An industrial strategy is a plan developed by governments or organizations to enhance the growth and competitiveness of specific sectors within the economy. It aims to create jobs, boost productivity, and encourage innovation by providing support to industries deemed vital for national interests. This can include investments in technology, infrastructure, and workforce development. Such strategies often focus on key areas like manufacturing, technology, and renewable energy. By identifying strengths and weaknesses in these sectors, policymakers can implement targeted initiatives that foster collaboration between businesses, research institutions, and government agencies, ultimately driving economic growth and sustainability.