India Inc.

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India Inc. is a common term used by the Indian media to refer to corporate sector of the nation.

The Companies Act 1956 allows a variety of formations in the mixed economy of India.. The Ministry of Company Affairs estimates that as of 31 October 2005, there were 712,800 companies registered in India (excluding foreign companies) as detailed below:

Category Non-government Government Total
Private companies limited by shares 628,957 612 629,569
Public companies limited by shares 78,473 724 79,197
Companies limited by guarantee 3,530 7 3,537
Companies with unlimited liability 497

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