
Industrial Reforms
Industrial reforms refer to changes implemented in an economy to enhance industrial performance and competitiveness. These reforms often include updates to regulations, improvements in infrastructure, and policies aimed at attracting investment and fostering innovation. The goal is to create a more efficient and productive industrial sector that can adapt to global trends, create jobs, and drive economic growth. Throughout history, countries have undertaken industrial reforms to address issues like outdated practices, bureaucratic hurdles, and market inefficiencies, leading to a more dynamic and resilient economy.