Companies Incorporated in 1938

357 companies were incorporated in 1938. 88 years on, this cohort represents an established tier of the Indian corporate register. 106 of those companies (30%) are currently marked as active on MCA records. The remaining 251 have since been struck off, dissolved, amalgamated, or placed in other non-active states — a natural attrition pattern visible across every annual cohort on the MCA register. The 1938 cohort was most heavily weighted toward Community, personal and Social Services, Trading, Trading — these were the NIC industry codes that captured the largest share of new incorporations that year. Geographically, Maharashtra, West Bengal, Tamil Nadu contributed the highest number of incorporations in 1938, reflecting the concentration of India's corporate formation activity in its major commercial states.