5. EASY INDUSTRIAL LICENSING POLICY:
Under the Industries (Development & Regulation) Act, 1951, industrial license is needed only for items:
Falling under the list of compulsory licensing. Reserved for small-scale sector. If location attracts restriction.
All industries exempt from industrial licensing required to file an Industrial Entrepreneur Memorandum.
No approval is required; Only notification need.
Industries retained under compulsory licensing under the Industrial (D&R) Act, 1951:
Distillation and brewing of alcoholic drinks.
Cigars and cigarettes of tobacco and manufactured tobacco substitutes.
Electronic aerospace and defence equipment.
Industrial explosives; Hazardous chemicals.