Provisional SSI registration

In the case of SSI units

Directorate of Industries and Commerce, Puducherry.

Industrial
Entrepreneur
Memorandum(IEM)

In the case of medium and large delicensed industries

Secretariat for Industrial Assistance
Dept. of Industrial Policy & Promotion, Ministry of Comm. & Ind., New Delhi

Letter of Indent(LOI)
& Carry on Business (COB)

In the case of licensed industries

Secretariat for Industrial Assistance
Dept. of Industrial Policy & Promotion, Ministry of Comm. & Ind., New Delhi

Letter of Permission (LOP)

In the case of 100% EOUs

a) Items for automatic approval

Development Commissioner of the EPZ,Chennai.

b) Items other than automatic approval

Secretariat for Industrial Assistance
Dept. of Industrial Policy & Promotion, Ministry of Comm. & Ind., New Delhi

Proprietorship

Individual ownership

No registration required from Registrar of Firms, Puducherry

Partnership

Minimum 2 owners upto a  maximum of 20 owners

Registrar of Firms, Puducherry

Pvt Ltd Co.

Minimum 2 and maximum 50 shareholders with limited liability

Registrar of Firms, Puducherry

Public Ltd Co.

Minimum 7 and maximum unlimited numbers with limited liability

Registrar of Firms, Puducherry

Land acquired in PIPDIC estate

Pondicherry industrial Promotion, Development and Investment Corporation(PIPDIC)
PIPDIC.

Government land

District Collector, Puducherry.

Private land

No Restriction (subject to the Approval of Agriculture Dept., Puducherry.)

SSI, MSI, LSI units

Directorate of Industries and Commerce, Puducherry.

Term loan for acquisition of fixed assets

Pondicherry industrial Promotion, Development and Investment Corporation(PIPDIC)
PIPDIC.or Any commercial bank

Working capital

Pondicherry industrial Promotion, Development and Investment Corporation(PIPDIC)
PIPDIC. or Any commercial bank

Offer of shares to the public

As per the guidelines issued by RBI/SEBI

Industrial Guidance Bureau

IGB

Approval

Applicability

Authority

Automatic Route

All items/activities produced/carried out by new ventures, barring a few falling under automatic route for FDI/NRI/OCB investment upto 100%

Reserve Bank of India after ensuring compliance of sectoral policy and equity caps stipulated if any.

Automatic Route

Existing companies proposing to raise foreign equity with an expansion programme, should fulfill  (i) the increase in equity level to result from the expansion of the equity base of the company without acquisition of existing shares by NRI/OCB/foreign investors, (ii) money to be remitted in foreign currency and (iii) proposed expansion programme to be in the sectors under Automatic Route.

Reserve Bank of India after ensuring compliance of sectoral policy and equity caps stipulated if any.

Automatic Route

Existing companies without an expansion program for eligibility under Automatic Route should fulfill (i) they are engaged in the industries under Automatic Route (ii) the increase in equity level will result in expansion of the equity base and (iii) the foreign equity in foreign currency.

Reserve Bank of India after ensuring compliance of sectoral policy and equity caps stipulated if any.

For Foreign Direct Investment under the Automatic Route, RBI has given permission to Indian companies to accept investment under this Route without obtaining prior approval from RBI. Investors are  required to notify the concerned regional office of RBI of receipt of inward remittance within 30 days of such receipts and file required documentation within 30 days of issue of shares to foreign investors.

Government Approval

All proposals requiring IL under ID&R Act, 1951

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

Government Approval

Foreign investment exceeding 24% in the equity capital of units manufacturing items reserved for small scale industries.

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

Government Approval

All items requiring IL in terms of the locational policy notified by Government under NIP, 1991.

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

Government Approval

All proposals in which the foreign collaborator has a previous venture/tie up in India

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

Government Approval

All proposals relating to acquisition of shares in an existing Indian Company in favour of foreign/NRI/OCB investor

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

Government Approval

All proposals falling outside notified sectoral policy/caps or under sectors in which FDI is not permitted

Foreign Investment Promotion Board, Ministry of Industry, GOI, New Delhi

RBI has granted general permission under FEMA for proposals approved by the Government. Indian companies getting foreign investment approval through FIPB route do not require any further clearance from RBI for the purpose of receiving inward remittance and issue of shares to foreign investors. Such companies would notify the concerned regional office of the RBI about the receipt of inward remittance within 30 days and file the required documentation within 30 days after issue of shares to the foreign investors.

Approval

Applicability

Authority

Automatic Approval for foreign technology collaboration agreements

All industries for foreign technology collaboration agreement subject to
(i) lumpsum payments not exceeding US$ 2 million
(ii) royalty payable limited to 5% for domestic sales and 8% for exports subject to a total payment of 8% on sales over a period of 10 years and
(iii) period of payment of royalty not exceeding 7 years from commencement of commercial production or 10 years from the date of agreement whichever is earlier.  The limits of royalty are net of taxes.

Reserve Bank of India

Automatic Approval for use of foreign trade marks and brand names

Payment of royalty upto 2% for export and 1% for domestic sales is allowed on trade marks and brand name of the foreign collaborator without technology transfer. This royalty shall be paid as a percentage of net of sales .

Reserve Bank of India

Automatic Approval by wholly owned subsidiaries

Payment of royalty upto 8% on exports and 5% for domestic sales by wholly owned subsidiaries to offshore parent companies permitted without any restriction on the duration of royalty payments.

Reserve Bank of India

Government approval

For following categories, Govt approval is necessary:

(i) Proposals attracting compulsory licensing
(ii) Items of manufacture reserved for SSI sector
(iii) Proposals involving any previous JV or technology transfer or trade mark agreement in the same or allied field in India
(iv) Extension of agreements
(v) Proposals not meeting any or all the parameters for Automatic Approval.

Secretariat for Industrial Assistance
Dept. of Industrial Policy & Promotion, Ministry of Comm. & Ind., New Delhi

Food & drug clearance

Food & Drugs, Cosmetics
manufacturing units

Asst. Commissioner of Food & Drug Administration Puducherry.

Environmental clearance

Dept of Science, Technology and Enveironment, Puducherry. (DSTE), Puducherry

Boiler Licence

Chief Inspector of Factories and Boiler,
Government of Puducherry

Mining of minerals

Dept. of Industries and Commerce
Government of Puducherry

Storage of explosives
clearance

Additional District Magistrate,
Government of Puducherry.

Imported machinery/raw materials

Joint Directorate General of Foreign Trade,
Ministry of Commerce, GOI, Puducherry.

Factory licence

Chief Inspector of Factories,
Government of Puducherry.

Site clearance certificate for LOI holders for converting into IL

Dept. of Industries and Commerce
Government of Puducherry.

Powerloom registration

DIC/Textile Commissioner

Quality Certification

Bureau of Indian Standards, Chennai.