With increasing business activities, the count of new companies is on the rise with as many as 1.5 lakh firms getting registered in one-and-a-half years, according to data available with the corporate affairs ministry.


NEW DELHI: The country might have more than 13 lakh registered companies but over one-third of them are either inactive or closed.
With increasing business activities, the count of new companies is on the rise with as many as 1.5 lakh firms getting registered in one-and-a-half years, according to data available with the corporate affairs ministry.
However, many of the registered companies have either been shut down, dormant or in the process of getting liquidated.

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