Ministry of Corporate Affairs (MCA) has informed that the incorporations during FY 2021-22 (FY 22) are 8% more than the incorporations during FY 2020-21 (FY 21). During FY 22 it has registered more than 1.67 Lakh company incorporations as compared to 1.55 Lakh companies during FY 21.
Further, during FY 2021-22, the States having the highest number of registrations were Maharashtra (31,107 companies) followed by Uttar Pradesh (16,969 companies) Delhi (16,323 companies) Karnataka (13,403 companies) and Tamil Nadu (11,020 companies).
However, sector wise, the maximum number of companies were incorporated in the Business Services (44,168 companies), followed by Manufacturing (34,640 Companies) Community, personal & Social Services (23,416 companies) and Agriculture & Allied Activities (13,387 companies).
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