For operating and running a business in India, it is necessary to obtain a Trade License. Any business that wants to manufacture or store goods or commodities or engage in a service must have a trade license before they can begin the same. A business establishment is required to apply for a trade license at least 3 months before undertaking any activity such as manufacturing or provision of goods and services. There may be multiple licenses required by a single business entity depending on the products manufactured or services provided, the location of the business and the number of people employed.