Draft Puducherry industrial policy 2012

In order to provide a sustainable industrial growth, a draft industrial policy, 2012 has been formulated. The goals set forth in the policy are intended to create a pollution free, less water intensive and employment oriented industrial growth. The industrial sector plays a vital role in the economic development. With the changing global and domestic environment, the new industrial policy has been framed which aims at promoting industrial growth in the context of overall economic development of the Union Territory with following goals: To achieve industrial growth rate of 7% p.a with manufacturing sector contributing 60% share to the GSDP; To establish/foster/facilitate synergy between Primary and Secondary sectors; and To establish an investment friendly climate through transparent and proactive governance.

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