India News | More Than 1.85 Lakh Cos Incorporated in 2023-24, Highest in a Fiscal Year

New Delhi, Apr 2 (PTI) 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.

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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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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)