New businesses registered (number) in India
India: New businesses registered (number) was 173,712 number in 2024. ▲ Rising
New businesses registered in India, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
India recorded 173,712 number for new businesses registered in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 148.7% over ten years.
Over the whole period, new businesses registered in India peaked at 173,712 number in 2024 and was at its lowest, 49,721 number, in 2006.
That places India 9th out of 177 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
New businesses registered (number) in India, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 49,721 number | — |
| 2007 | 62,919 number | +26.5% |
| 2008 | 70,303 number | +11.7% |
| 2009 | 60,813 number | -13.5% |
| 2010 | 86,645 number | +42.5% |
| 2011 | 97,405 number | +12.4% |
| 2012 | 103,078 number | +5.8% |
| 2013 | 91,841 number | -10.9% |
| 2014 | 69,841 number | -24.0% |
| 2015 | 80,546 number | +15.3% |
| 2016 | 93,714 number | +16.3% |
| 2017 | 107,492 number | +14.7% |
| 2018 | 117,834 number | +9.6% |
| 2019 | 128,565 number | +9.1% |
| 2020 | 142,000 number | +10.4% |
| 2021 | 167,606 number | +18.0% |
| 2022 | 173,114 number | +3.3% |
| 2023 | 165,120 number | -4.6% |
| 2024 | 173,712 number | +5.2% |
India compared with similar countries
- India's 173,712 number is above the median for lower middle income countries, which is 5,646 number, 30.8× the median. (42 countries reporting)
- India's 173,712 number is above the median for South Asia, which is 12,406 number, 14.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60,939 number | 49,721 number | 70,303 number | 4 |
| 2010s | 97,696 number | 69,841 number | 128,565 number | 10 |
| 2020s | 164,310 number | 142,000 number | 173,712 number | 5 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.0% (2025)
- Manufactures imports 49.6% (2025)
- Merchandise imports 753.48 billion current US$ (2025)
- Commercial service imports 201.38 billion current US$ (2025)
- Food exports 11.9% (2025)
- Manufactures exports 70.1% (2025)
- Merchandise exports 445.28 billion current US$ (2025)
- Commercial service exports 411.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
Frequently asked questions
- What is new businesses registered in India?
- New businesses registered in India was 173,712 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in India?
- The highest recorded value was 173,712 number in 2024.
- What is the lowest new businesses registered recorded in India?
- The lowest recorded value was 49,721 number in 2006.
- How does India rank for new businesses registered?
- India ranks 9th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in India?
- Over the last ten years it is up 148.7%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.