India’s economic ambitions rest on its ability to foster a generation of entrepreneurs willing to take risks, build industries, and create jobs. Yet, a troubling trend has emerged ~ many young business heirs and well-educated professionals prefer managing inherited wealth rather than venturing into operational businesses. This shift away from production and innovation toward financial management poses long-term concerns for India’s industrial and economic future.

The younger generation of business leaders often gravitates toward investment management, trading, and running family offices rather than engaging in manufacturing or core business operations. Unlike their predecessors, who built enterprises from the ground up, many of today’s wealthy young entrepreneurs focus on maintaining and growing financial assets. While wealth preservation is important, an economy thrives when individuals create and scale businesses, generating employment and industrial growth. This preference for........

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