Keeping alive the good, old family business6 min read . Updated: 21 Jan 2021, 10:56 PM IST
Family businesses post 1991 were shored up by the arrival of the next generation, many of whom were educated and had worked outside India
Corporate presentations of Voltas Ltd today trumpet its landmark early years. In 1956, the company installed eight air conditioners (ACs) at the Mumbai home of chief minister Morarji Desai. And in the early 70s, India’s first high-speed train, the Rajdhani Express, was air-conditioned by Voltas.
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