New Delhi, April 18 -- The number of active companies in India increased by over 1,62,800 in FY25, led by the industrial and services sectors, data from the ministry of corporate affairs showed.

While new business registrations shot up mainly due to the services sector, which accounted for about two-thirds of all new business registrations in the April to February period of FY25, it was the industrial sector, representing businesses like manufacturing, textiles, mining and quarrying, and metals and chemicals, that did the heavy lifting in attracting more investments. However, they made up only about a fourth of all new business registrations, data from the ministry showed.

While the number of companies formed in FY25 is available, the b...