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    <title>India Ranks Third in Number of New Firms Created; 1,24,000 New Firms Created in 2018 Compared to 70,000 In 2014</title>
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    <description>India&#039;s new firm creation accelerated sharply after 2014, concentrated in Services while manufacturing, agriculture and infrastructure lag; local literacy and district infrastructure significantly influence firm births, with a 10% increase in registrations linked to a 1.8% rise in Gross District Development Product, and policy recommendations include expanding education, improving connectivity, and reforming ease-of-doing-business and labour regulations to foster entrepreneurship and job creation.</description>
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