Backward integration and Forward Integration definition
Backward integration and Forward Integration. Backward integration means if existing industrial unit commences production of raw material, intermediate products used for manufacturing of finished product and forward integration means existing industrial unit commences production of other Value added products in addition to product manufactured by them provided they enhance minimum 25% capital investment of eligible investment in the plant & machinery till commencement of commercial production. Such concession shall be granted only on products related to Backward integration and Forward Integration. For this purpose commercial production has to be commenced before 31st October 2014.