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That is one way of looking at it. In India businesses are a family affair. Every subsequent generation of those families also get into business. As family tree
by thisisit 9y ago
That is one way of looking at it. In India businesses are a family affair. Every subsequent generation of those families also get into business. As family tree grows people tend to branch out into running other businesses. So, the average size of business remains small. And those don't lend them formal, salaried jobs. On an average the business size tends to be 1 or 2 employees ie the owners.