Industrial Licence for setting up industrial undertaking or expansion of the existing industrial undertaking or for the manufacture of new article,

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..... ication for Industrial Licence for setting up industrial undertaking or expansion of the existing industrial undertaking or for the manufacture of new article, a Letter of Intent (LOI) is issued in the first instance. The conditions contained in the Letter of Intent are required to be fulfilled within a period of 3 years or within extended period of validity as may be specifically allowed by the G .....

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..... lication will continue to be processed as per existing procedure i.e. issue of LOI in the first instance and conversion of LOI into Industrial Licence after execution of legal undertaking (LUT) with DGFT for fulfillment of condition relating to export obligation. It is, however, clarified that it will be the responsibility of the entrepreneur to ensure that all requisite approvals/clearances under .....

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