The term ldquo Sunrise industry rdquo often remains in news with respect to economy of India It refe...........

Economic Affairs Industrial Policy and Industrial Growth

The term “Sunrise industry” often remains in news with respect to economy of India. It refers to

A industry which is performing well after long period of stagnation due to economic recessions.

A new industry that is expanding rapidly and is expected to be increasingly important in the future.

The industrial units manufacturing components for producing solar energy.

None of the above

A new industry that is expanding rapidly and is expected to be increasingly important in the future.

A sunrise industry is a new industry that is growing fast and is expected to become important in the future.
Examples of sunrise industries include hydrogen fuel production, petrochemical industry, food processing industry, space tourism, and online encyclopedias.