India Inc. is a common term used by the Indian media to refer to the formal (comprising government and corporate) sector of the nation. It employed 7 percent of the workforce in 2000[1] and contributed 60 per cent of the nominal GDP of the nation. The informal sector consists of 44 million non-farm enterprises, as per a recent labour survey.The Companies Act 2013 allows a variety of formations in India's mixed economy. The Ministry of Company Affairs estimates that as of 31 October 2005, there were
Category | Non-government | Government | Total | |
Private companies limited by shares | 628,957 | 612 | 629,569 | |
Public companies limited by shares | 78,473 | 724 | 79,197 | |
Companies limited by guarantee | 3,530 | 7 | 3,537 | |
Companies with unlimited liability | 497 |
There were 17,49,359 companies as on 31.03.2018. Out of those 3,47,857 were headquartered in Maharashtra, 3,17,998 were headquartered in Delhi, 1,96,724 were headquartered in West Bengal, 1,34,615 were headquartered in Tamil Nadu and 1,04,847 were headquartered in Karnataka. The number of active companies out of those total of 17,49,359 companies was 11,67,858
According to http://www.mca.gov.in/Ministry/pdf/AnnualReport4Workability_19022019.pdf Annual report as of 31.03.2018, a total of 11,67,858 active companies were on the Register (consisting of 10,88,657 private limited companies and 71,288 public limited companies). Out of the above, a large number of companies were engaged in Business Services(3.56 Lakh) followed by Manufacturing (2.33 Lakh), Trading (1.52 Lakh) and Construction Trading (1.05 Lakh) sectors.