Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 01262 - Growing of olives and oil palms
National Industrial Classification 2008 (NIC-2008) Code 01262 is used for Growing of olives and oil palms. 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 01262 is shown below.
| Level | Description |
|---|---|
| Section A | AGRICULTURE, FORESTY AND FISHING |
| Division 01 | Crop and animal production, hunting and related service activities |
| Group 012 | Growing of perennial crops |
| Class 0126 | Growing of oleaginous fruits |
| Sub-Class 01262 | Growing of olives and oil palms |
Why is NIC Code 01262 Important?
When registering your Growing of olives and oil palms business in India, you'll need the NIC Code 01262 for official documentation and compliance. NIC Code 01262 ensures that your business is correctly categorized under Growing of olives and oil palms for taxation and regulatory requirements.