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of <h1>India's Industrial Policy: Boosting Productivity, Employment, and Global Competitiveness Through Deregulation and Foreign Investment Incentives.</h1> The government's industrial policy aims to boost productivity, employment, and international competitiveness while transforming India into a global player. Key measures include deregulating industries, liberalizing industrial licensing, and removing locational restrictions for setting up industries. The policy supports small-scale industries by reviewing reserved items and removing equity restrictions. Non-Resident Indians receive concessions for investments, particularly in real estate and airlines. The Electronic Hardware and Software Technology Parks schemes promote electronics and software exports. Foreign Direct Investment is encouraged with a liberal regime, allowing significant foreign ownership in various sectors to enhance economic growth.
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