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NIC Code 43291 - Installation of elevators, escalators

Group Class Sub Class Description
432  Electrical, plumbing and other construction installation activities
 4329 Other construction installation
  43291Installation of elevators, escalators

National Industrial Classification 2008 (NIC-2008) Code 43291 is used for Installation of elevators, escalators. 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 43291 is shown below.

Level Description
Section FCONSTRUCTION
Division 43Specialized construction activities
Group 432Electrical, plumbing and other construction installation activities
Class 4329Other construction installation
Sub-Class 43291Installation of elevators, escalators

Why is NIC Code 43291 Important?

When registering your Installation of elevators, escalators business in India, you'll need the NIC Code 43291 for official documentation and compliance. NIC Code 43291 ensures that your business is correctly categorized under Installation of elevators, escalators for taxation and regulatory requirements.