The Thomas Schmidheiny Centre for Family Enterprise hosted a webinar to release a white paper titled “Family businesses and India’s transition to a service led economy (1991 – 2018)”, yesterday. The study investigates a sample of 4,589 firms over a 28 years period and reiterates how family firms are playing a catalytic role in reshaping Indian economy and charting new vibrant businesses portfolio. The white paper was released by Padmashree Mr BVR Mohan Reddy, Chairman, Cyient Ltd and former Chairman NASSCOM and Ms Sonu Bhasin, Family Business Historian and Founder and Editor-in-Chief: The FAB Magazine in the presence of the authors of the report -Dr. Nupur Pavan Bang, Nandil Bhatia and Professor Kavil Ramachandran of the Thomas Schmidheiny Centre for Family Enterprise at ISB and Professor Sougata Ray of IIM Calcutta; and participants. The participants went away with rich insights around the need for agility, communications, governance and filling up of the institutional voids. The webinar was a grand success with over 200 participants.