Versuchen GOLD - Frei

A New Era Is Dawning

MARWAR India

|

November - December 2023

The trigger for this article came from a friend, interestingly enough a Gujarati industrialist who remarked, "You Marwaris have lost the Midas touch!"

A New Era Is Dawning

Harsh Goenka, Chairman, RPG Group

Common perception and public commentary certainly seemed to corroborate his observation and I was also inclined to agree with him. After all, business discourse in our country since the last decade has overwhelmingly been dominated by a few families and they aren't Marwaris! 

Just the other day, or so I felt, the Birlas, Singhanias, Bajajs, Mittals had been making headlines. But they were now no longer visually prominent. Had they really lost the Midas touch? The comment got me thinking and intrigued enough to delve into it.

My first point of search was data on the Top 50 Business Houses in India. In 1964 there were 13 top Marwari families comprising 26 per cent of the highest echelon in our country. In 1990 the figure had increased to 14 families comprising 28 per cent, and in 2000 it remained static at 14 Marwari Business Houses encompassing 28 per cent of the pie. Consulting the Forbes list of billionaires revealed another interesting statistic. Comparing the number of Marwaris in 2013 that made it to the list of top 100 billionaires of India with those in 2022 showed that while there were 29 Marwaris in 2013, in 2022 the number had gone down to 26, but the number of Marwaris in the first 10 had risen from 2 to 4 in the same period.

While these figures showed the community certainly remained as relevant as in earlier decades as one of the top wealth creators of our country, it was equally obvious they no longer occupied center stage in public discussions.

WEITERE GESCHICHTEN VON MARWAR India

MARWAR India

MARWAR India

Desert Couture FOR THE DIWALI Diva

This festive season give your wardrobe a makeover with fashion inspired by the rich palette of the Marwar region with these style tips.

time to read

4 mins

September - October 2025

MARWAR India

MARWAR India

Aarshi's Matrimonial Solutions celebrated its 15th Foundation Day with a spirit of service and international excitement.

After commemorating Ms. Aarshi Jain's (Founder, Aarshi's Matrimonial Solutions) inspiring 25-year journey on 2 October 2024, Aarshi's Matrimonial Solutions proudly celebrated its 15th Foundation Day. This milestone was honoured through two distinct yet equally meaningful segments-one dedicated to social contribution and the other to international travel and rejuvenation.

time to read

1 mins

September - October 2025

MARWAR India

MARWAR India

Keeper of Craft

Internationally acclaimed master sculptor Naresh Kumar Kumawat carries forward a three-generation legacy of sculptural excellence from Rajasthan. His monumental works, spanning continents, stand as symbols of cultural pride, peace, and diplomacy.

time to read

4 mins

September - October 2025

MARWAR India

MARWAR India

Tables that wow

From curated centrepieces and artisanal serveware to layered textures and harmonious colour palettes, every detail contributes to an atmosphere that is both refined and welcoming. Experts tell MARWAR India how thoughtful tablescapes can make festive entertaining effortlessly elegant.

time to read

2 mins

September - October 2025

MARWAR India

MARWAR India

Unrolling Sacred Legends

In a conversation with MARWAR India, master phad artist Prakash Joshi shares insights into this beautiful art form.

time to read

6 mins

September - October 2025

MARWAR India

MARWAR India

PRINCIPLES Before POWER

Humility in high office, resilience in life. The story of Maharashtra's Advocate General, Dr. Birendra Saraf.

time to read

7 mins

September - October 2025

MARWAR India

MARWAR India

Diya. Duty. Drama.

Before boardrooms and corner offices came along, there were floors to sweep and rangolis to design. Business leaders and entrepreneurs reflect on how those tiny rituals, once fought over in jest, quietly left imprints far deeper than they could have imagined.

time to read

7 mins

September - October 2025

MARWAR India

MARWAR India

URBAN LUXURY, ELECTRIFIED

In an automotive landscape increasingly crowded by dreary beige and faux leather cabins, Volvo's EX30 arrives as a breath of Scandinavian fresh air.

time to read

3 mins

September - October 2025

MARWAR India

MARWAR India

Breguet Type XX Chronographe 2075

As part of its 250th anniversary celebrations, after Paris with the Classique Souscription 2025 and Shanghai with the Tradition 7035, Breguet now lands in New York with the Type XX Chronographe reference 2075.

time to read

1 min

September - October 2025

MARWAR India

MARWAR India

Legacy, Learning, Lineage

Blending mythology, history, and razor-sharp intrigue in his trademark style, Sanghi crafts a story that is as thought-provoking as it is unputdownable.

time to read

5 mins

September - October 2025

Translate

Share

-
+

Change font size