Importance The situation in industrial production development has aggravated this year in Russia and requires primary attention, considering the role the industry plays in the post-industrial reproduction. It is reasonable to review actual factors that obstruct the process of the national industrial development. Objectives The research determines the existing trends in investment processes of the industrial sector and main factors that impede industrial production growth. Methods The research draws upon the methods for making time series and their graphic visualization, statistical groupings of industrial enterprises per investment purpose, and factors impeding investment activities, comparison of some indicators of various countries. Results Small, medium-sized and large industrial enterprises suffer from the same factors that impede the development of their production processes. Most of the mentioned factors stem from insufficient development of Russia's financial market and unavailability of borrowings. It means that there is a need in a more effective State economic and industrial policy. Conclusions and Relevance As prioritized by the industrial policy, vertical industrial clusters should be set up so to integrate similar industrial productions. Such integrated structures may include targeted and efficient measures to tackle shortage of finance and high taxes. Amid such economic relations, the State can and should play the key role through public-private partnership.
Keywords: industry, investment, business confidence, industrial policy
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