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        News and Press Release

        Streamlining the Procedure for Grant of Industrial Licences

        September 22, 2015

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        The initial validity of Industrial License for Defence sector, as per Press Note 5 (2015 series), is presently seven years, further extendable upto 10 years.

         In partial modification of the above mentioned Press Note, the initial validity of Industrial License for Defence Sector is being revised to 15 years, further extendable upto 18 years for existing as well as future Licenses. However, in case a license has already expired, the Licensee has to apply afresh for issue of license. 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.

        Industrial licence validity for defence sector extended to streamline licensing and support long term defence contracts. The amendment revises the initial validity of the Industrial Licence for the defence sector by extending the initial term and the further extendable term for both existing and future licences, while requiring a fresh application where a licence has already expired; the change is intended to address long gestation periods of defence contracts and to promote ease of doing business.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Industrial licence validity for defence sector extended to streamline licensing and support long term defence contracts.

                                The amendment revises the initial validity of the Industrial Licence for the defence sector by extending the initial term and the further extendable term for both existing and future licences, while requiring a fresh application where a licence has already expired; the change is intended to address long gestation periods of defence contracts and to promote ease of doing business.


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