Business groups in India are large conglomerates that consist of multiple companies operating in various sectors. These groups often have a common ownership structure and are typically family-owned. Prominent examples include the Tata Group, Aditya Birla Group, and Reliance Industries. They play a significant role in the Indian economy, contributing to employment and industrial growth. These business groups are characterized by their diversified portfolios, which may include industries such as manufacturing, services, and technology. They often leverage their resources and networks to expand into new markets and sectors, enhancing their competitive advantage in both domestic and international arenas.