
In this session of #indiatodayconcalve Rishabh Shroff, Partner, Cyril Amarchand Mangaldas responds to Uday Kotak's statement on younger generation of business families. He agrees that next-gen leaders spend more time investing through family offices than on factory floors. Shroff sees this as a sign of a mature economy but emphasises the need for hands-on business experience. He notes India has 400 family offices compared to 8,000 in the US, indicating room for growth.