The recent ET Family Business Awards held in Mumbai celebrated the vital role of family-owned businesses in India's economy, which accounts for 79% of the nation's economic activity. The jury, chaired by Preetha Reddy (executive vice chairperson of Apollo Hospitals Enterprise), included industry leaders like Niraj Bajaj (chairman of Bajaj Auto) and Dilip Shanghvi (executive chairman of Sun Pharmaceutical). During the deliberations, the jury members engaged in intense discussions, reflecting on the innovative strategies of nominees and the challenges posed by current geopolitical situations, including the impact of Donald Trump's policies and the situation in West Asia. The selection process was marked by a democratic approach, with some categories sparking diverse opinions, particularly regarding next-generation leaders. Preetha Reddy emphasized that the awards recognize the generational strength that underpins India's economic success.