Share of zombie firms in India doubled between FY12 & FY22
Dun & Bradstreet’s analysis finds that zombie firms have increased in India over the past decade. The share of zombie firms (as a percentage of listed companies) doubled between FY12 and FY22, from 4.9% to 9.8%. Zombie firms are those that do not generate sufficient profits to cover their debt servicing costs over an extended period.
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