Well, there is a ban for producing/mining the one. But there is no law in India which has been formed which prevents using the one. Infact India imports from different countries, though in other countries using it is strictly banned/prohibited by law.,
Hence, Legally speaking, there is no law supporting against the use of asbestos, but most of the industries have already taken the step to avoid using the same, if your company is not bothered about the health of employees and people around, it may continue its usage.......