Commerce and Industry Minister Suresh Prabhu will hold consultations with industry representatives next month on the proposed industrial policy.
The first meeting is scheduled on February 2 in Guwahati and the second on February 9 here, an official said.
The proposed policy, the draft of which has been prepared by the Commerce and Industry Ministry, will completely revamp the Industrial Policy of 1991.
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The department is working to formulate an outcome oriented actionable policy that provides direction and charts a course of action for a globally competitive Indian industry that leverages skill, scale and technology.
Among other things, the policy would endeavour to reduce regulations and bring in new industries currently in focus.
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