IT, trade lead surge in new company registrations; AI tag gains ground
Mint·1h ago·Neutral
What Happened
India registered over 247,500 companies in FY26, up 31% from previous year. IT and wholesale-retail trade businesses led new registrations. AI-branded companies increased to 120 per 10,000 registrations by March 2026, from 84 earlier. AI adoption spans healthcare, education, consultancy sectors. Most new firms remain small with average paid-up capital around ₹6 lakh. India now has over 2 million active companies.
Key Entities
Ministry of Corporate AffairsIndiaIT sectorArtificial IntelligenceWholesale and retail tradeFY26247,500 companiesAmit MaheshwariAKM Global