The report said the registration of new companies in the manufacturing sector rose nearly 45 percent from 23,014 in 2019-20 to 33,483 in 2020-21.
The number of new companies incorporated under the companies law rose 26 percent to over 1.55 lakh in 2020-21 as compared to the previous year, according to a report.In the report, Rubix Data Sciences on Wednesday said the last financial year started with a record-low registration of 3,209 companies in April 2020 and ended at a record high in March 2021 when the count stood at 17,324 companies.”1,55,377 new companies were registered in India during FY2020-21 compared with 1,22,721 in FY2019-20, recording a 26 …
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