To promote the balanced growth of Industry & Commerce in Jammu & Kashmir through sustainable utilization of natural resources and development of human skills.
To create an enabling and entrepreneurial friendly environment in all regions of the State which will facilitate the sustainable growth and development of Industrial enterprises including Cottage and Village industries.
To encourage new investment in industries and facilitate new entrepreneurs.
To encourage and create conditions that will enable the promotion of human resource skills, creation of new employment opportunities and development of new designs in the Handloom and Handicrafts Sector.
To enable the optimum and sustainable usage of the State Mineral Resources.