Released the Most Recent "The ₹134 Lakh Crore Question" Thought Leadership Study

News Desk, News Nation 360: At the first Growth Driven Family Business Conclave in Kolkata, Dr Swapan Dasgupta, the Hon'ble Finance Minister of the Government of West Bengal, presented the groundbreaking thought leadership report "The ₹134 Lakh Crore Question: How India's Family Businesses Must Move from Custodians to Creators," which was released by Primus Partners and ASSOCHAM. Primus Partners, the event's knowledge partner, emphasised that family businesses, which account for 80% of all businesses and contribute about 75% of India's GDP, are the backbone of the country's economy. However, they are currently facing a crucial turning point, with an estimated USD 1.6 trillion (₹134 lakh crore) in assets set to undergo an intergenerational wealth transfer over the next ten years. The extensive analysis highlights a critical "readiness gap" between actual leadership readiness and formal ownership transfer, and it calls on traditional founders to actively create future value through professionalisation and technological adoption rather than just conserving legacy. Devroop Dhar, co-founder and CEO of Primus Partners, and Suvankar Sen, co-chairman of the ASSOCHAM National Council for Capital & Commodity Markets, argued for the report's practical "3P Framework" (Plan, Prepare, Pursue) to manage this enormous disruption. They emphasised that aggressive capital deployment into emerging sectors, strong institutional governance, and organised succession planning will be crucial to converting inherited wealth into long-term, sustainable economic growth.

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