The objective of the industrial policy is to create conditions for a rapid industrial development and a conducive investment climate, to develop the state of art technology and infrastructure to ensure planned and accelerated industrial development. To create a liberal environment for investors, to promote economic activities to ensure maximum capital investment in the state for increasing employment opportunities, improving the standard of living of people at large, to ensure all round development of the state, to accelerate a balanced development of the region/districts to prevent socio-economic distortions due to backwardness, to encourage establishment of manufacturing service sectors and clusters are some of the objectives of the draft policy. Its objective also includes better development opportunities to scheduled castes, scheduled tribes, other backward classes, handicapped, and women to ensure their participation in the development process.