India has third highest number of family businesses: Report
India has 108 publicly-listed family-owned businesses, third highest in the world, while China ranked first with 167 such companies, according to a Credit Suisse report. India ranked 22nd in terms of average market capitalisation of family-owned companies with an average value of $6.5 billion. The average market capitalisation of family-owned companies is greatest in Spain at $30 billion.