Streamlining the Procedure for Grant of Industrial Licenses

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....treamlining the Procedure for Grant of Industrial Licenses <br>News and Press Release<br>Dated:- 29-4-2015<br><BR>The initial validity of Industrial License for Defence Sector, as per Press Note 5 (20....

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....14 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 Licen....

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....se 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 busi....

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....ness, in view of the long gestation period of Defence Contracts to mature.<BR> News - Press release - PIB....