Our country is now at a new stage of its development - the stage of formation of a new social order. Further development of the Russian Federation at this stage depends on the magnitude of its economic potential. Lebensraum Russia is 17.1 million square feet. km. This is - 3 / 4 of the territory within the boundaries of the USSR in 1990 Russia's population - about 142 million people., Human resources - nearly 70 million people. Russia is home to about 3% of world population, but rather on its territory there are 35% of the total reserves of the world's resources, and more than half the reserves of strategic raw materials. In their overall assessment of every Russian is 3-5 times richer than Americans and are 10-15 times - all Europeans. Russian forest resources are 81.6 billion cubic meters. which makes up 95 percent of ex-Union. The area of arable land reaches 650 million hectares - two thirds of the former all-union. In the technological aspect of the material and Russia - the only country in the world, self-sufficient for intense socio-economic development. Currently, the development of Russian industry is undergoing a complex and lengthy stage of modernization. In the transformation economy industry in Russia is part of a complex set of industries. A special place in the engineering industry structure due to the fact that it has a determining influence on the development of productive forces and production relations. Industry, especially heavy industry, is the basis for the expanded reproduction of the economy. It will continuously play the means of production for their own development and for other areas of the market. The development of industry contributes to the rational distribution of productive forces, the comprehensive development of the economic regions of Russia and the effective use of various types of natural resources. The industrial potential of Russia submitted to the fuel and energy, manufacturing and defense. In Russia remains a major problem for development, effective functioning and growth of industry and one of its leading industries - engineering. Socio-economic disasters, national and state separation, break traditional economic ties, falling living standards and consumer demand have led to an investment slowdown and the crisis in the industry. Slight growth of individual sub-machine-building industry did not significantly affect the overall decline in the industry. At the present time it is necessary to draft and implement an industrial policy of Russia so as to create conditions for normal operation and a possible increase in engineering, as well as providing conditions for the continued expansion of domestic demand for domestic engineering products. The main factors contributing to the increase in volume of production engineering are the following: 1) To increase the volumes of fuel and raw materials sectors to increase exports, and 2) the relative stabilization of real income, and 3) a sharp slowdown in the rate of decline of investment in fixed assets in production facilities destination, and 4) increase in the number of productions through the issuance of import-substitution products of mutual joint ventures, and 5) an increase in certain types of products, causing a chain of technological growth of other engineering products, and 6) a significant increase in investment in the real economy. The development of industry contributes to the rational distribution of productive forces, the comprehensive development of economic regions, judicious use of rich natural resources. Industry is the basis for strengthening the country's defense, as produce all kinds and means of modern military equipment. Despite the fact that in the process of reforming the post-Soviet economy the share of industrial enterprises in the total number of companies and organizations decreased significantly (mainly due to a sharp increase in their number in the field of trade and services), and it currently remains very high. Thus, the industry determines the level of development of society and can not be the focus states for the above reasons. Therefore, industrial activity, above all, needs to be objectively developed and well-coordinated system of state regulation. At the present time in the current crisis the state is obliged to take responsibility for supporting the industry, using stimulating the development of market relations. In these circumstances it is necessary with the help of many legal, political, economic means to prevent the development of the process of de-industrialization of Russia, to preserve its industrial, scientific and technical potential as a base of reviving the economy and, subsequently, the socio-political development worthy of our country.