Registration of new firms surges 108%

REGISTRATION OF NEW companies grew 108% onyear to 23,113 in September, which was the second-highest ever in absolute terms, and the highest annual increase in at least 60 months, as per official data.

- MANU KAUSHIK

The first half of FY26 witnessed a 38.4% jump in new company registrations, the highest in at least five years, going by the ministry of corporate affairs (MCA) figures. April 2025 had seen all-time high registration of companies (23,776) in any month.

Officials said that the better-than-expected GDP growth in the first quarter of the current fiscal, a revival of consumption, especially in the rural sector, and vote of confidence on the Indian economy by various global rating agencies, including S&P, have boosted investor confidence, and triggered incorporation of more companies.