The article author analyzes the terms industrial policy and its changes during different time periods; the author describes the pro and contra of the industrial policy use; the author examines the appropriateness of different industrial policy use schemes developed by different economic policy theory champions. The author gives the theoretical base for the industrial policy formation process and systemically describes the Russian policy building experience; she identifies the specifics of the national industrial policy developed in the 21st century Russia and describes the policy features that the Russian national and foreign countries' industrial policies have in common. The article stresses the regional aspects of the policy use, in particular, the way it was developed and put into practice in the Russian Sverdlovsk Region.