Hi Mohit,
You for sure can take forward your family business but formal education is important for businesses as well. You can pursue your graduation in India and then go abroad for an MBA with specialisation in Family business. There are a lot of b-schools who train students who already have a family business. A course in your graduation can be anything and everything. You can let me know what business are you in and then maybe we could help you out in choosing a UG course.
List of colleges in INDIA for MBA in Family business - https://bschool.careers360.com/colleges/list-of-mba-in-family-business-management-colleges-in-india
Hope it helps.
Thanks.
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