INDUSTRIAL ENTREPRENEURS MEMORANDUM (I.E.M.)
The Government of India has liberalized the procedures for obtaining IEM Acknowledgement from 29.09.2006.
The District Industries Centre (DIC) have been given the powers to issue the IEM Acknowledgement to those units having investment between Rs. 5 Crores to Rs. 10 Crores.
If the Investment is more than Rs. 10 Crores the IEM Acknowledgement will be issued by the Secretariat of Industrial Assistance, New Delhi.
The IEM will enable the Entrepreneur to import Capital Goods, obtain power, financial assistance and registration with E. P. Council etc.