New Company Registrations Up 26%, LLPs 38% Amid Growth Optimism

Company registrations in India rose 26% in October year on year (YoY), while limited liability partnership (LLP) incorporations increased 38%, supported by GST rate cuts and positive business sentiment, according to the data from the Ministry of Corporate Affairs (MCA).

Officials attributed the rise to optimism following the September GST reductions and expectations of steady medium-term economic growth. The increase also reflects a favourable base effect and sustained investor confidence in India’s business environment. Authorities expect the trend to continue in the coming months, driven by stable consumption prospects and a policy framework that supports new business formation across sectors.

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