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.