognition through industry awards, leadership forums, board positions, thought leadership, or other contributions that have enhanced the reputation of both the individual and the family enterprise


Honours long-term senior leaders who have successfully stewarded the family enterprise through growth, transformation, and value preservation, actively shaping the future of the organisation.

Parameters:

  • Family Business — financial health of the business, revenue growth (past 3 years) and overall market positioning
  • Tenure & Continuity — years of active leadership and documented strategic continuity
  • Institutional Legacy — establishment of governance structures, foundations, or enduring institutional frameworks under their leadership
  • Industry Recognition — awards and recognitions received by individual or business
  • Key Milestones — major expansion, diversification, listing or growth milestones achieved in their tenure
  • Sectorial Contribution — contribution to country or sector through export-led growth, R&D capabilities, innovations or manufacturing developments

Past Advisory Members

Ameera Shah 

Promoter and Executive Chairperson  
Metropolis Healthcare Limited

Arpita Vinay

MD & Co-CEO
Spark Capital Private Wealth Management

Dr. Ram Charan

Global Business and Leadership Consultant

K R Sekar

Partner and Leader
Deloitte India

Nadir Godrej

Chairman & MD
Godrej Industries

Naina Lal Kidwai

Chairperson
Rothschild & Co India

Past Speakers

Amit Kalyani

Vice Chairman & Joint MD
Bharat Forge

Amruda Nair

Founder & Director
Araiya Hotels & Resorts

Arpita Vinay

MD & Co-CEO
Spark Capital Private Wealth Management

Dhiraj Bhandary

Partner
Deloitte India

Dipali Goenka

CEO & MD
Welspun Living

Dr. Niranjan Hiranandani

Founder & Chairman
Hiranandani Group

Dr. Ram Charan

Global Business and Leadership Consultant

Dr. Thomas Mathew

Author, Défense Analyst, Corporate Strategist, Conservationist
Government of India

Ekta Kapoor

Joint Managing Director – Balaji Telefilms Ltd & Founder
ALTBalaji | Balaji Digital

Harsh Mariwala

Founder & Chairman
Marico

Hemal Mehta

Partner
Deloitte India

Manan Shah

Managing Director
MICL Group

Parthiv Kamdar

Partner
Deloitte India

Romal Shetty

CEO
Deloitte South Asia

Sulajja Firodia Motwani

Founder & CEO
Kinetic Green

Partners

Presenting Partner

Luxury Automobile Partner

Luxury Charter partner

knowledge partner

Research Partner

Gifting Partner

Television Partner

Media Partners

Education Partner

Business Insights Partner

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