India - Annual Survey of Industries: 2009-10

Industrial Classification

The NIC-1970 was followed to classify economic activities of the factories from ASI 1973-74 to ASI 1988-89. NIC- 1987 had then been introduced and followed till ASI 1997-98. NIC-1998 was then followed from ASI 1998-99 to ASI 2003-04. From ASI 2004-05, the new series of classification, i.e., NIC-2004 has been introduced and the same has been used till ASI 2007-08. From ASI 2008-09,
NIC- 2008 has been introduced. It classifies all the factories in the ASI frame in their appropriate industry groups on the basis of the principal product manufactured. This way a unit gets classified in one and only one industry group even though it might be manufacturing products belonging to
different industries. The estimates for different aggregates presented in this report at two or three digit level of industry correspond to the NIC-2008 classification.

This code should be given as per maximum ex-factory value of output of major activities of the multiple products and by-products manufactured by the units. A valid NIC code needs to be given from NIC 2008.