India's 10 Oldest Family Owned Businesses

The Murugappa Group

The foundation of the Murugappa group-the Tata of south India-was laid by Dewan Bahadur A M Murugappa in 1900. It started as a money lending and banking service in Burma. Currently, the fourth generation of the family is managing the business which has 28 companies and is headquartered in Chennai. They employ 32,000 people and the total business is worth 225 billion. They are into sectors as diverse as general insurance, fertilizers, manufacturing of bicycles, steel tubes and abrasives.

The Dabur Group

Dabur has come a long way since its foundation by Dr. S. K Burman in 1884. It’s currently the largest manufacturer of Ayurvedic medicines in India. Dabur offers 260 medicines for treatment of a range of ailments. It employs around 3000 people. They have several non-family members serving in the board of the company and also in the CEO position.

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