sunrise industry


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sunrise industry

n
(Economics) any of the high-technology industries, such as electronics, that hold promise of future development
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.sunrise industry - a new industry that is expanding rapidly (especially telecommunications or electronics)
electronics - the branch of physics that deals with the emission and effects of electrons and with the use of electronic devices
telecom, telecommunication - (often plural) systems used in transmitting messages over a distance electronically
industry - the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
"They are also an indication that mining is indeed a sunrise industry in South Africa.
It may be in a highly competitive industry-even if you say it's not a sunrise industry with so many players-there's still room for originality like in apparel,' Atencio says.
Aerospace is what people would call a 'sunrise industry' and there's still so much to be done as both travel and trade grow," said Rolly Tan, General Manager at Applied Machining.
With focused segments incorporated within the show, the three-day trade fair will draw attention to growing trends and application areas within the industry including the country's first denim wrapped car highlighting denim fabric manufacturing as a sunrise industry in the textile value chain of India.
They think celebrity innovators like Musk, whose net worth exceeds $20 billion can add legitimacy to the sunrise industry.
The textile and garment industry used to be competitive in the export market and was even considered a sunrise industry during the 1990s, according to the Board of Investments (BOI), an attached agency of the Department of Trade and Industry.
The Joint Foreign Chambers of the Philippines (JFC) said it expects the 'creative, infrastructure, manufacturing and tourism sectors to grow in 2019 at a solid rate.' It dubbed the creative economy, comprised of media, publishing and the arts, as 'the country's newest sunrise industry.'
Aviation financing in Qatar is growing as a sunrise industry and hosting this seminar provided the much-needed nuances into the upcoming industry to prepare the young entrepreneurs towards capturing newer horizons.
Speaking at the same event, Niti Aayog Vice Chairman Rajiv Kumar said that he sees electronics industry as sunrise industry. Kumar also said India's electronics industry should scale up and aspire to become USD 150 billion industry in the next five years.The first National Policy on Electronics was rolled out in 2012, which offered incentives to companies setting up manufacturing units in the country.
It is a sunrise industry of the Philippines, it also has a low barrier to entry.
Pharma is a Sunrise industry which can lead to economic prosperity.