New businesses registered — all countries

New businesses registered — India

New businesses registered in India in 2024 — 173,712 companies. Ranked 9 in the world out of 134. Since 2006, the indicator has risen by 249.4%.

2024 173,712 companies +5.2% vs 2023
World rank 9of 134
Period maximum 173,712 companies2024
Period minimum 49,721 companies2006

Trend over time

2006–2024 · companies

New businesses registered — India, 2006–2024050,000100,000150,000200,00020062008201020122014201620182020202220242006: 49,721 companies2007: 62,919 companies2008: 70,303 companies2009: 60,813 companies2010: 86,645 companies2011: 97,405 companies2012: 103,078 companies2013: 91,841 companies2014: 69,841 companies2015: 80,546 companies2016: 93,714 companies2017: 107,492 companies2018: 117,834 companies2019: 128,565 companies2020: 142,000 companies2021: 167,606 companies2022: 173,114 companies2023: 165,120 companies2024: 173,712 companies
Change over the period: +123,991 (+249.37%) Average annual rate: 7.2 %
New businesses registered — India, by year India All countries CSV XLSX
Year companies Change Change, %
2024 173,712 +8,592 +5.2%
2023 165,120 −7,994 −4.62%
2022 173,114 +5,508 +3.29%
2021 167,606 +25,606 +18.03%
2020 142,000 +13,435 +10.45%
2019 128,565 +10,731 +9.11%
2018 117,834 +10,342 +9.62%
2017 107,492 +13,778 +14.7%
2016 93,714 +13,168 +16.35%
2015 80,546 +10,705 +15.33%
2014 69,841 −22,000 −23.95%
2013 91,841 −11,237 −10.9%
2012 103,078 +5,673 +5.82%
2011 97,405 +10,760 +12.42%
2010 86,645 +25,832 +42.48%
2009 60,813 −9,490 −13.5%
2008 70,303 +7,384 +11.74%
2007 62,919 +13,198 +26.54%
2006 49,721

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Source: World Development Indicators (World Bank), license CC BY 4.0.