STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES

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....icense to be issued In supersession of all earlier Press Notes, the period of validity of Industrial License is being extended from three years to fifteen years for all kind of Licenses henceforth to be granted under IDR Act in line with the validity of Licenses being issued for Defence items as a measure for ease of doing business. An extension of three years may be granted by concerned Administ....

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....nse the condition and status of the firm should be same as mentioned in the Industrial License issued to the firm. Thus, any amendment, viz. change in the name of the company, change in Board of Director, 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 the....

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....spension or cancellation of license in the intervening period shall not be considered for extension. vi. Extension of validity of existing license would be allowed on receipt of application from license holder within 15 years period from issuance of Press Note 5 (2014 series) i.e. 2nd July 2014. vii. Extension of validity of new licenses, to be issued as per this Press Note, would be allowed f....