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IDR Act: Industrial licenses issued under IDR Act to be valid for 15 years

“In supersession of all earlier Press Notes, the period of validity of industrial license is being extended from three years to fifteen years for all kind of licenses henceforth to be granted under IDR Act in line with the validity of licenses being issued for defence items as a measure for ease of doing business,” the DPIIT said.

All industrial licences issued under IDR Act will be valid for 15 yrs

All industrial licences issued under IDR Act will be valid for 15 yrs
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