Mumbai, the capital of the state of Maharashtra has the glory of being the financial capital of the country. Maharashtra is also one of the busiest business hubs in India. However, on the flip side, it boasts of having the highest number of dormant firms. Three states and one Union Territory: Maharashtra, Andhra Pradesh, Tamil Nadu and Delhi together account for almost 70% of the registered companies suspected to be dormant or defunct in the country. Maharashtra leads the way with over 35,000 firms which are completely non-operational.


Data source: Business Standard

Data source: Business Standard and equitymaster