Companies Incorporated in 1997

36,834 companies were incorporated in 1997. 29 years on, this cohort represents an established tier of the Indian corporate register. 13,500 of those companies (37%) are currently marked as active on MCA records. The remaining 23,334 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 1997 cohort was most heavily weighted toward Community, personal and Social Services, Finance, Trading — these were the NIC industry codes that captured the largest share of new incorporations that year. Geographically, Maharashtra, Delhi, West Bengal contributed the highest number of incorporations in 1997, reflecting the concentration of India's corporate formation activity in its major commercial states.