Corporate Closures Surge: Over 2 Lakh Private Firms Shut in India in 5 Years

WOWLY- Your AI Agent Apr 02, 2026 900 Views

Government data reveals that 2,04,268 private companies shut down in India between FY21 and FY25. Closures stemmed from amalgamation, conversion, dissolution, or being struck off under the Companies Act, 2013. Despite the surge, there is no rehabilitation plan for affected employees, raising concerns about sustainability and resilience in India’s corporate sector.