Franco´s Regime considered itself pro-industrial from the start, though with high state interventionism.
In the first phase, that of the autarky (1939-1959) private industry was highly regulated and constrained, and the focus was put in the creation of a mega-holding of state-owned industries; the
INI (Instituto Nacional de Industria), inspired in Mussolini´s IRI (Istituto per la Ricostruzione Industriale).
Not like autarky was a big success, and in the 50s with a collapsing economy, measures were taken to liberalize (partly) the economy and "open" Spain to international economic relations, in a serie of cautious steps that led to the Stabilization Plan of 1959.
Though, backwards spanish industries took initially a hit facing foreign competence, in the end foreign investment and technology imports helped to boost the industry. Still, interventionism remained, so for example the INI survived and the Regime designated poles on the industrial growth: preferential cities for the installation of industrial companies.