Whether it is the daughter of a patriarch who's now running the operations in full swing or an existing leader, who stepped to build his own identity. Every year, when our team goes out to interview these new faces to showcase you each, our aim is to draw the learning they have had in their growth journey as an entrepreneur. Family businesses constitute more than 70% of India's annual GDP, which makes a great case study to learn about business growth in the era when the startup space is having a shaky time. Family enterprises, which constitute nearly 85% of India's corporate landscape have played a vital role in the country's economic advancement. The aim was to learn many such business lessons from those who have done it across generations.
Breaking Barriers
PRITI A SUREKA
DIRECTOR, EMAMI GROUP
In the midst of the 1970s, two friends R. S. Agarwal and R. S. Goenka decided to disrupt a market, where other companies had deep pockets. Their grit and toil led them to establish the Emami Group. Differentiate or die, innovate or perish, had been their motto from the beginning..."My father, RS Agarwal, founder & joint chairman, Emami Group is a role model for me. He believed that spotting business opportunities and capitalizing on it, is the key to success. He believed either innovate or die. Emami has stood tall on these principles for almost 50 years now," said Priti A Sureka, director, Emami Group.
Rooting from a patriarchal Marwari family, it was an achievement for Priti to be the first and only woman to enter the family business, "Being appointed as a director on the Board was perhaps the highest point of my career. It was not only a recognition of my professional achievements and credentials, but also an inclusive step taken by the organization."
This story is from the September 2023 edition of Entrepreneur magazine.
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This story is from the September 2023 edition of Entrepreneur magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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