Appendices

Appendix-!

GoYemmenr of India Ministry of Commerce and Industry Department of Industrial Policy and Development

Statement of Industrial Policy July 23 1980-Key Provisions

l11c lndu\lnal l'ohc\ Statement of Jul) i9KO.

which 1s ba~ as the lndustnal Policy Rc~olution

of 1956. spell:~. out the follo"mg socio-economic

objectives:

( i) Optimum utilisation of installed capacity;

(ii) Mnimum production and ach;eving

higher producti\ity;

(iii) Higher employment generation;

(iv) Correction of regional imbalances;

( v) Strengthening of the agricultural base

through agrobased industries and

promotion of optimum inter-sectoral

relationship; ·

(vi) Promotion of export-oriented industries;

(vii) Promotion of economic federalism

through equitable spread of investment

and dispersal of returns; and

(viii) Consumer protection against high prices

and bad quality

Noting the erosion in people's faith in the public

sector. it was decided to launch a drive to revive

the efficiency of public sector undertakings through

a time bound programme of corrective action on a

unit by unit basis. Effective steps would also be

taken to develop the management cadres of public

sector undertakings in functional fields such as

operations, finance. marketing and information

system.

In order to eliminate the artificial distinction of

conflicting interests between small and large scale

industry. the concept of economic federalism would

be promoted through the setting up of a few nucleus

plants in identified indu~trially backward districts.

The nucleus plant would concentrate on

assembling the products of the ancillary units falling

within its orbit, on producing inputs needed by a

large number of smaller units and making adequate

marketing arrangements. The nucleus plant would

also wor" ior upgrading the technoiogy of small

units. The Government would promote the

development ofa system of linkages between nucleus large plants and the satellite ancillaries.

To boost the development of small scale

industries, the investment limit in ihe case of tiny

units was enhanced to Rs.2 lakh, of a small scale

units to Rs.20 lakh and of ancillaries to Rs.25 lakh.

A scheme for building buffer stocks of essential

raw materials for the Small Scale Industries was

introduced for operation through the Small

Industries Development Corporations in the States

and the National Small Industries Corporation in the

Centre.

In order to ensure fullest utilisation of existing

industrial capacities, particularly in core industries

and in industries with a long term export potential,

the facility of automatic expansion of capacity of

5% per annum or 25% in a five year plan period to

be taken in one or more stages was permitted to all

Appendix I Industries. Requests for setting up 100%

export oriented units and for expansion of existing

units for purposes of export would also be

considered sympathetically.

Industrial processes and technologies aimed at optimum utilisation of energy or the exploitation of

alternative sources of energy would be given special

assistance, including finance on concessionaltcrms.

Similar benefits would be given to activities that

contribute directly to the improvement of the

environment and reduce the deleterious effects on

pollution of air and water.

Appendix-2

Government of India Ministry of Commerce and Industry

Department Of Industrial Policy and Promotion STATEMENT ON INDUSTRIAL POLICY, JULY 24, 1991

Industrial Licensing Policy

i) Industrial Licensing will be abolished for all projects except for a short list of industries related to security and strategic concerns, social reasons, hazardous chemicals and overriding environmental reasons, and items of elitist consumption (list attached as

Annex II). Industries reversed for the small-scale sector will continue to be so reversed. ii) Areas where security and strategic concerns predominate will continue to be reversed

for the public sector (list attached as Annex I). iii) In projects where imported capital goods are requin:d, automatic clearance will be

given. (a) In cases where foreign exchange availability is ensured through foreign equity. or b) If the CIF value of imported capital goods required is less than 25% of total value (net of taxes) of plant and equipment, up to a minimum value of Rs.2 crore. In view current difficult foreign exchange situation, this scheme (i.e. (iii) b) will come into force from April, 1992 In other cases. imports of capital goods will require clearance from the Secretariat of Industrial Approvals (SIA) in the development according to availability of foreign exchange resources.

iv) In locations other than cities of more than one million populations, there will be no requirement of obtaining industrial approvals from the Central Government excepts for industries subject to compulsory licensing. In respect of cities with population greater than I million. Industries other than non-polluting nature such as electronics, computer software and printing will be located outside 25 Kms. Of the periphery, except in prior designated industrial areas. A flexible location policy would be adopted in respect of such cities (with population greater than I million), which require industrial re-generation Zoning and Land Use Regulation and Environmental regulation will continue to

regulate industrial locations. Appropriate incentives and the design of investments in infrastructure development will be used to promote the dispersal of industry particularly to rural and backward areas and to reduce congestion in cities.

v) The system of phased manufacturing programmes run on an administrative case by case basis will not be applicable to new projects. Existing projects with such programmes will continue to be governed by them.

vi) Existing units will be provided a new broad banding facility to enable them to produce any article without additional investment

vii) The exemption from licensing will apply to all substantial expansions of existing units. viii) The mandatory convertibility clause will no longer be applicable for term loans from

the financial institutions for new projects.

/

Procedural consequences

i:\) All existing registration schemes (Delicensed Registration, DGTD registration) will be abolished.

x) Entrepreneurs will hence forth only be required to file an information memorandum on new projects and substantial expansion

1) Appro,·al "ill be given for direct foreign investment up to 51 percent foreign equity in high priority industries (Annex-Ill). There shall be no bottleneck of any kind in this process. Such clearance will be available if foreign equity covers the foreign exchange requirement for imported capital goods. Consequential amendments to the Foreign Exchange Regulation Act ( 1973) shall be carried out.

1i 1 While the imported of components. raw materials and intermediate goods, and payment of know how fees and royalties will be governed by the general policy applicable to other domestic units. the payment of other dividends would be monitored through the Reserve Bank of India so as to ensure that outflows on account of dividend payments are balanced by export earnings over a period of time.

iii) Other equity proposals. including proposals involving 51%foreign equity which do not meet the criteria under (i) above. will continue to need prior clearance. Foreign equity proposals need not necessarily be accompanied by foreign technology agreements.

iv) To provide access to international markets, majority foreign equity holding up to 51% equity will be allowed for trading companies primarily engaged in export activities. While the thrust would be on export activities, such trading houses shall beat par with domestic trading and export houses in accordance with Import-Export Policy.

v) A special Empowered Board would be constituted to negotiate with a number of large international finns and approve direct foreign investment in select areas. This would be a special programme to attract substantial investment that would provide access to high technology and world markets. The investment programmes of such firms would be considered in totality. free from pre-determined parameters or producers.

C. Foreign Technology Agreements

i) Automatic permission will be given for foreign technology agreements in high priority industries (Annex Ill) up to a lump sum payment of Rs. I crore, 5% royalty for domestic sales and 8% for exports, subject to total payments of 8% of sales over I 0 year period from date of agreement or 7 years from commencement of production. The prescribed royalty rates are not of taxes and will be calculated according to standard procedures.

ii) In respect of industries other than those in Annex III, automatic permission will be given subject to the same guidelines as above if no free foreign exchange is required for any payments.

iii) All other proposals will need specific approval under the general procedures in force. iv) No permission will be necessary for hiring of foreign technicians foreign testing of

indigenously developed technologies. Payment may be made from blanket permits or free foreign exchange according to RBI guideline.

D. Public Sector

i) Portfolio of public sector investments will be reviewed with a view to focus the public sector on strategic. high-tech and essential infrastructure. Whereas some reservation for the public sector is being retained there would be no bar for areas of exclusivity to open up to the private sector selectively. Similarly the public sector will also be allowed entry in areas not reserved for it.

ii) Public enterprises which are chronically sick and which are unlikely to be turned around will. for the formulation of revival\rehabilitation schemes, be referred to the Board for Industrial and Financial Reconstruction (BIFR), or other similar high level institutions created for the purpose. A social security mechanism will be created to protect the interests of workers likely to be affected by such rehabilitation packages.

iii) In order to raise resources and encourage wider public participation, a part of the government's shareholding in the public sector would be offered to mutual funds. financial institutions, general and public workers.

iv) Board of public sector companies would be made more professional and given greater powers.

v) There will be greater thrust on performance improvement through the Memoranda of Understanding (MOU) system through which managements would be granted greater autonomy and will be held accountable. Technical expertise on the part of the Government would be upgraded to make the MOU negotiations and implementation more effective.

vi) The facilitate a fuller discussion a fuller discussion on perforn1ance the MOC singed between Government and the public enterprise would be placed in parliament while focusing on major management issues. this would also help place matters on day operations of pub18c enterprises in their correct perspective.

E. MRTP Act

i) The MRTP Act will be amended to remove the threshold limits of assets in respect of MRTP companies and dominant undertakings. This eliminates the requirement of prior approval of Central Government fo!· establishment of new undertakings, expansion of undertakings. merger. amalgamation and takeover and appointment of Directors under certain circumstances.

ii) Expansion will be placed on controlling and regulating monopolistic, restrictive and unfair trade practices. Simultaneously, the newly empowered MRTP Commission will be authorized to initiate investigations .tuo mota or on complaints received from individual consumers or classes of consumers in regard to monopolistic, restrictive and unfair trade practices.

iii) Necessary comprehensive amendments will be made in the MRTP Act in this regard for enabling the MRTP Commission to exercise punitive and compensatory powers.

Appendix-3 Government of India

Ministry of Commerce and Industry Department of Industrial Policy and Development

Press Note No.9 (1990 Series) Changes in procedures for industrial licensing.

1 "''<'''"''''tttLthl<:d :t Si:tll'tttl'lllonlndu~lrial p 11 1 1 c~ 111 hnilt lint"<:' ol l'arlt:tllt<:lll on Jul) 24. i9ll 1 I h,· Sl.tll';n,·nt h;p, ,uh,Ltlll i;tlly redun:J the

r<'lJUIIl'llll'nt '''' \;II uut' 1)1'<'' ,,J tttdu,trial ;tppnl\als. J" ttnplt·lll<'tll tltt, l'ol11:~ \i.tll'ttll'lll 111 r.:,pe~:t of nl.Ju,trt.tl lt«'tl''":-: :\nttl'll.tltnll '.;n ·177(1:) lbtcd :' -; 1 •1•11 h.,, b,·,·n '"unl utllkr thl· Industries 1 (kH'I"I'rnc·nt ;snd Re!!ul;tlttlll) 1\ct. 1•1~ I

., I ndn tht\ nol tit cat ion. industrial

und~.·nal..m!!' h;l\ c been <:'l'tnptcd from the operation

1,f ~ .. ·,tt<~th Itt. II. ll(;t) ;,nJ 1.' of the I(D&R) r\ct.

IQ~ I ~ubicct tn fttlfilmcnl of certain conditions Sc:.::11on I 0 r.:f .. ·rs tP the r~.·tjutremcnt of registratio•, of exist in~ industri;d units Section 11 refers to the requirement of licensing of new industrial unde11:1kings Section lila\ deals with licences for the produ~:tion of 111:w at1tclcs. Section 13 refers. im..:r alia to the requirement of licensing for effecting substantial expansion.

3. 1"11.: notification has 1hrec Schedules:

Schedule I

Schl·dulc II

It,!> th,· tndu-,tri,·s res~.·r\'ed for put'lic s.:ctor. (1\tllll'.'\ I to this Press '\ 1111..' ).

is the list of industries which are suhj.:ct 'to Clllllpulsory lic.:nsing. This list is in the Indian Trade Classificnion (1-larmonised System). (:\nn.:x II to this Press ~Ill<:).

Schedule I I I i~ the list nr articles r.:ser\'ed for tho: small scak/ancillary sector and r.:mains the sam..: as before. (l'<ot annexed).

T!Ji, l'r.:ss Noll' sets t>ut th,· changes in the .:xi..,tin~ '~'tem ;n1d proc,·dur.:s for industrial appro\':tls ari,inc- <Htl ol. tit.: ;tlill·,·qid Notification.

L\l.\11'110'\. I·IUI\II''Ilt -.,I HI \1.

1.1( I""' '\.L

4. l.tccnsing ts :tholto;hcd for all inuustrial ttnd.:rt:tkillt!'- inclwlin~ MIUI'll.l{!\ com-panics. and \lll:tll '>cak .1t1d atluiLtry ind11'tries (i.e. lltllkrLtKIII;.'' 11·itf1 111\Cslllll'lll less tft:lll 1{'>. (,() i:1kh :111ti !~·, 7'. Ltklt f'l''>[ll'l'lil l·h ;" ,kf'illcd in tilt\ Millt<.;try·, ~ottltnlioll No Sll 2P (1·.) d:ttcd 2.'1.1 1) 1) I). lite lollowtlt~· condtttoll'> will govern 1111.., •:x.:tnpttoll f'roun liccll'>llt~·.

A l.tccnstng ts exempteJ for industrial

und.:rtakings (including MRTP/II.IU\

companies) other than those in the small s~::tle/

ancillary sector. if

(i) The proposed article(s) of manufacture

is not included in Annex I. II or is not

reserved for small scale/ancillary se~:tor.

(ii) The proposed project is not located

within 25 kms. from the periphery of

the standard urban area limits of a city

having a population of more than I 0

lakhs according to the 1991 Census.

(List enclosed).

This condition. however, will not apply

to electronics. computer software.

printing industry and other non-pollut­

ing industries that may be notified ti·om

time to time. This condition will also

not apply to other industries J1I'O\ id .. ·J

these are located within the areas

designated as 'industrial areas· b' the

State Government(s) before July 25.

1991. A II other units wishing to locate

within restricted locations will require

an industrial licence.

Notwithstanding the above. the location

of industrial p,rojects will be subi..:ct to

Central or State environmental la11 s or

regulations including local zoning and

land usc laws and regulations.

B. Small scale and ancillary undertakin~s are

c\cmrted from licensing for all articks of

tn:nwf':tcture "hich arc not covered by Allll<.:X

I :111d Ann..:x II. In addition they arc also

L'\<.'illj)l..:d Ji·om industrial licensing Jill' the :uticlcs

.. : 1nanul:tctur.: e\clusi\'cly reserved for small

'>c<tk.ancillary sector even i! they happen In he

includ.:d in t\nnex 11.

Stlt;t!l \C:tleiancillary unih ;trc. as hl·lnre.

c.-...:tnrl front loc:ttinn:tl conditions '>tthiL'l't lo

the provisi<JIIS or :til}' <"l'nlral (If' Stall:

ell\ 11'<11\lllelltal law or regulatio11s incl11dt11g

'"""')! and land 11\L' laws and regulatio11.

Substantial e.xpan-,inn of existing units will :~lso :,~ ~xe;nr.: frnm licensing pr1.vided the item of manufacture is not covered by Annex I. Annex II or is reserved for the small scale/ ancillary sector.· However substantial e:"':pansions will be subject to the locational conditi,,ns set out in para 4(A) above.

1>. Un1ad Uanding/l\1anufacture of New Article

Existing units will ~e permitted to manufacture ;my new article without additional investment if the article is not otherwise subjected to compulsory licensing. This facility would be a\·ailablc notwithstanding any locational conditions.

It is clarified that this is an additional facility to extstmg units. Under the provisions of exemption from .licensing for substantial expansion described above in para 4(C), existing units can in any case manufacture any new anicle not covered by compulsory licensing or locatidnal conditions.

:;. ABOLITIOi'\ OF EXISTING HE<;ISTRATIO~ SCIIEI\1fS

In consequence 0f the new Industrial Policy, existing schemes of registration namely. the De licenced Industries Registration Scheme ( DLR). ExcmptL·d Industries RegistrJtion Scheme (EIR). and registration with [)(lTD and other technical authoriti.:s. n;uncly. the Tcxtik Commissioner and the Den:lopmcnt Commissioner for Iron and Steel. have been abolishL·d.

(,. Fl LINC OF 1\1 F.I\10RANI>A

In n:spect of new projects f~1r manufacture of art ides not covered hy compulsory I iccnsing or their substantial expansions the only requirement would he that the industr·ial underiaking shJII file a rnemorartdum in prescribed f(trtn to the Secretariat for lnuustrial Approvals (SIA) in the Ministry of lmltrstry. Sm:h a rne1110randum will also have to be filed hy those indu-.trialllmkrtakings to he engaged in 111111·'-l:he<hdcd i11d11-.tril·'- i.l· tlrow not covered under the I(I>&R) Acl. The mc11rora11dum will be accn111p;11ried hy a cro-;-,L·d <kllr;llrd drart fill· Rs. I OCJO/. 111 t:rvn11r of tlrl· l';ry a11d Accollllh Orliccr. lkp;irtlllellt ollndu-,trial I kvl'loprncnt. Ministry or

Industry. payable at St;riL' !Link ol lnd,;t. "'"'';''' £3hawan, New Delhi - I I{) 0 I I ·1 lie receipt nit he memorandum will be acknm1 kdged hy tlrL· Sl1\ and a reference number will be given. lndu<,~rial

undertakings should quote this refer.:nce number in all future correspondence. if any. with the SIA.

The industrial undertakings shall also file another memorandum in prescribed form with the SIA at the time of commencement of commercial production. No payment will accomjl:rny this rncnul· randum.

Small scale and ancillary units arc not rcquireJ to tile the above memoranda with the SIA. Such units may continue to get themselves n:gistcred with the Director of Industries of the concL·rned State Government.

7. NEW CLASSIFICATION SYSTEM

Industries under compulsory licensing have been notified in the Indian Trade Classification System. Entrepreneurs may note that the description of article(s) to be manufactured should be stated according to this classification in the application for industrial licences. Similarly. in the memoranda to be tiled with the SIA in respect of articles not covered by industrial licensing. the, description of the articles should be given according to the Indian Trade Classification (Based on Harm9n!scd Commodity Descrtption and Coding System). rublishcd by the Ministry of~~mmerce. Directorate General or Commercial lntellrgcrKC and Statistics. Calcutta.

Cnpics of the Indian Trade Classiticatin.rf.J,:an he obtained on payment from the Controller of Publications. I. Civil Lines. Delhi 110 054 or fl·om any of the agents authorised to sell Government of India publications.

1l. I'IIASED MANUFACTURING I'RO­(;RAMMF. (PMP)':·

The system of Phased Manufacturing Programme (J'MI') will not be applicable to new projects~ llowcver. existing projects with such programme<; will continue I<• be governed by them.

'J. < AIWY ON BUSINESS (COB) I.ICENC "ES

( "crt;rin induslrit.:s wlridt wert: previou'ily

CXL:IIlptcd from tire lict.:n-.ing provisiom, o!" f(J>&R)

Act. I 'J51 lr:rve now heerr hnutghl trnder comptrl'>ory

lacensang.lt i~ clarified that such industrial

undcrtal-.ing~ whid1 an: already holding a valid

registration gnintcd to them prior to 25th July,

1991. by SIA or L>GTD or any other technical

authority need·n.ot apply for a COB licence. The

registration wil,l be regarded as valid authority for

carrying on the business in respect of the article,

quanti!:> and location mentioned in the registration.

However. for effecting substantial expansion of

capacity or for manufacturing a ne,~· article covered

by Anne\ II. at the same loca(ion, the industrial

und"rtaking should apply for a licence under the

I(D&R) Act.

' Small ~cafe/ancillary industrial under-takings

engaged in the manufacture of any item(s) covered

under Annex II or item(~) reserved for small scale!

ancillary sector. on crossing the investment limits

prescribed for them will be required to obtain a COB

licence from the Government:=··:·

No.I0/43/91-LP

Ill. I'ENI>JN<; AI'I'LI< XrtONS

Consequent on issue of Notification No. 477 (E)

dated 25.7.1991, all pending applications for issue of Letters of Intent will be scrutinised by the Sf!\ in the light of the notification. Those qualifying for exemption from licensing will not be processed further and the applicants would be advised to file memoranda as in para 6 above. A similar procedure would be followed in respect of applications for DLR, EJR and registrations with DGTD or other authority.

1 t. PENDING APPLICATIONS FOR CONVERSION OF LETTERS OF INTEI'\T INTO INDUSTRIAL UCENCr.

In cases where the article of manufacture is not covered by compulsory licensing, pending applications for conversion of LOis into ILs will not be processed further and SIA will advise the applicants to file a memorandum as in para 6 abuve before commencement of commercial production.

New Delhi, the 2nd August, 1991.

Sd/-(L. Mansingh)

Joint Secretary to the Government of India

Forwarded to Press Information Bureau for wide pt.Jiicity to the contents of the above Press Note.

Principal lnforrnation Officer _ Press Information Bureau Shastri Bhaw~n. New Delhi.

Note: ·:· This has since been amended vide Press Note No.I ( 1994 Series)

This requirement h<Js subsequently been withdrawn vide Press Note No. IS ( 1992 Series)

Government of India Ministry of Commerce and Industry

Department of Industrial Policy and Development Press Note No.9 (1990 Series)

Changes in procedures for industrial licensing.

PHOPOSEI> LIST OF INDUSTRIES TO DE RESERVE I> fORTHEPUBLICSECTORv

Appendix-4

I. Anm and ammunition and allied items of defence equipment, defence aircraft and warships.

2. Atomic energy.

3. Coal and lignite.

4. Mineraloils.

5. Mining of iron ore, manganese ore. chrome ore, gypsum. sulphur, gold and diamond.

6. Mining of copper. lead, zinc, tin. molybdenum and wolfram.

7. Minerals specified in the Schedule to the Atomic Energy (Control of Production and Use) Order, 1953.

8. Railway transport.

Note: •!• Items No. 5 and 6 have subsequently been deleted(rom this list, vide Press Note No.3 (1993 Series)

Government of India Ministry of Industry

Department of Industrial Policy and Promotion Press Note No.9, (1991 Series)

Changes in Procedures for Industrial Licensing

Appcndix-S

Annex- II

LIST OF INDUSTRIES IN RESPECT OF WHICH INDUSTRIAL LICENSING IS COMPULSORY

Note I.

Note 2.

Note 3.

(In lTC (HS) Classification) This list is based on the Indian trade classification, which follows the harmonised commodity description and coding system. government of India. ministry of commerce. directorate general of commercial intelligence and statistics. Calcutta; the code specified for the item description relates to this classification. Other items in respect of which industrial licensing is not exempted are: A. For large and medium industries,

The items reserved for the small scale sector listed in schedule III. B. For all industries,

i) All items of electronic aerospace and defence equipment. whether specifically mentioned or not, in this list.

ii) All items related to the production or use of atomic energy including the carrying out of any process, preparatory or ancillary to such production or use, under the atomic energy act. 1962.

The authentic description will be treated as specified in the item description given below.

1. Coal and Lignite. 2. Petroleum (other than crude) and its distillation products. 3. Distillation and brewing of alcoholic drinks. 4. Sugar 5. Animal fats and oils. 6. Cigars and cigarettes o f tobacco and manufactured tobacco substitutes. 7. Asbestos and asbestos-based products. 8. Polywood, decorative veneers, and other wood-based products.* 9. Raw hides and skins, leather, chamois leather and patent leather.* 10. Tanned or dressed fur skins. 11. Motor cars* 12. Paper and new print except baggage based unit. 13. Electronic aerospace and defence equipment: all types. 14. Industrial explosives, including detonating fuses, safety fuses, gun

powder, nitrocellulose and matches. 15. Hazardous chemicals.

16. Drugs and pharmaceuticals. (According to Drug Policy). 17. Entertainment electronics (VCRs, colour TVs, Cl> Players, Tapt.·

Recorders). 18. White goods. (Domestic refrigerators, washing machines progntmnuthlt.•

domestic washing machines, micro wave ovens, air conditioners) ...

* Modified in Press Note No. 3 I 1 C) C) 2 ,\'cries. **Changes Not~fied Vide Press No .f I ICJCJ3 Saies.

Note: - The compulsory licensing provisions would not apply in r~spcct of th~ small scale units taking up the manufacture of any of the above items n:s~rved for ~xdusivc manufacture in small scale sector.

Gonrnmcnt of India Ministry of Industry

Dcpanmcnt of Industrial Policy and Promotion

Press Note No. 10 (1992 Series) Rc,·iscd list of Anncxc- Ill items

:\ppl·nd i \-(,

Annex- Ill

LIST OF INDlJSTI~IES FOR AUTOMATIC APPROVAL OF FOREt<;:\ TECHNOLOGY AGREEMENTS ANI> FOR 51% FOREIGN EQlJIT\'

APPROVALS

Note I.

Note 2.

This list is hascd on the Indian trade classitication. which follows thc harmoniscd commodity description and coding system. goYcmmcnt of India. ministry of commerce. directorate general of commercial intelligence and statistics. Calcutta: the code specified for the item description relates to this classification. Items in respect of which approval of foreign technology agreements and of foreign equity is not automatic are:

I. For large and medium industries. The items reserved for the small-scale sector listed in schedule Ill

2. For all industries. 1. All items of electronic aerospace and defence equipment. whether

specifically mentioned or not. in this list. 11. All items related to the production or use of atomic energy including the

carrying out of any process. preparatory or ancillary to such production or use, under the atomic energy act. 1962.

Note 3. The authentic description will be treated as specified in the items description given below. Where the description relates to a group of article, all the sub classifications super ceding this description shall be taken as inclusive, unless specifically mentioned otherwise.

Item Description 1. METALLURGICAL INDUSTRIES.

1. Ferro alloys. n. Castings and forgings. Ill. Non-ferrous metals and their alloys including aluminium foils. IV. Sponge iron and pelletisation. v. Iron and steel pipes and tubes and fitting thereof. v1. Pig iron.

2. BOILERS AND STEAM GENERATING PLANTS 3. PRIME MOVERS (OTHER THAN ELECTRICAL GENERATORS)

1. Industrial turbines 11. Internal combustion engines. 111. Alternate energy systems like solar. wind. etc .. and C.:lluipmc:nts

thereof. iv. Gas/hydro/steam turbines.

4. ELECTRICAL EQUIPMENTS 5. TRANSPORTAIO

i. mechanised sailing vessels up to I 0.000 D\\T including fishing trawlers. ii. Ship ancillaries.

111. Commercial vehicles. iv. Railway equipment.

6. INDUSTRIAL MACHINERY i. industrial machinery and equipment.

7. MAHINE TOOLS AND INDUSTRIAL ROBOTS AND TIIEIR CONTROLS AND ACCESSORIES.

8. AGRICULTURAL MACI-IINERY. 9. EARTH MOVING MACHINERY.

10. INDUSTRIAL INSTRUMENTS. i. indicating, recording and regulating de\·iccs for pressure, temperature. rate of flow weights levels and the like.

II. SCIENTIFIC AND ELECTROMEDIAL INSTRUMENTS AND LAB ORA TORY EQUIPMENT

12. NITROGENOUS AND PHOSPHATIC FERTILIZERS 13. CHEMICALS (OTHER THAN FERTILIZERS). 14. DRUGS AND PHARMACEUTIALS. (ACCORDING TO DRUG POLICY). 15. PAPER AND PULP INCLUDING PAPER PRODUCTS 16. AUTOMIBILES TYRES AND TUBES 17. PLATE GLASS 18. CERAMICS

i. ceramics for industrial uses. 19. CEMENT PRODUCTS 20 HIGH TECHNOLOGY REPRODUCTION AND MULTIPLICATION

EQUIPMENT 21. CARBON AND CARBON PRODUCTS. 22. PRETENSIONED HIGH PRESSURE RCC PIPES 23. RUBBER MACHINERY

24. PRINTING MACHINERY 25. WELDING ELECTRODES OTHER THEAN THOSE FOR WELDING MILD

STEEL. 26. INDUSTRIAL SYNTHTIC DIAMONDS 27. PHOTOSYNTHSIS IMPROVERS 28. EXTRACTION AND UPGRADING OF MINOR OILS 29. PRE-FABRICATED BUILDING MATERIALS 30. SOYA PRODUCTS 31. CERTIFIED HIGH YIELDING HYBRID SEEDS FND SYNTHETIC SEEDS

32. ALL FOOD PROCESSING INDUSTRIES OTHER TIIAN t\lll.K H >OD. MALTED FOODS AND FLOUR, BUT EXCLUDING TIIF liT\ IS RESERVER FOR SMALL-SCALE SECTOR.

33. ALL ITEMS OF PACKAGING FOR FOOD PROCESSING INDUSTRIES EXCLUDING THE ITEMS RESERVED FOR SMALL SCALE SECTOR

34. HOTEL AND TOURISM RELATED INDUSTRY 35. SOFTWARE INDUSTRY

Arr<:nJP .. -7 Government of India

Ministry of Commerce and Indu~tr: Department of Industrial Policy and Development

Press Note No.5 ( 1996 Serie1) Further liberalisation in industrial licensing.

Suhjccl: Furth~.:r J.ihcralisation in Industrial l.icensing

Umkr the N~.:w Industrial l'olicy, annoul}ct·d i11 July, 1991,the Gowrnrm:nt had del ic~.:nscd all except 18 spcci fie industries subject to certain conditions. The Governmeni had further reviewed the list of industries covered under compulsory licensing in April 1993, and the motor car, white goods industry. raw hides and skins, leather and patent leather were de-licensed. After review of the Drug Policy in 1994, the Government delicensed all bulk drugs and their formulations and intermediates except few identified bulk drugs and formulations.

2. The Government has recently reviewed the list of industries retained under compulsory licensing and decided to remove entertainment electronics(includ ing Video Casettee Recorders, Colour Televisions. Compact Disk Players and Tape Recorders) from the list of industries requiring compulsory licensing in view of the considerations outlined below.

3. TI1e Indian audio visual system industry has now come of age. Nearly all components for

, assembling these are now being manufactured in India. Even the import contents of the components manufactured in India have sharply declined.

Moreover. all over the world, consumer electroics have been providing the dynamic thrust for the expansion of electronic industries. The latest

technology treuds indicate convergence of consumer electronics with information technology and

F. "lo.l 0( 19)/96-LP

pr c di.·-,\ional ekd rc >lltl'\ I >t·l rccll,lll!-! oft·nkr1.t "•••~<.:nt ckcllornr rnJu,tril"\ would prn\ Hk gre;Jil'l lrc·c·dorn

In tht· entrq,rcnl"Uf\ to ra~t· 111' l',!llll"lll and ~t·d "" dof~\

lku-.1on 1111he 111du~tllal ~l·<.:tor "hrch would rortll rhuk tu greatt·r Industrial growth and emplo~ ment

4. The delicensing ofthis industr:· will however be subject to locational conditions as given in the Press Note dt.::!nd August. 1991. ll1e de licensing is al\o not ntended to items exclusively reserved for manufacture in the small scale sector. Items rc~crvcd for small scale sector will continue to attract the I icensing provisions underthe Industries( Development and Regulation) Act. 1951.

5. The entrepreneurs who wish to avail of the liberalised facility of delicensing for the above mentioned industry are requested to follow the same procedure as laid down in the aforementioned Press Note dt. 2nd August, 1991 as amended from time to time.

6. The entrepreneurs who have been issued letters of intent for manufacture of items now falling under exempted category, the LOI holder need not file an initial memorandum. In such cases, the LOI holder shall enly file part 8 of the memorandum at the time of commencement of commercial production against the LOI issued to them. It is however open to entrepreneurs to file an initial memorandum (in lieu of the LOI/IL held by them) if they so desire, whenever any variation from the conditions stipulated in the

Letter of Intent/Industrial License is contemplated.

New Delhi, the 2nd December. 1996.

Forwarded to Press Information Bureau for wide publicity to the above Press Note.

Principal Information Officer

Press Information Burca.u.

N~.:w Delhi.

Sd/­

(Ashok Kumar) Joint Secretary to the Govt. of India

Appcndl'-·8 Govemment of India

Ministry of Commerce and Industry Department of Industrial Policy and Development

Press Note No-! (1997 Series) Expansion of list of industries for

Automatic approval for foreign equity.

Suhjl·ct: Expansion of List of Industries for Automatic Ap.prnval for foreign equity

I Jnder the liiK·ralisL·d polices and procedures governing foreign investment and !(>reign technology and transfer agreements as per the Statement of Industrial Policy. 1991. the list of 35 industries eligible for Automatic Approval by Reserve Bank of India( RBI) for foreign equity up to 51%was published as ANNEX-Ill to this Ministry's Press Note No. I 0( 1992 Series) dated 24.6.1992

., On a review of the policy on foreign direct investment, it has been decided to include 3 categories of industries/items relating to mining activities for foreign equity up to 50%: 13 additional categories of industries/items for foreign equity upto 51% and 9 categories of industries equity upto 74% in the list of industries/items eligible for automatic approval by the Reserve Bank oflndia. These industries are listed under the heading "Par1 'A'. Pa11' B' and Part 'C' of A NNEXllRE-111" appended to this Press Note. These lists would be a supplement to the existing list of 35 industries (presently listed under Annex-Ill of the Industrial Policy) which qualify for automatic approval for foreign direct inves11i1ent. In case any specific item now shown in Pa11 B or Part C of Annex-Ill. aln:ady features in the 35 sectors included in the existing Annexure-Ill of Press Note No.IO (1992 Series) dated 24.6.92. the status of that item for cl igibi I ity for automatic approva I foreign equity up to

F. No.I 0(31 )/97-LP

51% OK 74% would b\.' Jcternunc:J 111 tt·rrm of the in-.t;tllt l'res'i Note

3 No automatiC approval ... hall he: grantt·d h~ the RBI for any 1tcm reserved for the small '>calc '>ector or for any other item wh1ch rc4uires 1ndustriall1ccnce undcrthc existing policy. '111c applicant shall have to necessarily state in his/her application to RBI whether he/ she proposes to manufacture any item reserved for the small scale sector or not.

4. The foreign equity limits for automatic approval as per the attached I ists would also be applicable to all proposals for Units in the Electronics Hardware Technology Park Schemes (EHTPs) and units under the Software Technology Park Schemes(STPs), wherever such proposals contain request for approval for foreign direct investment as well. The other parameters of eligibility with respect to these specific schemes(EHTPs. STPs) would be applicable in the same manner as they are applicable for proposals not containing any element of foreign investment under these schemes.

5. The attached lists are based on the National Industrial Classification of all Economic Activities(NIC), 1987. The entrepreneurs/investors should henceforth give description of their activities in this classification system while submitting their application to the RBI/ Government for various industrial approvals.

New Delhi, the 17th January. 1997

Forwarded to Press Information Bureau for wide publicity to the contents above Press Note.

Principal In fimnation Officer l'res~ lnforlllation Bureau. NCI\' I kllll.

Sd/­

(Ashok Kumar)

Joint Secretary to the Govt. of lndir

Go,crnrncnt uf lnd1a Ministry of Commerce and lndustr:

Depanment of Industrial Policy and Development Press Note No 14 ( 1997 ~oeeriesO

Revised consolidated list for automatic appro' al for foreign equity upto.50~'0 !.51 o .. '74%.

Suhjccl: Revised l:onsolidat..:J Ji,t ofinJustries/ itcllh li1r au111m;IIIC app11"al lnr lorc1gn etplil~ liJl ICI :"()'~.,,')J'~.,;7.f~.,

t;,,dcr thc liher;1li,~·d p<>lil"IC' and pron:'dw~·,

covering foreign technology agreements and foreign direct investment. the lisl of 35 induslries eligible for automatic approval by Reserve Bank of lndia(RBI) for foreign equity upto 51% was published as Annex-llltn the StZ~tement on lndu,traZ~I Policy. 1991. The list was detailed based on IIC(I!S) Coding System and was published as Annex-Ill in this Ministry's Press Note No. I 0( 1992 Series) dated 24th June. 1992. Subsequently. on review of policy on foreign direct investment. the Annex-Ill was expanded to include inpustries/items eligible for automatic approval by RBI for foreign equity upto 50%. 51% and 74%. The list of additional industries items. which was based on National Industrial Classitication(N I C) of all Economic Activities. 1987 was published as Annex-Ill to this Ministr:"s Press Note No.2( 1997 Series) dated 17th January. 1997.

2. The description of the 35 industries (Annex­Ill) included in the Press Note No. 10(1992 Series) dated 24.6.1992 has also·been re-cast on the basis of National Industries Classitication(NIC). 1987. FU11her. with a view to avoid reference to two separate lists. a consolidated list has been drawn and is appended as Annex-Ill to this Press Note. This revised list is in three parts. Part'A' lists industries/

F. No.I0(31)/97-IP

actl\'llle> for "'luch automatlt: appro,·al IS avallab~ lor lorclt,:n ClJUit) uplo ~()" o I' an "If tor torc1gn equrty

uplo ~I~ u ;md Pan ·c· for forc1!:!n etjllll~ up to 74'1..

3. ·1 he '"' al Anno.- III ~~ 111 Ill!\ l're~\ r-.:otc supcr\cdc~ the lisb publi~hed earlier ,·ide this· Ministry's Press Note No.IO( 1992 Series) and Prcs$1

:

Note No.2( 1997 Series). TI1e cntreprcneurslinvestorii arc advised to give description of their activities for· NIC. 1987 classification system while submittinf their applications to the Govemment1Rcscrve Bank~ of India for various industrial approvals.

4. Items for which approval for foreign investment~ is not covered by automatic approval are:- 1~

(i) Items reserved for small scale sector; •

(ii) Items which require industrial licence under the existing policy

(iii) All items for aerospace and defence equipment whether specifically mentioned or not; and 1

(iv) All items related to production or use of automatic energy including carrying out of any process. preparatory or ancillary to such production or use, under Automatic Energy Act, 1962.

5. The existing conditions for automatic approval of foreign technology agreements, remain

.. unchanged.

New Delhi, the 8th October, 1997

Forwarded to Press Information Bureau for wide publicity to the contents of the above Press Note.

Press Information Officer. Press Information Bureau, New Delhi. Copy to:-

1. NIC to put this on the SIA Website on the Internet

2. PI~OCell

Sd/-(Dhiraj Mathur)

Director to Govt. of India

3. PPS to Sccretary(II'I')/PPS to Secretary (10)/PPS to Secretary (SSI & ARI)/PPS to Secrctary(HI) for information and pet'sual of Secretary.

4. AS&FA ~. .IS{I'K)/JS(AK)

6. 1\ II Directors/Deputy Secretaries in the Department oflndustrial Policy & Promotion-for information and necessary action.

Sd/-

(Dhiraj Mathur)

Director to Govt. of India

'

Government of India Ministr)' of Commerce and Industry

Department of Industrial Policy and Development

PRESS HOTE rt0.14 (1997 Svrhu)

Appendix-10

REVISED COHSOLIDf'TED LIST FOR f'UTOHf'TI( f'PPROVAL FOR FOREI<irt EQUITY UP TO 50%/51%/74%

"I so

:\-I

:\-~

.-\- ~

PART'A'

LIST OF I~I>USTRIES/ITEMS FOR AUTOMATIC APPROVAL FOR FOI<EIGN EQUITY UPTO 50%

NIC CUDI Description

Division Group

I~

1~0

I 3

130

131

1~7 _,_

134

135

l:i

150

151

152.

153

154

155

159

Class

MINING OF IRON ORE

Mining of Iron Ore

MINING OF IRON ORES OTHER THAN IRON ORE (Mining or Uranium Group Orcs is not covered)

Mining of Manganese ore

Chromite

Bauxite

Copper Ore

Mining of Lead and Zinc Ores.

MINING OF NON-METALLIC MINERALS NOT ELSEWHERE CLASS I Fl ED(n.e.c)

Mining and quarrying of rock aggregates, sand and clays.

Mining/quarrying of minerals for construction other than rock aggregates, sand and clays.

Mining of fertilizers and chemical minerals.

Mining of ceramic, refractory and glass minerals.

Salt mining and quarrying including crushing, screening and evaporating 111 pans.

Mining of mica.

Mining of other non-metal I ic minerals.

PRESS HOTE H0.14 (1997 Sczrlczs) REVISED COHSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREIGH EQUITY UP TO 50%/51%/74% ---------- ___/

Sl.

PARr 'B'

I.IST ()(-" INIHISTIUESIITEMS FOR AUTOMATIC APPROVAL F<m FOIU:IGN EQUITY UPTOSI'Yc,

NIC CODE Description

ANN I·:\: U IH>III ( ( ·ontd .. )

NO Division Group Class

B-1 (l(l

B-2 01

B-3 20/21

AGRICULTURAL PROOUC..TION

()(}() Agricultural Production n.e.c.

009.9 Certified high yielding hybrid seeds and synthetic seeds.

PLANTATIONS

019 Plantations n.e.c.

0 I 9. 9 Certified high yielding plantations developed through plant tissue culwre.

MANUFACTURE OF FOOD PRODUCTS

200 Preparation and preservation of meat.

200.5 Preservation of meat except by canning.

200.6 Processing and canning of meat.

20 ~ Manufacture of dairy products.

,..

202

201.1

201.2

201.3

201.4

201.9

202.1

202.2

202.~

202 4

Manufacture of milk powder, ice-cream powder and condensed milk

except baby milk foods.

Manufacture of b:tby milk foods.

Manufacture of butter, cream, ghce, cheese and khoya, etc.'

Manufacture of Pasteurised milk whether or not in bottles/ polythcne

packs etc.(PI:lin or flavored).

Manufacture of other diary products n.e.c.

Canning and preservation of fruits and vegetables.

Sun-drying of fruits and vegetables.

A:1ificial dehydration of fruits and vegetabtt::>.

Radiation preservation of fruits and vegetables.

Manufacture of fruit/vegetable juice~ and their concentrates. <,qu<t>hcs

and powders.

21J2.'i Manufacture of sauces, jams, jellies ;u1d manna lades .::tc.

21i2. 7 Canning of fruits and vegetables.

202.9 Fruit and vegetable preservation 11.c.c.

20.\· l'ron·ssing. c;mnin).! ;111d pn;scrvin~ "lli·.h. cruo.;I;Jcc;uJ and ·.imiL1r

foods.

~Ill ( irainn1illing

PRESS NOTE N0.14 ( 1997 SczriiH) REVISED CONSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREIGN EQUITY UP TO "i0%JS1%J74"1o

Sl :--.;I< . ( '( )J >I. I )cscript Hlll

NO I livi,inn ( iroup Clas"

204 .I Flour milling by power machine.

204.9 Other grain milling ami processing activities 1u.:.c.

20R Production of common salt.

201) Manufacture of cocoa products and sugar con fcctioncry ( includmg sweet meats).

2!19.1 Manufacture of cocoa products.

21X Manufacture of starch and its derivatives.

219 Manufacture of food products n.e.c.

219.9 Soya texture proteins. soya protein isolates. soya protein concentrates. other specific~ products of soya bean. wintcrised and JcodoriseJ relined soyabean oil.

13--t 1' .:,.) MANUFACTURE OFCOITON TEXTILES

235 Cot!on spinning integrated mills.

13-:'i 2-1 I\1ANUFACTURE OF WOOL, SILK & MAN MADE FIBI{E

TEXTILES

242 Wool Spinning, weaving & processing in integrated mdls.

245 Spinning. weaving and processing of silk (textiles) in integrated mills.

2-17 Spinning. weaving and processing of man-made textiles fibres in integrated mills.

247.1 Spinning of staple fibres in mills.

247.2 Spinning of Staple fibres and weaving of artitificial/synthetic textile fabrics in mills.

247.3 Weavmg and processing(bleaching, dyening and printing) of artiticial/ synthetic textile fabrics in mills.

247.4 Composite artificial textile fibre Ill ills (spinning. weaving and processing)

B-() 2(· i\IANUFACTUREOFTEXTILE PRODUCTS

2Mi tv1::mufacturc of water-proof textile fabrics.

11-7 2X i\lANlJFACTURF: OF PAPER AND PAPF:R PHODUCTS ANO PRINTING PUBLISIIING ANI> ALLIF:D INDUSTRIES.

2);() l\ lanu racturl! or pulp. paper and paper board including manu facture of n.:wsprint.

II-X \() ;\lANlJFACTlJRE OF BASIC CHEMICALS & CIIEI\11CAL I'IH>IHJCTS(EXCEI'T I'IWIHJCTS OF I'J-:Tf{OLHJM & COAL)

;(HI :\l:tlttliactun.: or indus!ri:d <lll!.:lllics :tlld inurl!:lllic cileltticals

PRESS HOTE H0.14 (1997 S!lrllls) REVISED COHSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREIQH EOCJITY CJP TO 50%/51%/74%

,, Nl<. Cl 1111 Description

'() I ),v,..,ion -< iroup ( '1;1\\

WI Manuf<~cture of fertilizers and pesticides.

.\02 Manufacture of plastics in primary forms, manufacture of synrhetic rubber.

303 Manufacture of paints, varnishes and related products, artists' colours and ink.

304 Manuacture of drugs, medicines and allied products.

306 Manufaclure of man-made fibres.

]()1) Manufacture of chemical producls n.e.c.

R-9 31 MANUFACTURE OF RUBBER, PLASTIC, PETRO. LEUM AND COAL PRODUCTS

310 Tyre and Tube Industries

312 Manufacture of rubber products n.e.c.

313 Manufacture of plastic products n.e.c.

318 Manufacture of coke oven products.

319 Manufacture of other coal products and coal-tar products n.e.c.

Il-l 0 ~.,

J- MANUFACTURE OF NON-METALLIC MINERAL PRODUCTS

320.7 Manufacture of non-refractory ceramic pipes, conduits, guttering and pipe fittings.

320.8 Manufacture of non-refractory flooring blocks, support or tiller tiles and rooting tiles.

321 Manufacture of glass and glass products

321.1 Manufacture of glass in primary or semi-manufactured forms(such as sheet and plate glass) including mirror sheets.

321.3 Manufacture of glass fibre(including glass wool) and product therefrom.

321.9 Mar.ufacture of glass shells for television picture tube.

323 Manufacture of non-structural ceramic ware.

323.3 Manufacture of ceramic insulators and insulating fittings for electrical machines. appliances and equipment.

324 Manufacture of cement, lime and plaster

324.2 Manufacture of portland cement, aluminuous cement, slag cement and similar hydraulic cements, except in the form of clinkers.

32'J Manu facturt: of m isccllancous non-meta II ic 111 incral products n.c.c.

. .. .. PRESS HOTE H0.14 (1997 Svrhrs) .

REVISED (OHSOLIDATED LIST fOR AUTOHATI< APPROVAL FOR FOREIGH EQUITY UP TO 50%/51%/74., ..

Sl. NICCODE Description

NO. Division Group Class

329.3 Manufacture of hume pipes and otncr prc-lahricatcd ~tructural components of cement.

329.4 Manufacture of gypsum board.

329.7 Midget carbon electrodes, graphite electrodes and anodl·s and impervious graphite blocks and sheets.

329.9 Manufacture of industrial synthetic diamonds.

B-11 3~ MANUFACTURF: OF METAL PRODUCTS Al':D PARTS. f.\CEPT MACHINERY AND EQUIPMENT.

341 Manufacture of fabricated metal products.

341.1 Manufacture of railway and ship containers used in container traffic.

341.2 Manufacture of gas-cylinders( industrial or house-hold)

341.3 Manufacture of tanks. reservoirs and containers of metals n.e.c.

341.4 Manufacture of reinforced safes. vaults, strongroom doors and gates and the likes (manufacture of almirahs and filing Cabinets etc. is classified in Group 32)

341.5 Manufacture of steel trunks.

341.6 Manufacture of sanitary and plumbing fi\tures and fittings of metals.

341.9 Manufacture of other fabricated metal products J).e.c.

344 Forgings, pressings, stampings and roll-forming of metaL powder metallurgy.

349 Manufacture of metal products( except machinery and equipment) n.e.c.

349.9 Iron and steel pipes/tubes and fittings. welding electrodes other than those for welding mild steel.

B-12 35/36 MANUFACTURE OF MACHINERY AND EQUIPMENT OTHER THAN TRANSPORT EQUIPMENT

350 Manufacture of agricultural machinery and equipment and parts thereof.

351 Manufacture of machinery and equipment used by construction and mining industries.

352 Manufacture of prime movers, boilers.

353 Manufacture of industrial machinery for food and textile industries (including bottling and filling machinery).

354 Manufacture of industrial machinery for other than food and tc\tilc industries.

....

. - .... , ... _ ........ , PRESS NOTE N0.14 (1997 Svrhu)

REVISED CONSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREIGN EQUITY UP TO 50%/51%/74%

Sl NICC<H>F

l\0 I >ivision ( iroup < ·~:.-.s

.1'i~

J.So

3:'i7

35!\

3'i9

3 :"9. I

359.2

359.3

359.5

359.6

359.8

359 C)

360

361

362

363

363.2

363 3

V>3.~

3l)J .5

Jr>X

3(J<)

I >cscript ion

Manufacture of refrigerators. air-condrt11111er.., and (,,·.rr;:htrll:: equipment and their and accessories.

Manufacture of general purpose non-electrical machinery cquiprncnl. their components and accessories. n.e.c.

Manufacture of machine tools. their parts and accessories including toolings and production aids.

Manufacture of office, computing and accounting machiner~ and pans

Manufacture of special purpose machinery/equipment. their components and accessories n.e.c.

Manufacture of sewing and knitting machines.

Manufacture of weighing machinery.

Manufacture of washing and laundering machine (including centrifugal clothes driers).

Manu facture of filtering and purifying machinery for I iquids and gases.

Manufacture of distilling and rectifying plants (including heat exchangers).

Manufacture of parts and accessories n.e.c.

Manufacture of other special purpose non-electrical machinery/ equipment n.e.c.

Manufacture of electrical industrial machinery apparatus and parts thereof.

Manufacture of insulated wires and cables, including manufacture of optical fibre cables.

Manufacture of accumulators primary cells and primary battrics.

Manufacture of electric lamps.

Manufacture of ultra-violet or infra-red lamps.

Manufacture of discharge lamps, florescent. hot-cathode or other discharge lamps.

Manufacture of arc lamps.

Manufacture of flash bulbs used in photography.

Manu facture of electronic valves and tubes and other electronic components n.c.c.

Manufacture of radiographic X-ray apparatus. X-ray tube~· and parts and manufacture of electrical equipment n.e.c.

PRESS NOTE H0.14 (1997 hrlv1) REVISED CONSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREI<itt EQUITY UP TO SO"'o/51%/740,.

Sl. NIC CODE Dcscrirtion

NO. Division ( iroup Cl;1ss

B-Ll

B-1-l

!\-1 ~ 70

MANUFACTUREOFTI{ANSf'()JH FC)t!II'MI::"T .\~D I'AH I"S.

:no Shir and boat building.

3 70.1 Making of ships and other vessels drawn by power up II' I 11.000 D\\'T.

370.8 Manufacture of parts and accessories r1.e.c. for ~hirs and boah

.171 Manufacture of industrial locomotives and pan~

3 71 I Manufacture of industrial diescllon,nwti' L''

3 71 ~: Manufacture of pans and accessories ru~.c. for lnnllll•'tivL·~.

3 7~ Manufacture of railway or tramway wagons and co ache~ anJ other railroad equipment n.e.c.

372.2 Manufacture of railway or tramway passenger coaches.

372.3 Manufacture of railway or tramway rolling stock, not selfpropelled, other than passenger coaches.

37~.4 Manufacture of railway or tramway fixtures and linings.

372.5 Manufacture of mechanical and electro-mech:.lllical signalling. s:1fety or traffic control equipment for railways. tramways. etc.

371.8 Manufacture of parts of railway rolling stock.

3 73 Manufacture of heavy motor vehicles. coach work.

3 74 Manufacture of motor cars and other more vehicles principally de,igncd for the transport of less than I 0 persons.

37-1.2 Manufacture of jeeps and station wagons.

374.8 Manufacture of internal combustion piston engines and other parts and accessories n.e.c. for motor vehicles classified in this group excluding for 374.1.

375 Manufacture of motor-cycles and scooters and parts (including three wheelers).

70X

37:'.1 Manufacture of motor-cycles.

375.2 Manufacture of scooters and scooterttes .

. ~7:'.3 Manufacture of three-wheelers.

375.1\ Manufacture of internal combustion piston eng.int:~ and other parts and accessories n.c.c. for motor cycles. -scooters and thn.:e-wheclcrs.

RESTAURANTS AND HOTELS

lfolels. rooming hou: cs. camps and olhcr lodging rlaccs.

LAN I> TRANSPORT (SUPPORT SEHVI<"ES)

Supporting services lo land transpor1. like opcr;ll ion nl highway hrid).'eS. roll roads. vehicular llrnncls.

~us HOT£ H0.14 (1997 Svrlcs) REVISEO <O"SOLIOATEO liU f~ A<ITOHRTI< APPROVAL FOR rOREIGH EQUITY UP TO SO%/Sl%/74% ~ --------

- -------------~I Nit c c 11 II ()'-·,.._I lf\llltll

'-,() I II\''''"' ( fiHf'll ( '·''' -!W· 7! \\·\I H< f I<" '\<.;f'ORI (Slii'I'Oin SEH \'ICES).

71~ '-"f'f">l1 \<:n teo tu \\ at<:r·trans[)(H1 ltl-.t: operation and maintenance of rt:tr-.. loadtng and dt~chargtng of Vt:\~cfs.

B-17 7.\ SEIWICES 11\CIDF:I'HAL TO THANSPOIH N.E.C.

no Car!,!O handling incidt:ntal to land transport

7]1 Cargo handling tncidcntal to water transpor1.

r1 .}_ Cnrgo handling incidental to air transport.

733 Renting and leasing (except tinancinlleasing) of motor vehicles, without operator. for passenger transpor1.

73-i Rcnttng and kasing (except tinanciallcasing) of motor vehicles. without operator. for freight transport.

7N Renting and leasing of refrigerated/cold 1ranspor1.

B-18 85 RENTII\G ANO LEASING N.E.C.

850 Renting of transport equipment without operator.

850.9 Renting of other transport equipment n.e.c.

85~ Renting of office accounting and computing machinery and equipment. without operator.

853 Renting of other industrial machinery and equipment.

B-19 89 BUSINESS SERVICES N.E.C

892 Data processing, software development and computer consultancy serVICeS.

892.2 Software supply services.

893 Business and management consultancy acli\ itics.

893.2 Market Research Services.

895 Technical testing nnd analysis services.

899 Resenrch and Development Services ( c\clud ing basic research ;md setting up of R & 0/acndemic institutions which would award degrees/ diplomas/certificates)_

11-20 93 HEALTH AND MEDICAL SERVICES.

B-21 9l) SERVICES NOT ELSEWHERE CLASSIFIED.

9!)() Tourism related industry.

PRESS tfOTE tf0.14 ( 1997 hrhu) REVISED (OHSOLIDATED LIST FOR AUTOHATI( APPROVAL FOR FOREI<ltf EQUITY UP TO J0"1./S1'"1../74-,_

-------~~---- -------

II ,.,.,!)

I' ART 'C'

I.IST OF INIHJSTHI ES/ITF\1' lOR .-\ l!TOMATIC A I'I'IW\'A L FOR FOIH:I< ;'\ H)l 1 ITY l. I'TO 7~"1.,

Sf. NIC CO!)E Description

NO. Division Grour Class

C-1 19 MINING SERVICES

190 Oil and Gas field services. c.\ccpt C.\ploration anJ proJudion :-c:1 \ :ces.

191' Services incidental to mining viz. Drilling, shafting, reclam<'.tion of mines. surveys/mapping-excluding services related to gold, silver and precious/ semi-precious stones.

C-2 33 BASIC METALS AND ALLOYS INDUSTRIES

330 Manufacture of iron ore pellets. pig iron. sronge iron and steel in primary/semi-finished/f imshcd forms.

331 Manufacture of semi-finished iron and steel products in rerolling mills. cold-rolling mills and wire drawing mills.

332 Manufacture of ferro-alloys

333. Copper manufacturing.

334 Brass manufacturing.

335 Aluminium manufacturing.

336 Zinc manufacturing.

337 Casting of metal.

339 Other non-ferrous metal industries. excluding Gold. Silver and Platinum.

C-3 38 OTHER MANUFACTURING INDUSTRIES.

380 Manufacture of medical, surgical. scientific and measuring equipment except optical equipment.

380.1 Manufacture of medical/surgical equipment and orthopaedic Clppliances (manufacture of apparatus based o·n the use of X-Ray or other radiator~ is classified in Class 369.1 ).

Jl\0.2 Manu facture of industrial process control cqu ipmcnt (this class includes manufacture of apparatus used for continuous measurement and control or variable such as temperature. pressure, viscosity etc. of materials and products as they arc being manul;1ctured or otherwise processed.)

PRUS fiOTE fi0.14 (1997 hrhn) REVISED COHSOLIDATED LIST FOR AUTOMATIC APPROVAL FOR FOREICiri EOUITY UP TO SO%/Sl"!::l!~~-

Sl.

NO.

C-4

NIC COI>I.

Division < iroup < 'Ia~\

40

lXII 'i Manufarturc of sensitive balarH.:c and rnathcrnattcal l·alrt~l.ttorlf:

inst rurncnt ~

)!W (, M<~nufacture of laboratory and scientific tn\truments n.e.c. (indudm~ manufacture of non-optical microscopes. diffraction eqlllpmcnts; apparatus for nwasuring or checking electrical quantitie~. e.g oscilloscopes. spectrum analysers. volt meters. with or "1thout recording devices; apparatus for mea>uring r:on-elcctrical qu;tntttte'> e g. radiation detectors, and counters. cross-tall-.. mctcrs and other instruments specially designed for telecommunications; apparatus for testing the physicai properties of materials. e.g. apparatus for testing hardness and other properties of metals, for testing the ear and tear and other properties of textiles and for testing the physical properties of paper, linoleum, plastic, rubber, wood concrete and of forth; apparatus for carrying out physical or chemical analysis. e.g. po larimeters, refractormers, calorimeters, Orsob's apparatus, Ph­meters, viscometers, surface tension instruments and so forth and instruments and apparatus for measuring or checking the flow. level. pressure or other variables of liquids or gases. e.g. flow meter. level gauges, manometers, heat-meters, and so forth, except industrial process control equipment).

380.8 Manufacture of parts and accessories n.e.c. for instruments and apparatus included in this group.

380.9 Manufacture of other medical surgical, scientific and measuring equipment n.e.c. (Includes manufacture of hydrometers, thermometers, pedometer, tachometers, balancing machines. test benches, comparators (include optical comparators and other optical type measuring and checking appliances and instruinents); instruments for checking watches or watch ;-arts and so forth).

381 Manufacture of photographic. cinematographic and optical goods and equipment (excluding photochemicals, sensitised paper and film).

388 Manufacture of items based on solar energy like solar cells, cooker~. air and water heating systems and other related items.

ELECTRIC GENERATION AND TRANSMISSION

400 Generation and transmission of electric energy.

400.1 Generation and transmission of electric energy produced 111 hydro­electric power plants.

400.2 Generation and transmission of .:lectric energy produced in coal/lignite based thermal power plants.

1100.1 Generation and transmission of electric energy produced in oil ha~;ed thermal power plants.

PRESS "OTE "0. 14 (1997 Svrhn)

\....REVISED CO"SOLJDATED LIST fOR AUTOHATI~~~-~~~L._FC?_R!OREI_~~ _E~UITY UP_ TO S0°~o/S10fo!J4"1.

<.;J NIC COl >1:

C-5 43

C-6 50

501

503

504

505

506

C-7 70

707

C-8 71

710

711

C-9 74

741

--

~()()_~ (j<:JI<:J;tllOJI ;111J ILIII~Illl'-'-l<l!l ol <:kllrJC l"ll,·r,_:\ i''"''"''·d Ill )-.:.1'> h.J\<:d thermal power pbnts.

NONCONV£NTIONAL ENEHGY GEi'\ERATION AND DISTRIDUTIOi'\.

CONSTRUCTION.

Construction & maintenance of roads. r;~ilbcds. bridges. tunnels. pipelines. ropcways. pol1s. h:nbors and run,l·:t: s.

Construction & maintenance o ( waterwa~' anJ \I atn re<en·otrs

Construction and maintenance of hydroelectric projects.

Construction and maintenance of power pl;~nts.

Construction. and maintenance of industrial plants

LAND TRANSPORT

Pipeline transport excluding Crude Oil. petroleum products and natural gas pipelines.

WATER TRANSPORT

Ocean and water transport

Inland water transport.

STORAGE AND WAREHOUSING SERVICES.

Warehousing of agricultural products with refrigeration (cold storages).

Appendix- II GoHmmcnt of India

M mistry of Commerce and lnJu,tr-:­Dcpanmcnt of Industrial Polic:- and [)c,elnpmcnt

PREU "OTE "0.1 (1991 i.n•s) REVIEW Of IHDUSTRIES (OVERED U"DER IHDOiTRIAL LI(EI'fill'fQ

Suhjt·ct: Review of !ndu~trit:' covered under I ndu,tri;ll [ .iccns1nt!

In lm~· '' ith thl.' polic:- of the (iovcrnmt:nl to COII!IIlUc '' ith rl.'forms in mJustn;d ;ector to create an investor friendlv environment. the remaining handful of ite~s r~q~irin~ compulsory I icensing hav~ been further reviewed. As a result of the r~view and as already announced by the Finance Minister in his Budget Speech dated 1.6.98. it has been decided to remove the following entries from the I ist of industries reserwd for Public Sector (annexure-[ to the Press Note No.9 (1991 series) dated 2.8.91).

i) "Coal and Lignite"

ii) "Petroleum (other than crude) and its distillation products (listed as "mineral oils" in the list of industries reserved .for public sector)"

2. Government have also decided to remove the above mentioned items from the list of industries tor compulsory licensing. (Annexure-11 to the Press Note No.9 (1991 Series). dated 2.8.91, as modified from time to time).

However, the marketing of controlled petroleum products would continue to be regulated in

F. No.10(3)/97-IP

accor<.Ltllct' "•th the tH<''c·nt 1Cf!lllll.'. until the t\dm,,:,·,·d l'r•c<· \1cch.tl11\lltl ;\l'\1) 1~ fullv d"ntanl kJ .wJ n<>l .,-,eJ •

3. J;c:J~cc·•"'"g .,f these Items '"II. l11n'<'1er. be subject to cond1t1ons as g11 ~n 111 Pre~~ Note dated 2nd August I 991 and rel~vant statutes/statutory/: policy notrfications and directions and decisions 0(~ Hon'blc Suprem~ Court. •

4. Entrepreneurs who wish to avail of the libcralised facility of dclicensing for the above mentioned s~ctors are reqw:~t~d to lollow the same procedur~ as laid down in Press Note dated 2nd August I 991. as amended from time to time.

5. Entrepreneurs who have been issued Letter(s): of Intent for manufacture of items now falling under exempted category. need not file an initial memorandum. In such cases. the LOI holder shall only file "Part B" at the time of commencement of commercial production against the LOI issued to them. It is. however. open to entrepreneurs to file an initial memorandum (in lieu of the LOI/IL held by them) if they so desire, whenever any variation from the conditions stipulated in the Letter of Indent/ Industrial Licence is contemplated.

New DL!hi, the 8th June. 1998

Forwarded to Press Information Bureau for wide publicity to the contents of the abol'e Pre~~ r>Jote.

Press Information Officer

Press Information Bureau

New Delhi.

Sd1-

(Ashok Kumar) Joint Secretary to the Govt. of India

Gon·rnmenl of India Ministn· of Commerce and Jndu~rn· . .

Department Of lndudriall,olicy and Promotion ST ATEM[NT ON INIHJSTRIAL l"<lLIC\', JlJI. \'H. J9ql

PRESS ttOTE tt0.2 (1998 Scuhrs) LIST OF lttt>USTC{IES/ITEMS FOR AUTOMATIC APPROVAL r:oR FOREIGN EQUITY UPTO \00%

--------- ---·------

1 Jruh:r the pr<.::,cnl pttlrt·y. lndr;ur o.:ornpanit:s und..:rl;rklll)!. g<.:n<.:r:olrorr ;urd lr;ur"'"''"'ll ol' electric c:"nt:r:.!\. pn~thro.:cd irr lr~ dro•·'-·lt:t:lrrt: JHI\\ t:r plant-.. coal b<l~<':; pol\\'t:f pbrll''. uri h:r,t•d 11iu111;rl power plants and gas hast:d lho.:nuaii""'LT pl:r11h art: eligible for autornati<.: approval 11p1o 7-1'~ ;, li•reign equity.

2. The Government has n.:viewcd the existing cuidclincs for automatic ·approval for foreign equity for electric generation. transmission and distribution project~. and has decidt:d lo cnl;rrg..: the provisions for automati<.: ;rpprcl\ al fc~r such projects. Accordingly. projects for electric generation, transmission and d ist ribut ion wi II be permitted foreign equity participation upto I 00% on the automatic approval route provided the foreign equity in any such project does not exceed Rs.l500 crore. The categories which would qu<!lify for such automatic approval nrc :

(i) Hydro-electric power plants.

(ii) Coal/lignite based therm<JI power plants.

(iii) Oil basd thermal pO\\'CI' plants.

(iv) Gas based thermal power plants.

F. No.IO(JI)/97-IP

3. It is clarified thai I he facrlity lor au111111;rtr<:

approval <IS eiHJillt:raled 111 paragraph 2 aOtl\e. doe\ not include general ion. 1 r;m\mrssion and distrrhut ion of electric cn\!rgy produced in atomic rca<.:tor ptn\t:r

plants and hence such proposals shall not qualify for automatic approval by fUllunc.Jer this Press Note.

4. The provisions referred in para 2 above would be listed under the heading Part-'D' of Annexur.:!-111

as appended to this Press Note as a substitution of the existing entry No.C-4 in Part 'C of

Annexure-Ill.

5. The list appended to this Press Note is based

on the National Industrial Classification of all

Economic Activi~ !S \NIC). 1987. The entrepreneurs/

investors are advised to give the description of their

activity under this classification system when

submitting their applications to the RBI.

6. All other terms and conditions as notified under

Press Note No.2 ( 1997 Series) dated the 17th

January. 1997 and Press Note No.14( 1997 Series)

dated the 8th October. 1997 remain unchanged.

New Delhi, the I Jth June. 1998

Forwarded to Press In formation I3ureau for w1de publicity to the contents of the above Press Note.

Pres~ In format ion Ofli ::cr

Press Information Burenu

No.:w Delhi.

Sd/­

(Ashok Kumar) Joint Secretary to the Govt. of lndi<l

Arpendtx-13

( io' ernmcnt pf ln,ll.l M1111~trv tlf Commerce ;l!ld lnJu,:r~

Dcrartrncnt of lndustriall'nlic~ and Dncloprnent

PRESS HOTE rfO_J (1999 hrln) LIST FOR AUTOMAT!( APPROVAL FOR FOREIOI't EQUITY UPTO 74%

---------------------- -----------

I ,.kr II,,· I'',.,,.,,, l'"l"'. l"tl'·"' , ""'11.1''"., Ulltl~o.·tt.tl~lll~•(ttii"IIIH.:tHHI ,lll4j 111.11/lll'll.llhl' ttl ftt,Hh.

h1.c:!''' , .. '· vdllcuLsr hnd:~<"-·. ~<•II , .. ;,d·,. \<.:hrcul:11

;unn:l, "•rh a11d h;u·holll' ;u,· c·I1L:1hk lor ;ultOIIl:Jl lc'

.-q'~j'·'•'' .tl ll('ltl-. J''" ftlfl'l~l1 t.."tjllll:

I !I' (jo,,·rrlnlc'lll h;i\c' 1<.:\ r..:"<.:J th<.: <.:xistmg

~uid.:lulc''- for automatic approval for forcrgn equity

ftH cnnqruction and maintenance of roads.

hr~ll\\ays. vehicular bridges. toll ro:1ds. vehicular

w111,ck por1s and harbours anJ has decid..:d to enlarge

the provisions for automatic arproval for such projects. Accordingly. p1'ojects for "construction and

maint<:nance of roads, h ighw;:ys. vehicular bridges,

wll ro:~ds. vehicular tunnels. por1~ and harbours" will

be permitted foreign cquit: rarticipation upto 100%

on the automatic ~lppro,·al ro11te. provided the total

foreign equity in :my such project docs not exceed

Ks. 1500 crore.

F. No. 7( I )/99-I.P.

I I; t , •• II ·' _? .t t ,, 1\ ..... \ \ I •til ~I

),~,._ It .l,:tl ,,, .1 fh·,r~ • ,.;!. i' ""'1~.:r 111~..· lh.:.ntl11·.: l'.nl

.., )"ttl \IIIIL'\IIIL' Ill .1· l:·:•.'!l,h'tf ltl ''"'' 1',.._· ....... '-.,:,,~~,...

111\_· .... ,,,tu1~ t..'llll\ ~--~~ ~ ,, !.! l'.1tt ··c·· ,,! ·\nth..'\111\.

Ill ·-..h.lil "'·'"d 11H•II r,. r,. •!,,...._ L'\h,.'llt ~lllll ,,,:.H1 ,.,

undc·r

"Con-.truc-tll>n .t11J '";"llll'ri;Jilc·c of rail hnl'. non-vehicul:lr IHIO!;<". 11"n-vehicular llrrllll:l'. ropcwa~ s and run" a)' ..

4 The list app,·rHkJ I<' thi-; Pn.:ss Note i~ ha~c·d

on the Natrona! lndu~lrr;il Classification of all

economic activities (NIC). 1987. The entrepreneurs/ investors arc advised to give the description of th~.: activities under this cl<1ssification system when submitting the applrratic111 In the R.BI.

5. A II other terms anJ n)llditio11s as notified under Press Note No. 2 (I 9')7 s~.:rics) dated the· 17th January. 19Q7 and Press :"\otc No. 14 ( J9Q7 'enesl dated 8th October. 1997 remain unchangeJ.

New Delhi. the 4th Januar~. I 999

Forwarded to Press Information Bureau to give wide publicity to the contents of the above Press 1\:ote.

Press Information Olliccr.

Press Information Rurc<Ju.

Shastri l3hawc.n.

New Delhi.

Sd/-

( Ashok Kumar)

Joint Secretary to the Government of India

Source. Government nr l11dia. Ministry of Industry. Department of Industrial f'olicy and Promotion

(io,cmrn~:nt of lnd1a ~lmistr: ofCommcrcc and lndustr:·

[)(."par1mcnt of lnJustnal Po lie~ and Dnelopmcnt

PRESS "OTE H0.9 (1999 hrl111) ''GUIOELI"ES FOR THE <OtUIOEIU,TIOH Of FOREIQ" DIRECT IHVEST"E"T (FOI)

~OPOSAL S BY THE fOREIGH IHVEST"E"T PRO"OTIO" BOARD rfiPUl--- -· ·---- --,-------------------~- -------------

1. 'I h.: ( ; .. v,·nlflll'lll '"'"' I''"L''"·cf th,· ''"'''"f.: policy rd.tllllr '" lh.: '"'""·"'! """'"''' "'' ;1pphc.ohk 1,1 fNcignnwn.:cllncli;tll fi,,JcfiiiJ" rniiiJUiliC" rcquinn;.: prit•r ami ~pl·ul'll ;'i'l""';ol .. t I II'B/1 ico\l:llllloc:nll"r downslll';lfll flf\·c:-.lllll'lll ( l11 l:;trdul uon-.iuc:r;lllnn oftla: m;1th:r and \\'lifo a 1·1<..:\l 111 l'util1cr ~in1plif~·"og the invcstm.:nl prnn:durn fnr downstream investment. it has hc.:cn tkcid.:tl lu [lermil foreign owned Indian lwldin):! cn111p;lllics to make downslrl·;un nlVc.:-;llnenl in :\llflt'\llrC Ill activities which t.juali!y tor t\utotno;IIIC A JlJllt>v;,ll subjc.:ct to the tollowing l:tlflditio11s:-

(a) Oownstrcarn invcstmcr1t~ 111~1y he made within fon:ign c.:quity levds pL"rmittt:~ for different activities as under the autor11atir route;

(b) Proposed/c.:xi~ting activiti.:s fi.or the joint venture comrany being fully ((Ill fint:d to Annexure Ill adivitic.:s:

(c) llll:rease 111 equity le1·t:I resulting out of ex pan!' ion or equity bast: of' the existing/fresh equity of the new joint 1·cnt ure comrany;

(d). the downstream in vestment involving setting up or an EOlJ/STI' t::l lll' project or items involving compulsory I iccnsing; SS I reserved items: acquisition of exi sti n~ stake in an Indian company by way of tnmsfer/as also buyback shall not be eligible l(,r alltomatic approval and shall require prior approval or FIPB/ Government;

(e) The holding co111pany to notify SIA of its downstream investment \I' ithin JO days of such

f. No. 7( 13)/99-IP

111\'C'tmc:nt evc:nlf,hare-. h.l\1." uot t><.'l'fl allntted alon~w1tlo tlol· uoo.l.dol\ ol lll\t'-..1111(111 "' fll'W/

eJo.isting \Tnlollc' I" olh'" rthout l''r'·"''"'ll prnp.11111lll' ).

(I) l'ropos.tl~ I cor dol\lhll,·.ufl IIIH'>IIIIl'lll h~ "a~

of indudion ul fure1gn c.:quity 111 an t:\l~turg Indian Comp;my to he.: duly ~upported by a

resolution of the no;ud of Drn:·~tor supporting the said inductron as ;llso a shareholder' /\grccmcnt and consent letter of the Foreign Collahorator:

(g) lssudtransfi:ripri~:ing/valuation of shares shall be in an;on.lance with SEBI!RRI guiJdinc.:s:

(h) foreign owned holding companies would have to bring in requisite f,,qds from abroad and not. leverage funds from domestic market ror such investments. This would, however. not preclude downstream orcrating companies to raise debt in the domestic market.

2. The above procedure will fom1 part of the fiPB Guidelines and paragraph ll(a) of the "Guidelines for the consideration of Foreign Direct Investment (FDI) proposals by the Foreign Investme-nt Promotion Board ( Fl PB )" notified vide Press Note No. 3 ( 191)7 Series) shall stand modified accordingly in respect of down stream investment by foreign owned Indian holding companies.

3. All investors and entrepreneurs may please take note of the aforesaid revision in the policy.

New Delhi. the 12th April. 1999

Forwarded In the l'rcs~ lnlimmtinn L3mcau, for gi\'ing wide publicity to the contents of the above l'ress Note.

l'rcss lnfonnation Onin:r. Press lnf(mn;ttioll Burc<llt. Shastri IShawan. New Ddhi.

Sd/-

( Ashnk Kumar) Joint Secrdary to the Govemrnent of India

Suun·,,. < iovt.:rnll~t:llt ol India. Mini~try ol" Industry, 1Jqwr1mcnt of lnduslriall'olicy and l'romotion