Through Parampara Family Business Institute (PFBI), we aim to spearhead the awareness, education, adoption and development of family business governance in India by drawing upon the best-in-class wealth of wisdom offered in the space of family business education.
Parampara Family Business Institute (PFBI) was conceptualized as a social endeavor by GMR family to make a difference to family owned business community especially the small and medium business enterprises. The genesis of the institute began when Grandhi Mallikarjuna Rao, (GM Rao – Founder of GMR Group) was the director of Vysya Bank. At that time, he came across multiple cases of non-performing assets (NPAs) due to breakdown/conflicts in family businesses.