Which industry is known as sunrise sector of india?
Answers
Answer:
Explanation:
Information Technology (IT) is the industry known as sunrise sector of India.
Answer:
The sunrise industry is one that is new or is growing fast and expected to become important in the future. Examples; hydrogen fuel production, peteochemical industry etc.
Industries which are growing in a fast or rapid manner and also having a good need in future is known as sunrise industry.
Explanation:
A sunrise industry is new or fairly new, is increasing rapidly and is anticipated to become significant in the future.
And also a fresh and increasing sector is known as the sunrise industry, particularly in electronics and telecommunications. The IT sector is referred to as the sunrise industry as it has grown rapidly over the past ten years.
Some of the examples are for this industrial sector is Hydrogen fuel production, petrochemical industry and food processing industry.