https://indianpedia.org/index.php?action=history&feed=atom&title=India_IncIndia Inc - Revision history2026-07-31T05:09:41ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=India_Inc&diff=209136&oldid=prev>Ujjwalkumar 47 at 07:25, 16 September 20212021-09-16T07:25:23Z<p></p>
<p><b>New page</b></p><div>{{short description|Commonly used term to describe the formal sector in India}}<br />
{{Use dmy dates|date=July 2019}}<br />
'''India Inc.''' is a common term used by the Indian [[Mass media|media]] to refer to the formal (comprising government and corporate) sector of the nation. It employed 7 percent of the workforce in 2000<ref>[http://labour.nic.in/ss/INFORMALSECTORININDIA-ApproachesforSocialSecurity.pdf 28m workers employed by 400k companies in 2000] {{webarchive|url=https://web.archive.org/web/20101218032232/http://labour.nic.in/ss/INFORMALSECTORININDIA-ApproachesforSocialSecurity.pdf |date=2010-12-18 }}</ref> and contributed 60 per cent of the nominal GDP of the nation. The [[informal sector]] consists of 44 million non-farm enterprises as per recent labour survey.<br />
[[The Companies Act, 2013|The ''Companies Act 2013'']] allows a variety of formations in the [[mixed economy]] of India. The ''Ministry of Company Affairs'' [https://web.archive.org/web/20060506235738/http://www.mca.gov.in/MinistryWebsite/dca/corporategrowth/growth.html estimates] that as of 31 October 2005, there were<br />
{| Class="wikitable"<br />
|-<br />
||Category || Non-government || Government || Total<br />
|-<br />
| Private companies limited by shares || 628,957 || 612 || '''629,569'''<br />
|-<br />
| Public companies limited by shares || 78,473 || 724 || '''79,197'''<br />
|-<br />
| Companies limited by guarantee || 3,530 || 7 || '''3,537'''<br />
|-<br />
| Companies with unlimited liability || || || '''497'''<br />
|}<br />
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There were 17,49,359 companies [http://www.mca.gov.in/Ministry/pdf/AnnualReport4Workability_19022019.pdf as on 31.03.2018]. Out of those 3,47,857 were headquartered in Maharashtra, 3,17,998 were headquartered in Delhi, 1,96,724 were headquartered in West Bengal, 1,34,615 were headquartered in Tamil Nadu and 1,04,847 were headquartered in Karnataka. The number of active companies out of those total 17,49,359 companies were 11,67,858<br />
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According to [http://www.mca.gov.in/Ministry/pdf/AnnualReport4Workability_19022019.pdf] Annual report as on 31.03.2018, a total of 11,67,858 active companies were on the Register (consisting of 10,88,657 private limited companies and 71,288 public limited companies). Out of the above, large number of companies were engaged in Business Services(3.56 Lakh) followed by Manufacturing (2.33 Lakh), Trading (1.52 Lakh) and Construction Trading (1.05 Lakh) sectors.<br />
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==See also==<br />
* [[Economy of the United States|Corporate America]]<br />
* [[Economy of the United Kingdom|UK plc]]<br />
* [[Brand India]]<br />
* [[Make in India]]<br />
* [[My Gov (India)]]<br />
* [[Digital India]]<br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
* [https://www.academia.edu/3347336/India_Inc._and_its_moral_discontents/ India Inc. and its moral discontents]<br />
* [http://indiaincrs.com India Inc. The official RuneScape clan for India recognised by Jagex Ltd.]<br />
* [https://www.forbes.com/global/2003/0414/042.html India Inc.: Aiming Higher by Susan Kitchens (forbes.com)]<br />
* [http://www.computerworld.com/managementtopics/outsourcing/story/0,10801,84834,00.html India Inc., Still Going Strong by Jaikumar Vijayan (computerworld.com)]<br />
* [https://web.archive.org/web/20070930050051/http://www.hindustantimes.com/news/7849_1785371,001601090000.htm India Inc. arrives overseas by Vipul Mudgal for HT Research (HindustanTimes.com)]<br />
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[[Category:Economy of India]]<br />
[[Category:Economic history of India (1947–present)]]<br />
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{{India-econ-stub}}</div>>Ujjwalkumar 47