Tenth Plan proposed a growth rate of 10 per cent for the industrial sector. It has put emphasis on modernisation/technology up gradation, reducing transaction cost, increased export thrust, so as to enhance global competitiveness and achieve bal­anced regional development. For balanced indus­trial development, industrial policy packages have been announced for special category states like Uttaranchal, Himachal Pradesh, J & K and North East States.

Social security issues have been ad­dressed through insurance cover for workers in handloom, agro and rural industrial and processed marine product sector. Other major highlights of the sector include creating investor-friendly climate, evaluation of Growth Centre Scheme, quarterly per­formance review, experience sharing between states, identification of frontier technologies nano tech­nology, information and communication technolo­gies, formulation of National Export Insurance Ac­count for Project Exports and testing facilities in Auto Sector.