<h1>Indian Corporate Sector Grows by 184,361 Companies from 2014 to 2016; Impact on Employment Yet to Be Assessed.</h1> The Indian corporate sector has experienced significant growth, with the number of active companies rising from 952,433 in 2014 to 1,136,794 by November 2016. The impact of this growth on employment has not been evaluated. The Ministry of Corporate Affairs has implemented measures to enhance corporate growth and ease of doing business, such as eliminating the minimum paid-up capital requirement, making the common seal optional, establishing a Central Registration Centre, introducing electronic incorporation processes, and offering exemptions under the Companies Act, 2013. These initiatives aim to streamline company formation and support startups.