Home » Corporate » More than 7 lakh companies incorporated after announcement of Make in India programme

More than 7 lakh companies incorporated after announcement of Make in India programme

‘Make in India’, is an initiative launched on 25th September 2014, a major national programme of the Government of India designed to facilitate investment, foster innovation, build best in class infrastructure, and make India a hub for manufacturing, design, and innovation. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today.

The Minister further stated that the number of companies incorporated after the announcement of ‘Make in India’ programme are as under: –

Period No. of companies incorporated
25.09.2014 to 31.03.2021 7,30,013
01.04.2021 to 01.12.2021 1,12,697

Giving more details, the Minister stated that there are 6,69,819 number of Companies having Active status out of the 7,30,013 new companies incorporated during the period 25.09.2014 to 31.03.2021 and 1,12,207 companies are having Active status out of the 1,12,697 new companies incorporated during the period 01.04.2021 to 01.12.2021.

The Minister stated that development of a robust manufacturing sector continues to be a key priority of the Government. It was one of the unique ‘Vocal for Local’ initiatives that promoted India’s manufacturing domain to the world. ‘Make in India’ recognizes ‘ease of doing business’ as the single most important factor to promote entrepreneurship, the Minister added.

 

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Production of coal

Most of the demand of coal in the country is met through indigenous production/supply. The ...

DPIIT promotes green logistics industry balancing economic growth and environment

The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. ...

Government provides incentives to small tea growers

The Tea Development & Promotion Scheme for the period 2023-24 to 2025-26 inter alia includes ...

EXPORT OF SEA FOOD

The current status of the export of seafood from the country is given below:-   ...

INDIA’S REAL GDP PROJECTED TO GROW BETWEEN 6.5–7 PER CENT IN 2024-25

India’s real GDP is projected to grow between 6.5–7 per cent in 2024-25. The Indian ...

INDIAN ECONOMY NEEDS TO GENERATE NEARLY 78.5 LAKH JOBS ANNUALLY IN THE NON-FARM SECTOR UNTIL 2030 TO CATER TO THE RISING WORKFORCE

With the global labour market amidst a ‘disruption,’ and constantly being reshaped by the fourth ...

Air Pollution caused by Stubble Burning

The Ministry of Environment, Forests and Climate Change has identified Crop Residue Management as one ...

IICA and HP India launch HP Future Impact Leaders – IICA Certified Environmental-Social-Governance (ESG) Professional Programme

The Indian Institute of Corporate Affairs (IICA), an autonomous institute under the Ministry of Corporate ...

CCI approves 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited

The Competition Commission of India (CCI) has approved 100% acquisition of Lanco Amarkantak Power Limited ...

Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’

The Ministry of Corporate Affairs has revised the existing threshold value of assets and turnover ...

WP2Social Auto Publish Powered By : XYZScripts.com