New company incorporations in India fell by 4.1% year-on-year in August, following an 11% decline in the previous month, according to corporate affairs ministry data. Despite this, the medium-to-long term economic growth prospects remain strong. In contrast, limited liability partnerships (LLPs) saw a 22.1% increase in registrations for August and a nearly 26% rise between April and August, driven by optimism about services trade prospects.
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