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More than 185,000 companies incorporated in FY24, highest in a fiscal year

by AIP Online Bureau | May 5, 2024 | Data, Eco/Invest/Demography, Policy | 0 comments

A total of 1,85,314 companies and 58,990 Limited Liability Partnerships (LLPs) were incorporated in the fiscal ended March 31.

New Delhi:

More than 1.85 lakh companies were incorporated in the country in 2023-24, the highest number for any financial year.

A total of 1,85,314 companies and 58,990 Limited Liability Partnerships (LLPs) were incorporated in the fiscal ended March 31.

In a post on X, the corporate affairs ministry said the highest number of companies were incorporated during 2023-2024, “surpassing any of the previous financial years”.

A total of 1,59,339 companies and 36,249 LLPs were incorporated in 2022-23.

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