The monograph examines the main directions of the comprehensive transformation of the modern industrial policy of Russia in the context of solving the problems of restoring the growth of the domestic economy on the basis of new industrialization and innovative development. Taking into account global trends, domestic mechanisms and instruments for regulating industrial development processes are studied in detail, including issues of interaction of industrial policy with other components of macroeconomic policy: structural, investment, regional, scientific and technical, personnel, etc. Ways to improve the institutional environment of industrial development, including financial development institutions, the institution of contract relations and partnerships between small and large businesses, are being analyzed.