As of January 31, 2026, India has recognized 2,12,283 startups, of which 6,789 are officially categorized as closed. The IT services sector saw the highest number of closures (875), followed by healthcare, education, food and beverages, and agriculture.
In separate parliamentary replies, the minister reported that smartphone exports reached USD 2.56 billion in January 2025, with Maharashtra contributing USD 594 million to the April-December 2025 total of USD 21.37 billion.
Additionally, the government has notified 142 Quality Control Orders covering 721 products to ensure quality and safety, with ongoing reviews to minimize disruption to industry and supply chains.
Main Topics: Startup closures in India, smartphone export figures, implementation of Quality Control Orders.