According to a survey conducted in March 2023, 55 percent of small businesses in India had a business tenure of one to five years. Only ten percent of the questioned Indian companies have been in business for less than a year.
Business tenure of small businesses in India as of March 2023, by length
Characteristic
Share of small businesses
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GoDaddy. (May 28, 2023). Business tenure of small businesses in India as of March 2023, by length [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/
GoDaddy. "Business tenure of small businesses in India as of March 2023, by length." Chart. May 28, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/
GoDaddy. (2023). Business tenure of small businesses in India as of March 2023, by length. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/
GoDaddy. "Business Tenure of Small Businesses in India as of March 2023, by Length." Statista, Statista Inc., 28 May 2023, https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/
GoDaddy, Business tenure of small businesses in India as of March 2023, by length Statista, https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/ (last visited July 22, 2024)
Business tenure of small businesses in India as of March 2023, by length [Graph], GoDaddy, May 28, 2023. [Online]. Available: https://www.statista.com/statistics/1411418/india-business-tenure-by-share-of-small-businesses-by-length/