STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES

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....creasing the initial validity period of Industrial License      In supersession of all earlier Press Notes, the period of validity of Industrial License is being extended from two years to three years as a measure for ease of doing business. II.  Extension in validity of Industrial License The revised guidelines are as follows: GUIDELINES FOR EXTENSION OF VA....

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....e issued to the firm. Thus any amendment, viz. change in the name of the company, increases/changes in license capacity, alteration or change in the premises, part shifting etc. should have been endorsed in the License. (iii)   Applicant's request should be forwarded to Ministry of Home Affairs* and concerned State Government and after seeking comments of these agencies, case shou....

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....ould be allowed for a period of two years. Any Industrial License, wherein commercial production has not started within a period of five years of issue of license, will be treated as automatically lapsed. (vii)   The applicants fulfilling the above guidelines may be granted extension of Industrial License with the approval of concerned Joint Secretary of the Administrative Ministry wi....