India · May 2026
Company Formation Index
See where new businesses are starting across India — and where the jobs will follow. Tens of thousands of companies register every month, and the industries and states they pick show where the economy is growing. Here's the last 5 months (Jan–May), with a closer look at May 2026.
New companies, month by month
How many companies registered each month since January 2026. The total stays fairly steady — the real changes are happening industry by industry.
Top industries
The industries new companies are starting in. Tech, trade and professional services lead.
- 1IT & software2,979
- 2Wholesale trade2,203
- 3Retail trade1,358
- 4Real estate984
- 5Social services934
- 6Education930
- 7Specialised construction669
- 8Management consulting574
- 9Healthcare552
- 10Power, energy & EV534
- 11Food processing515
- 12Staffing & recruitment409
- 13Building construction402
- 14Warehousing & logistics390
Which industries are growing
Each line shows an industry month by month (Jan–May). The number is how much it has grown or shrunk since Jan.
- IT & software+4%
- Wholesale trade-2%
- Retail trade-8%
- Real estate-9%
- Social services-5%
- Education-15%
Top states
The states starting the most new companies. Maharashtra, Uttar Pradesh and Delhi lead.
- 1Maharashtra3,515
- 2Uttar Pradesh2,638
- 3Delhi1,963
- 4Telangana1,650
- 5Karnataka1,586
- 6Tamil Nadu1,412
- 7Gujarat1,325
- 8Haryana1,248
- 9Rajasthan929
- 10West Bengal872
- 11Bihar744
- 12Kerala715
- 13Madhya Pradesh646
- 14Andhra Pradesh530
Where the jobs are heading
The biggest industries, and the states where they're growing fastest. New companies become tomorrow's employers — so this hints at where the jobs will be.
IT & software
2,979 new- Maharashtra451
- Telangana421
- Karnataka384
- Uttar Pradesh308
Wholesale trade
2,203 new- Maharashtra367
- Uttar Pradesh269
- Delhi225
- Gujarat170
Retail trade
1,358 new- Maharashtra192
- Delhi185
- Uttar Pradesh171
- Haryana89
Real estate
984 new- Uttar Pradesh212
- Maharashtra110
- Haryana81
- Delhi79
Social services
934 new- Maharashtra223
- Uttar Pradesh134
- Delhi75
- West Bengal66
Education
930 new- Maharashtra142
- Uttar Pradesh108
- Delhi93
- Karnataka85
Good to know
- This uses 5 months of data (Jan–May). The "top" lists show the latest month (May 2026); the trend lines cover all 5.
- It only shows totals — by industry and by state. It never shows individual companies.
- New companies are a sign of future hiring and demand — not jobs you can apply to today.
- Data from India's Ministry of Corporate Affairs (MCA). State totals group each state's registration offices together.
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