New company registrations fall 4.1% in August
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With this, company registrations fell year-on-year in four out of the first five months of the current fiscal year.
An unfavourable base to compare with, after registrations surged to record levels in 2023-14, has played a part in the decline this fiscal year, although the country's medium-to-long term economic growth prospects remain strong, experts said.
As many as 14,696 companies, including foreign firms, were registered in India in August, the lowest so far this fiscal year and compared with 15,320 a year earlier, as per the data. It was also the second straight month when registrations dropped below the 15,000-mark. A total of 77,021 companies were registered in the first five months of fiscal 2025, down nearly 3% from a year earlier.
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