# Over 36,000 private firms shut in Maharashtra; minister wants probe

2026-08-10T14:04:15+00:00 | Governance | Indian Opinion Desk

Corroboration: 2 independent outlets

Industries minister Uday Samant said the state government had no information about the reported closure of over 36,000 private companies in Maharashtra, and would investigate the data provided by the Centre. The companies were liquidated, dissolved or struck off in the last five financial years, the ministry of corporate affairs told the Lok Sabha in a written reply. Mumbai recorded the highest number of closures at 12,181, followed by Pune (6,433) and Thane (4,704). Business services (14,613) and manufacturing (6,582) were the worst-hit sectors. The data was sought by Shiv Sena (UBT) MP Rajabhau Waze. Opposition leaders Aaditya Thackeray and Rohit Pawar blamed the state government for the closures. Industry experts cited macroeconomic stress, rising costs, and aggressive regulatory action by state authorities as reasons. Over two lakh private companies closed across India in the same period, with Maharashtra accounting for the most.

## Coverage

- deccanherald.com <https://www.deccanherald.com/business/more-than-36211-private-companies-shut-in-maharashtra-including-12181-in-mumbai-in-last-five-years-4105908>
- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/city/mumbai/dont-have-any-info-on-over-36000-companies-shutting-down-in-maharashtra-in-5-years-says-industries-minister/articleshow/133188073.cms>

Tags: company closures, economy, employment, Maharashtra, Ministry of Corporate Affairs, Mumbai
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