As per Ministry of Corporate Affairs, the number of active companies grew 12.1% Y-o-Y in FY21 to 13,44,857, the fastest in a decade. This was partly due to fewer exits.
Number of active companies registered with MCA in 2020-21 increased by 11.8% in industry sector.
Around two-thirds of active firms are in business services (32%) and trading (retail/wholesale: 13%), followed by social (8%) and finance (4%).
Number of active public companies registered with MCA as of FY 21 is 65,492 from 63,592 in FY20.
Private companies registered with MCA contribute a major share in total active companies registered in recent years. These companies registered a growth of 9.34% on Y-o-Y basis in FY21.
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