GOVERNMENT RELAXES LICENSING RULES FOR MANUFACTURERS
Sept. 16, 2019
As part of its effort to remove the licence raj and ensure ease of doing business, Government has relaxed licensing rules for manufacturers.
About:
The commerce Ministry said that no compulsory licence would be required for manufacturers of goods, barring four segments namely:
Cigars and Cigarettes of tobacco and manufactured tobacco substitutes
Electronic aerospace and defence equipment
Industrial Explosives
Hazardous chemicals
Also, no industrial/arms licence is required for the manufacturer of any parts or accessories in the defence sector, unless specifically listed for procuring licences.
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