On This Special Edition of the Core Report this week, we take a look at family businesses and succession. Many Indian conglomerates next year will witness transitions in leadership as business tycoons near their 70s and 80s. Farhad Forbes, Co-Chairman of Forbes Marshall, discusses business dynamics in the face of changing leadership with Financial Journalist Govindraj Ethiraj. Who is suited to lead organizations built on the toil of first-gen leaders? Have traditional value systems, prioritizing the male heir, changed? Tune in for more.

Apart from being the Co-Chairman of Forbes Marshall, Farhad Forbes is also the global Chair of Family Business Network International (FBN), and the first non-European to be elected to the position. Farhad Forbes represents the 2nd Generation of Forbes Marshall, responsible for the Industrial Process Automation and Control Group of the Company. He has been in the company since 1982. Forbes Marshall is one of India’s leading companies in the fields of Steam Engineering, Energy Conservation, Utilities Management, and Industrial Process Automation and Control. It employs over 1100 people and has Joint Ventures and alliances in Germany, the United Kingdom, Belgium and Japan.

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#185 Family Business And Succession with Farhad Forbes, Co-Chairman, Forbes Marshall