A Study on Growth of Indian Corporate Sectors - A Paradigm Shift to Entrepreneurial Development in India

Abstract

This study mainly investigates that total number of companies registered and active companies in top ten
states and Union territories wise, share capital Range wise, economic activity wise, one person
company(OPCs) wise and foreign companies wise as on 30.06.2018 in India. The research study is
explorative in nature and will be based on in-depth analysis of data and statistics, composed in the various
secondary data. This research used descriptive statistical tools such as percentage analysis, tables, and charts
are used for analysis and interpretation of data.
The results of research study indicated that total number of companies registered and active companies 17,
79,761 and 11, 89,826. Out of them 71,506 were public, 11,10,371 were private including 18,153 one person
companies. Maximum of registered and active companies are in Maharashtra, Delhi and west Bengal.
Highest of active companies are in services sectors (65%) and industry sectors (31%). Total numbers of one
person companies (OPC) 18,153 were recorded in India with share capital of Rs.461.06 Crores. In case of
foreign companies totally registered 4,678 out of this 3,379 out of which 3,379 companies are functioning as
on 30.06.2108.This study finally suggested that government of India, State/ Union governments, policy
makers and other regulators agencies should improve existing and create new infrastructure in easy doing
business indicators for Indian and foreign investors on regulation for starting a business like land
acquisition, dealing with various laws permits, getting electricity and manpower, registering property,
getting loans, subsidies, interest free loans and advance, protecting investors investments, improving
various direct and indirect tax management system.