An industrial license refers to permission granted by the relevant authority to establish an industrial project or facility.
Key Features:
- Location and size specifications for the project
- Environmental and production standards to be followed
- Employment and operational capacity details
- Means of waste disposal and pollution controls
- Validity duration and renewal process
Example:
A food processing plant obtained their industrial license only after agreeing to install a wastewater treatment plant to mitigate pollution concerns raised by locals.
Key Takeaways:
Industrial licensing aims to regulate industrial development within acceptable social and environmental limits through carefully screened approvals and ongoing compliance monitoring of license terms. Conditions attached promote orderly and responsible industrialization.