The MSME registration asks for the business activity by NIC code. For manufacturing of chrome, manganese and nickel products alloys, that activity is 24204.
NIC code · National Industrial Classification 2008
24204 is the 5-digit NIC 2008 code for manufacturing of chrome, manganese and nickel products alloys: a sub-class of class 2420, manufacture of basic precious and other non-ferrous metals, within division 24, manufacture of basic metals. Search a code or activity below, or copy the code for your Udyam or SPICe+ form.
This code
Division 24Group 242Class 2420Sub-class 24204
Manufacturing of chrome, manganese and nickel products alloys
Sub-class 24204 · Class 2420 · Group 242 · Division 24 · Section C, NIC 2008
The code
Where the code sits in the National Industrial Classification 2008, from section to sub-class, in the official wording.
242045 digits: 24 + 2 + 0 + 4NIC 2025 · Notice dated 16 October 2026
On 18 November 2025 the Ministry of Statistics and Programme Implementation released NIC 2025, which uses 6-digit codes aligned with the UN's ISIC Revision 5. This page shows the NIC 2008 code 24204. The matching NIC 2025 code will be added here once it is mapped from MoSPI's official concordance.
How to read it
An NIC code is built in layers. Each digit narrows the one before it: the division, the group, the class, and finally the 5-digit sub-class. Divisions themselves are grouped under lettered sections.
The broadest numbered layer. Division 24 covers manufacture of basic metals. It sits in section C, manufacturing.
Manufacture of basic precious and other non-ferrous metals.
Manufacture of basic precious and other non-ferrous metals. The official note for this class is quoted below.
Manufacturing of chrome, manganese and nickel products alloys. The full 5-digit code you enter where a form asks for the business activity by NIC code.
What it covers
24204 is a sub-class of class 2420, manufacture of basic precious and other non-ferrous metals. The NIC 2008 document explains the class in the note below, quoted exactly.
This class excludes:
- - casting of non-ferrous metals, see 2432
- - manufacture of precious metal jewellery, see 3211
Where you use it
Two registration forms ask for the business activity by NIC code. This is where 24204 is entered.
The MSME registration asks for the business activity by NIC code. For manufacturing of chrome, manganese and nickel products alloys, that activity is 24204.
The company incorporation form asks for the main industrial activity of the proposed company by NIC code.
Not GST. GST registration does not use NIC codes; goods and services there are classified by HSN and SAC codes.
Choosing the right code
24204 is for manufacturing of chrome, manganese and nickel products alloys. The codes below sit closest to it in NIC 2008: the other sub-classes of class 2420. Each has its own page with the official wording.
24205Class 2420 · another sub-class of the same class24209Class 2420 · another sub-class of the same class24201Class 2420 · another sub-class of the same class24202Class 2420 · another sub-class of the same class24203Class 2420 · another sub-class of the same classClass 2420 has 6 sub-classes in NIC 2008, including 24204.
Questions
Manufacturing of chrome, manganese and nickel products alloys, in the National Industrial Classification 2008. It is a sub-class of class 2420, manufacture of basic precious and other non-ferrous metals.
Class 2420, manufacture of basic precious and other non-ferrous metals, has 6 sub-classes in NIC 2008. Besides 24204, they are: 24205 (Production and refining of precious metals (such as gold, silver platinum etc.) and alloys); 24209 (Manufacture of other non-ferrous metals n.e.c.); 24201 (Manufacture of Copper from ore, and other copper products and alloys); 24202 (Manufacture of Aluminium from alumina and by other methods and products of aluminium and alloys); 24203 (Manufacturing of lead, zinc and tin products and alloys).
In Udyam Registration, which asks for the business activity by NIC code, and in the SPICe+ company incorporation form, which asks for the main industrial activity by NIC code. GST registration does not use NIC codes.
About this page
The section, division, group, class and sub-class on this page, and the explanatory note for class 2420, are taken word for word from the official document “National Industrial Classification (All Economic Activities) 2008”, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.
This is reference information on the classification of a business activity. It is not advice on which code your own business should declare, and the official NIC document prevails if the two ever differ. A change in the classification, including the MoSPI concordance to NIC 2025, re-opens this page for checking.
Not sure which code fits your activity, or spotted a mismatch? Use the WhatsApp button on this page and tell us what the business sells and how.