When Rakshit N Jagdale, Managing Director of Amrut Distilleries ,took over the reins of the family business in 2019, it wasn't a leap into the unknown. By the time Rakshit Jagdale entered the business in 1999, he was stepping into an organisation that had already been transformed once. Talking about how the younger generation perceives family-run businesses, Rakshit says, "I think the younger generation is looking at the challenges. Leadership in a family business cannot be inherited overnight. For Rakshit Jagdale, that is the true meaning of succession.