All new unit require a license for augment the industrial production and thereby enhance the industrial growth which leads to economic growth by optimum utilization of resources, modernization, balanced industrial development and balanced regional development. For the trading of product industry has to be taken Industrial License (IL) from Department of Promotion of Industry and International Trade, Govt. of India. Department of Industrial Policy & Promotion is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. While individual Administrative Ministries look after the production, distribution, development and planning aspects of specific industries allocated to them, Department of Industrial Policy & Promotion is responsible for the overall Industrial Policy. Akone Services provide the services under SIA for industrial license.
