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Industrial licensing in India is regulated under the Industries Development Regulation Act of 1951. A license provides permission from the government to manufacture specific articles and includes details like location, capacity, and validity period. Licensing aims to encourage small industries, new entrepreneurs, and balanced regional development. Some industries like alcohol, tobacco, explosives, and hazardous chemicals require compulsory licensing. Firms can apply for a license through an online applicati

Author

rohitbatra

Language

EN