|
Awards |
Family Business Awards 2025 |
|
Awards Management |
Personnel from The Economic Times and / or organizers/ Bennett Coleman and Company limited, etc. who are responsible for the overall conduct of the Awards |
|
Applicant |
Any person that sends an application to participate in the Awards as per the Terms & Conditions, or is nominated by The Economic Times to participate in the Awards |
|
Application form |
The entry for the Award is determined by the completely filled-in form submitted by the participant. The participant who must apply online on the below mentioned website |
|
Jury |
A group of experts identified by Awards Management for evaluation/review of the entries based on pre-defined evaluation parameters which will be reviewed by an independent agency |
|
Terms and Conditions (“T&C” or “Terms”) |
The terms governing the Awards, as may be amended from time to time by the Awards Management |
|
Website and its T&C & Privacy |
ETFamilyBusinessAwards.com |
|
Category |
Definition |
|---|---|
|
Family Business of The Year - Mega |
To recognize a family-owned enterprise either listed or unlisted, that has achieved an all-round excellence in growth, leadership, and continuity across generations. It celebrates businesses that have scaled up while upholding strong family values, governance standards, and a long-term vision. The award highlights organizations that combine revenue and profit growth with innovation, professional management, and structured succession planning, demonstrating resilience, stability, and sustained leadership over time. The annual turnover of the company must be between INR 10,000 Crores to INR 40,000 crores as on March 31, 2025 |
|
Family Business of The Year - Large |
To recognize a family-owned enterprise either listed or unlisted, that has achieved an all-round excellence in growth, leadership, and continuity across generations. It celebrates businesses that have scaled up while upholding strong family values, governance standards, and a long-term vision. The award highlights organizations that combine revenue and profit growth with innovation, professional management, and structured succession planning, demonstrating resilience, stability, and sustained leadership over time. The annual turnover of the company must be between INR 5,000 Crores to INR 10,000 crores as on March 31, 2025 |
|
Family Business of The Year - Emerging Titans |
To recognize a family-owned enterprise either listed or unlisted, that has achieved an all-round excellence in growth, leadership, and continuity across generations. It celebrates businesses that have scaled up while upholding strong family values, governance standards, and a long-term vision. The award highlights organizations that combine revenue and profit growth with innovation, professional management, and structured succession planning, demonstrating resilience, stability, and sustained leadership over time. The annual turnover of the company must be between INR 2,000 Crores to INR 5,000 crores as on March 31, 2025 |
|
Excellence in Investor Value Creation |
To recognize companies that have generated exceptional value for their shareholders over a period of 3 consecutive financial years (2022 - 2023; 2023 - 2024; 2024 - 2025). It recognizes organizations who has demonstrated strong business performance supporting the rise in share price, reflecting strong business fundamentals, strategic execution, and investor confidence. The award is based primarily on stock price appreciation, signalling consistent wealth creation and market leadership. The company must be a publicly listed company in India. |
|
Turnaround Triumph |
To recognize a family business that has successfully navigated adversity and achieved a strong, sustainable turnaround. It honours organizations that have rebuilt momentum through a bold pivot, restructuring, or strategic reinvention, resulting in renewed growth, profitability, and operational stability. The award highlights businesses whose transformation stories go beyond a single financial year and reflects consistent improvement, resilience, and long-term value creation. The turnaround point of the company (pivot, restructuring, strategic shift) must have occurred within the last five to seven years |
|
NextGen Business Leader (Male) |
To recognize the next-generation scion of a family business who is actively shaping the future of the enterprise. It honours young leaders who are taking on meaningful executive responsibilities, driving key initiatives such as diversification, strategic shifts, geographic expansion, or innovation, and demonstrating vision, leadership, and potential to transform the family enterprise for the next generation. - The nominee must be the next generation leader (not the founder) of the family business organization - The nominee must hold an executive role in the family business (not necessarily CXO, but decision-making authority is required) |
|
NextGen Business Leader (Female) |
To recognize the next-generation scion of a family business who is actively shaping the future of the enterprise. It honours young leaders who are taking on meaningful executive responsibilities, driving key initiatives such as diversification, strategic shifts, geographic expansion, or innovation, and demonstrating vision, leadership, and potential to transform the family enterprise for the next generation. - The nominee must be the next generation leader (not the founder) of the family business organization - The nominee must hold an executive role in the family business (not necessarily CXO, but decision-making authority is required) |
|
Sustainability Champion |
To recognize a family business that has effectively embedded environmental, social, and governance (ESG) principles into its long-term strategy. Organizations that demonstrate measurable sustainable impact through initiatives that benefit the environment, society, and business governance, while aligning with the company’s strategic objectives. The award highlights enterprises that integrate sustainability into decision-making, operations, and culture, creating value for both the business and the broader community. The nominee must have at least one ESG project or initiative implemented in the last 3 years as on December 31, 2025 |
|
Make in India Champion |
To recognize family businesses that embody the spirit of the Make in India initiative by promoting manufacturing excellence, innovation, and self-reliance within India. It recognizes companies that have significantly contributed to strengthening India’s manufacturing ecosystem, boosting domestic production, and fostering sustainable economic development. The focus should be on demonstrable growth in domestic manufacturing capabilities, contribution to import substitution and export promotion, innovation in manufacturing processes and product design, adoption of quality and productivity enhancement practices, commitment to “Make in India” values and vision. |
|
Excellence in Employment Generation |
To recognize a family business that has demonstrated commitment to job creation and workforce development. Organizations that have generated significant employment opportunities, invested in skill development, and strengthened human capital, contributing to economic growth and societal well-being. The award celebrates businesses that combine growth with responsible employment practices and talent development. |
|
Philanthropic Leadership |
To recognize and honor a family-owned company that has demonstrated outstanding philanthropic commitment and social investment, driving meaningful and measurable impact in society. It celebrates organizations that exemplify compassion, social responsibility, and leadership through sustained charitable initiatives, corporate foundations, or social enterprises. |
|
Excellence in Digital Transformation |
To recognize family businesses that have successfully embraced digital technologies and leveraged them to transform operations, customer experience, or business models. It recognizes enterprises that use technology to enhance efficiency, innovate processes, enable data-driven decision-making, or expand digital reach, thereby driving growth and future-readiness. The focus should be on Effective integration of digital tools and platforms (e.g., AI, automation, cloud computing), measurable improvements in operational efficiency or customer engagement, innovative use of technology to create new revenue streams or markets, leadership in fostering a digital culture within the family business |
|
Export Champion |
To recognize a family business that has significantly contributed to India’s foreign exchange earnings through large-scale manufacturing and exports. It honours organizations that demonstrate strategic vision, operational excellence, and global competitiveness, driving revenue growth and profitability while expanding India’s presence in international markets. The award highlights leadership in export performance, market expansion, and value creation for the economy. |
a) Family is the majority owner, or the single largest non-institutional shareholder.
b) Family controls the board with majority/ 50% of directors’ family nominated.
c) Family member runs the company as CEO/ MD.
1) any delivery, failures relating to the registration or uploading videos/presentations.
2) any SPAM generated messages as result of Participant accessing the Website.
3) Awards Management does not receive or reject any data.
4) any lost, late, or misdirected computer transmission or network, electronic failures of any kind or any failure to receive entries owing to transmission failures or due to any technical reasons and
5) Other conditions/situations or failures beyond its control.