The major aim of indigenization is to

The major aim of indigenization is to accelerate the participation of citizens in business. Indigenization policies seek to promote local ownership and control of businesses within a country, especially in key sectors of the economy. This is often achieved by reducing foreign ownership and control of businesses and encouraging local ownership and control. The aim is to ensure that the economic benefits of business activity are shared more widely across the population, and that local entrepreneurs are able to build and develop their own businesses, thereby contributing to the growth and development of the economy as a whole.