Mf Section C Manufacturing
NIC 2025 MoSPI source

NIC 162903 - Manufacture of wooden decorative articles (Eg. statuettes, ornaments, candle holders, lamp bases, Wooden frames for artists' canvases and other similar items)

NIC 162903 classifies manufacture of wooden decorative articles (eg. statuettes, ornaments, candle holders, lamp bases, wooden frames for artists' canvases and other similar items) as a final six-digit manufacturing...

Key Facts

162903 at a Glance

Code 162903
Official title Manufacture of wooden decorative articles (Eg. statuettes, ornaments, candle holders, lamp bases, Wooden frames for artists' canvases and other similar items)
Version NIC 2025
Source authority MoSPI
Level Sub-class
Depth 5/5
Children 0
Last verified 2026-04-21

Source Verification for 162903

5 / 10

2 of 4 factors passing

How we calculate this score →
Practical Summary

What Manufacture of wooden decorative articles (Eg. statuettes Means Under NIC 2025

NIC 162903 is the final six-digit endpoint for Manufacture of wooden decorative articles (Eg. statuettes, ornaments, candle holders, lamp bases, Wooden frames for artists' canvases and other similar items). It should be selected only when the enterprise's primary manufacturing activity matches this title more closely than 162901 Manufacture of household utensils and kitchenware made of wood/plywood and articles made of leaf, 162902 Manufacture of cork and cork-based products, 162904 Manufacture of basket-ware and wickerwork products of straw, plaiting, willow, rattan, reed and bamboo and similar products (excluding furniture).

How To Choose

When to Choose 162903 Over Nearby Codes

Choose 162903 only when operations, invoices and revenue narrative align with Manufacture of wooden decorative articles (Eg. statuettes, ornaments, candle holders, lamp bases, Wooden frames for artists' canvases and other similar items). If the activity also includes 162901 Manufacture of household utensils and kitchenware made of wood/plywood and articles made of leaf, 162902 Manufacture of cork and cork-based products, 162904 Manufacture of basket-ware and wickerwork products of straw, plaiting, willow, rattan, reed and bamboo and similar products (excluding furniture), compare those pages before filing.

In this section

Common Questions About NIC 162903

Does NIC 162903 cover manufacturing or only selling the product?

Manufacturing codes apply when the business transforms inputs into a new product through mechanical, chemical, manual or industrial processes. Pure buying and resale should be checked under wholesale or retail trade.

What if the same factory makes several products near NIC 162903?

Choose the Sub-class that best matches the main product line by revenue or production value. If multiple product lines are material, compare 162901 Manufacture of household utensils and kitchenware made of wood/plywood and articles made of leaf, 162902 Manufacture of cork and cork-based products, 162904 Manufacture of basket-ware and wickerwork products of straw, plaiting, willow, rattan, reed and bamboo and similar products (excluding furniture) and document the primary activity before filing.

How do I verify that NIC 162903 is correct before filing?

Check the parent hierarchy, compare 162901 Manufacture of household utensils and kitchenware made of wood/plywood and articles made of leaf, 162902 Manufacture of cork and cork-based products, 162904 Manufacture of basket-ware and wickerwork products of straw, plaiting, willow, rattan, reed and bamboo and similar products (excluding furniture), and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.

What happens if I use the wrong NIC code in Udyam or MCA registration?

A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.

Is there a legacy NIC 2008 equivalent for NIC 162903?

Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.

NIC 2026 guidance

Before you select NIC 162903

NIC 162903 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.

Data Source and Verification Date

Source layer

Official NIC 2025 Excel and PDF from MoSPI.

Last verified

2026-04-21 from the generated NIC 2025 source layer used in this build.

Disclaimer

This is an independent reference tool. Verify filing-critical decisions in official sources.