More Than 1.85 Lakh Companies Incorporated In FY24, Highest In A Fiscal Year

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

PTI @PTI_News

02 Apr 2024, 11:30 PM IST

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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.