New businesses registered in India

India: New businesses registered was 173,712 number in 2024. ▲ Rising

Latest (2024)
173,712 number
Change on year
up 5.2%
World rank
9th
of 176 countries
All-time high
173,712 number
in 2024
All-time low
49,721 number
in 2006
Years of data
19
2006–2024

New businesses registered in India, 2006–2024

50.0k75.0k100.0k125.0k150.0k175.0k2006201520242006: 49.7k number2007: 62.9k number2008: 70.3k number2009: 60.8k number2010: 86.6k number2011: 97.4k number2012: 103.1k number2013: 91.8k number2014: 69.8k number2015: 80.5k number2016: 93.7k number2017: 107.5k number2018: 117.8k number2019: 128.6k number2020: 142.0k number2021: 167.6k number2022: 173.1k number2023: 165.1k number2024: 173.7k number

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 176 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 6 France 286,548 number compare
  2. 7 Russia 214,957 number compare
  3. 8 Indonesia 182,200 number compare
  4. 10 Hong Kong 145,053 number compare
  5. 11 Saudi Arabia 141,067 number compare
  6. 12 Nigeria 136,961 number compare

See the full ranking of 176 places →

More private sector data for India

All data for India →

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 176 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

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.