India's monopoly moment
About this episode
This episode explores India's economic strategy of supporting family conglomerates and its implications for the future.
From airports to cricket broadcasts, India’s family conglomerates keep turning up everywhere. According to the 2024 Barclays-Hurun report, one family’s wealth alone equals nearly one-tenth of everything India produces in a year. India is running a version of the economic playbook that South Korea and Indonesia once ran — protect your conglomerates and let them do the building. South Korea came through it, at enormous political and economic cost. Indonesia’s economy contracted by 13% in a single year. India is somewhere earlier in that story. In this episode of Daybreak, host Snigdha Sharma asks which ending we are heading toward. **This episode was first published on 26 May, 2026 Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
People in this episode
Host: Snigdha Sharma
Topics covered
- monopoly
- conglomerates
- economic policy
- wealth distribution
- India
- business news
Keywords
- India
- conglomerates
- Barclays-Hurun report
- economic playbook
- wealth
- South Korea
- Indonesia
Mentioned in this episode
Organizations: Barclays-Hurun
Places: India, South Korea, Indonesia
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