India's Corporate Landscape: The Growth and Activity of Registered Firms

India boasts over 28 lakh registered companies, though only 65% remain active. The Ministry of Corporate Affairs highlights that the majority of active firms operate in business and manufacturing sectors. Maharashtra leads in active company numbers, while foreign registrations remain modest at 5,216, with 63% actively operating.

India's Corporate Landscape: The Growth and Activity of Registered Firms
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  • India

India witnesses a robust corporate ecosystem with over 28 lakh registered companies. However, just 65% of these, amounting to 18.1 lakh firms, are actively operational, as per the latest official data.

Business services dominate the landscape, accounting for 27% of these active entities, with Maharashtra emerging as the frontrunner in corporate vibrancy, followed by Delhi and Uttar Pradesh.

Meanwhile, foreign corporate presence remains limited but dynamic, as 5,216 international firms register under the Companies Act, with 63% maintaining active status. This reflects a diverse yet selective expansion in India's corporate sector.

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