The principal objectives of this Policy are:
(i) To accelerate the country"s transition to a globally oriented vibrant economy with a view to deriving maximum benefits from expanding global market opportunities
(ii) To stimulate sustained economic growth by providing access to essential raw materials, intermediates, components, consumables and capital goods required for augmenting production.
(iii) To enhance the technological strength and efficiency of Indian agriculture, industry and services, thereby improving their competitive strength while generating new employment opportunities, and to encourage the attainment of internationally accepted standards of quality.
(iv) To provide consumers’ with good quality products at reasonable prices.