Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 24102 - Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products
National Industrial Classification 2008 (NIC-2008) Code 24102 is used for Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products. National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.
National Industrial Classification 2008 (NIC-2008) Code Structure
All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. Activities are first grouped into ‘section’ alphabetically coded from A through U, every section is divided into ‘division’ with 2-digit numeric code, every division into ‘group’ with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit 'sub-class'.
The structure for NIC Code 24102 is shown below.
| Level | Description |
|---|---|
| Section C | MANUFACTURING |
| Division 24 | Manufacture of Basic Metals |
| Group 241 | Manufacture of basic iron and steel |
| Class 2410 | Manufacture of basic iron and steel |
| Sub-Class 24102 | Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products |
Why is NIC Code 24102 Important?
When registering your Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products business in India, you'll need the NIC Code 24102 for official documentation and compliance. NIC Code 24102 ensures that your business is correctly categorized under Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products for taxation and regulatory requirements.