Big biz exodus: 36,211 cos shut down in Maharahtra in 5 years; Mumbai accounts for 12k+
TNN / Aug 11, 2026, 23:26 (IST)
In Maharashtra, more than 36,000 private companies have been liquidated over the last five years, with Mumbai at the forefront of these closures, followed closely by Pune and Thane. The business services sector has seen the highest rate of liquidations. This trend has drawn criticism from opposition leaders, who accuse the state government of failing to address employment and business growth, resulting in significant job losses, particularly impacting young individuals.