Over 167,000 businesses set up in FY22, the highest in 3 years2 min read . Updated: 19 Apr 2022, 06:18 AM IST
The industrial sector, comprising manufacturing and electricity, gas and water firms, set up more than 47,800 companies in FY22
The number of businesses set up in the year ended 31 March rose to the highest in three years, led by the services sector, ministry of corporate affairs data showed, signalling a steady rise in entrepreneurial activity despite the disruptions caused by the pandemic.
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