ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Development of Ancillaries

AN 'ancillary' is defined as an industrial unit having investment in machinery and equipment not exceeding Rs 25 lakh engaged i n ; (a) Manufacture of par is, components, sub-assemblies, tooling or inter-mediates; or (b) Rendering of services and supply-ing or proposing to supply or render 50 per cent of their pro-duction or the total services, as the case may be, to other units for product ion of other articles, provided that no such undertak-ing shall be subsidiary of, or owned or controlled by, any other undertaking.

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