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 statesandUnionterritorieswise,sharecapitalRangewise,economicactivitywise,oneperson 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.