# 76% of closed firms defunct, Maharashtra leads active firms: Fadnavis 2026-08-16T01:57:33+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Chief Minister Devendra Fadnavis said 76% of the 36,211 companies alleged closed in Maharashtra over five years were defunct or never operated. Of the rest, 12% opted for mergers and 2% were dissolved. He said Maharashtra has 396,000 active registered companies, the highest in India, with 45,525 new registrations in the last year. Fadnavis released the figures on social media after NCP (SP) chief Sharad Pawar highlighted the closures from parliamentary data. Pawar said the state's industrial legacy must be protected and cited 20 companies leaving Chakan due to bad roads and traffic. Opposition leaders Aaditya Thackeray and state Congress chief Harshvardhan Sakpal accused the government of administrative failure. Fadnavis said industries minister Uday Samant had been directed to address Chakan's issues. A task force under Pune collector will prepare an integrated road and traffic plan. An industry grievance redressal cell has also been set up. ## Coverage - hindustantimes.com This story was synthesised by AI from the source linked above. Tags: Aaditya Thackeray, Devendra Fadnavis, Maharashtra, Sharad Pawar Canonical: https://indianopinion.org/76-of-closed-firms-defunct-maharashtra-leads-active-firms-fadnavis/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/76-of-closed-firms-defunct-maharashtra-leads-active-firms-fadnavis/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/