To promote sustainable industrialisation in the Union Territory of Pondicherry.
To gainfully utilize the human resource of the Territory and maximise employment.
To improve the standard of living and quality of life of the people of the Union territory.
To conserve the environment of Pondicherry for sustained and rapid industrial growth.
To participate in the globalisation of the economy with greater exports and imaginative imports.
To take advantage of the special features of Pondicherry including its heritage and culture.
To ensure balanced industrial development in all the regions of the Union Territory.
Strategy
In pursuit of the above objectives, Pondicherry Administration have decided to adopt the following strategies:
To Promote Sustainable Industrialisation in the Union Territory of Pondicherry. Industries, having high productivity and sound financial returns with less demand on environmental resources will be promoted. The "Priority Industries" have been listed in Schedule - I.
Thrust areas - Concerted and well co-ordinated efforts will be made to give special focus on certain identified thrust areas for their obvious compatibility with Pondicherry.
Agro Processing Including Marine Products
The strength of the coastal territory lies in the exclusive economic zone that awaits scientific harvest. The limited land of the territory, in essence, should be used as foothold for launching into sea based activities. Effective forward and backward linkages are required to sustain a symbiosis between industry and agriculture. Food processing industries can transform the productivity in agriculture.
Electronics and Software Development
This "Sunrise Industry" of the twenty-first century will prove to be a catalyst for all round development and quantum change in growth pattern. This high value - low volume industry with locally available technical manpower is bound to have abundant competitive edge.
Leather Products and Footwears
South India is traditionally known for leather processing and leather goods. Pondicherry has already made a remarkable beginning in this sub-sector. Leather goods form the second largest item of exports from this territory. However, this labour intensive industry cries out for greater value-addition, better market attuning and quality augmentation. Leather good from Pondicherry are much in demand all over the world. Its inherent advantages are waiting to be fully explored.
Light Engineering Including Auto Components
Not making unreasonable demands on the depleting subsoil water and having little air and water pollution hazards, light engineering and auto components manufacturing are quite compatible with the fragile ecology of Pondicherry. The growing transport sector of our country has considerable appetite for auto components.