India sees 12% surge in company registrations, 73% jump in LLPs in June

Company registrations in India showed a notable rebound in June, marking a 12% increase compared to the previous year, according to data from the corporate affairs ministry. Limited liability partnerships (LLPs) also surged by 73% year-on-year in June, contributing to the overall growth in business formations. Experts attribute this resurgence to a positive economic outlook, relaxed investment rules, and government initiatives aimed at improving ease of doing business. The robust growth reflects confidence in India's growth potential and economic resilience post-pandemic, despite initial moderation earlier in the fiscal year.