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NIC Code 32402 - Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles

Group Class Sub Class Description
324  Manufacture of games and toys
 3240 Manufacture of games and toys
  32402Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles

National Industrial Classification 2008 (NIC-2008) Code 32402 is used for Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles. 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 32402 is shown below.

Level Description
Section CMANUFACTURING
Division 32Other manufacturing
Group 324Manufacture of games and toys
Class 3240Manufacture of games and toys
Sub-Class 32402Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles

Why is NIC Code 32402 Important?

When registering your Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles business in India, you'll need the NIC Code 32402 for official documentation and compliance. NIC Code 32402 ensures that your business is correctly categorized under Manufacture of wheeled toys designed to be ridden, including plastic bicycles and tricycles for taxation and regulatory requirements.

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