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NIC Code 01242 - Growing of appricots, peaches and nectarines

Group Class Sub Class Description
012  Growing of perennial crops
 0124 Growing of pome fruits and stone fruits
  01242Growing of appricots, peaches and nectarines

National Industrial Classification 2008 (NIC-2008) Code 01242 is used for Growing of appricots, peaches and nectarines. 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 01242 is shown below.

Level Description
Section AAGRICULTURE, FORESTY AND FISHING
Division 01Crop and animal production, hunting and related service activities
Group 012Growing of perennial crops
Class 0124Growing of pome fruits and stone fruits
Sub-Class 01242Growing of appricots, peaches and nectarines

Why is NIC Code 01242 Important?

When registering your Growing of appricots, peaches and nectarines business in India, you'll need the NIC Code 01242 for official documentation and compliance. NIC Code 01242 ensures that your business is correctly categorized under Growing of appricots, peaches and nectarines for taxation and regulatory requirements.