Companies Incorporated in 2003

27,908 companies were incorporated in 2003. 23 years on, this cohort represents an established tier of the Indian corporate register. 12,421 of those companies (45%) are currently marked as active on MCA records. The remaining 15,487 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 2003 cohort was most heavily weighted toward Trading, Business Services, Construction — these were the NIC industry codes that captured the largest share of new incorporations that year. Geographically, Maharashtra, Delhi, Tamil Nadu contributed the highest number of incorporations in 2003, reflecting the concentration of India's corporate formation activity in its major commercial states.