The MSME registration asks for the business activity by NIC code. For mining of asbestos, that activity is 08995.
NIC code · National Industrial Classification 2008
08995 is the 5-digit NIC 2008 code for mining of asbestos: a sub-class of class 0899, other mining and quarrying n.e.c., within division 08, other mining and quarrying. Search a code or activity below, or copy the code for your Udyam or SPICe+ form.
This code
Division 08Group 089Class 0899Sub-class 08995
Mining of asbestos
Sub-class 08995 · Class 0899 · Group 089 · Division 08 · Section B, NIC 2008
The code
Where the code sits in the National Industrial Classification 2008, from section to sub-class, in the official wording.
089955 digits: 08 + 9 + 9 + 5NIC 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 08995. 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 08 covers other mining and quarrying. It sits in section B, mining and quarrying.
Mining and quarrying n.e.c.
Other mining and quarrying n.e.c.
Mining of asbestos. The full 5-digit code you enter where a form asks for the business activity by NIC code.
Where you use it
Two registration forms ask for the business activity by NIC code. This is where 08995 is entered.
The MSME registration asks for the business activity by NIC code. For mining of asbestos, that activity is 08995.
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
08995 is for mining of asbestos. The codes below sit closest to it in NIC 2008: the other sub-classes of class 0899. Each has its own page with the official wording.
08996Class 0899 · another sub-class of the same class08997Class 0899 · another sub-class of the same class08999Class 0899 · another sub-class of the same class08991Class 0899 · another sub-class of the same class08992Class 0899 · another sub-class of the same classClass 0899 has 9 sub-classes in NIC 2008, including 08995. 5 of the others are shown here.
Questions
Mining of asbestos, in the National Industrial Classification 2008. It is a sub-class of class 0899, other mining and quarrying n.e.c.
Class 0899, other mining and quarrying n.e.c., has 9 sub-classes in NIC 2008. Besides 08995, those with a page here are: 08996 (Mining of vermiculite, perlite and chlorites); 08997 (Mining of felspar and silica minerals including quartz, quartzite and fuchsite); 08999 (Mining of laterite, diatomite and silicious fossil meals (e.g. diatomite); and other natural fluxes; natural asphalt or bitumen and other mining n.e.c.); 08991 (Mining of gemstones (agate, diamond, emerald, garnet (gem), jasper, ruby/sapphire etc.)); 08992 (Mining and quarrying of abrasive materials (pumice stone, emery, corundum, garnet and other natural abrasives)).
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 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.