The initial validity of Industrial License for Defence Sector, as per Press Note 5 (2014 series) and Press Note 9 (2014 series), is presently three years, extendable upto seven years.

 In partial modification of the above mentioned Press Notes, the initial validity of Industrial License for Defence Sector is being revised to seven years, further extendable uptothree years for existing as well as future Licenses. This is being done as a measure to further promote ease of doing business, in view of the long gestation period of Defence Contracts to mature.

Initial validity of industrial defence licences revised to longer term with further extension to support contract gestation. Revision modifies the duration framework for defence-sector industrial licences by extending the initial validity period and permitting an additional extension for both existing and future licences, aligning licence tenure with the long gestation of defence contracts and promoting ease of doing business.