I'm from southern India too, likely even from the same state Abhishek_Muthian is from, and this meaning of corporation didn't occur even to me when reading thei

I'm from southern India too, likely even from the same state Abhishek_Muthian is from, and this meaning of corporation didn't occur even to me when reading their comment. I was wondering if they meant the village had become a company town or something. Thank you for the clarification.