India Inc. is a common term used by the Indian media to refer to the formal (comprising government and corporate) sector of the nation.
It employed 7 percent of the workforce in 2000[1] and contributed 60 per cent of the nominal GDP of the nation.
The informal sector consists of 44 million non-farm enterprises, as per a recent labour survey.
The Companies Act 2013 allows a variety of formations in India's mixed economy.
This article related or pertaining to the economy of India is a stub.