India's top 25 family business houses control up to a fifth of national GDP, World Bank study finds

A new research has revealed that despite decades of liberalization, India's corporate dynasties have only tightened their grip on the economy—capturing 20% of GDP at their peak and expanding into nearly every industrial sector while quietly driving up prices.At their zenith in 2012, the gross revenues of India's top 25 family business houses equaled one-fifth of the entire country's GDP.