Sunrise Sectors in India, Key Characteristics and Examples

Discover the emerging sunrise sectors in India driving innovation, investment, and economic growth across technology, green energy, and digital services.

Table of Contents

Context: The Union Finance Minister stated that India aims to double the share of manufacturing in GDP to 23%, helped by sunrise sectors.

What are Sunrise Sectors?

Sunrise sectors are industries in their early stages of development that are expected to experience rapid growth and have a significant impact on the global economy.

Key Characteristics of Sunrise Sectors:

High growth potential
Innovation driven
Investment Attractions
Emerging Startups

Examples of Sunrise Sectors

Clean Energy: Solar, wind, green hydrogen and other renewable energy technologies.
Semiconductors & Electric Mobility: Electric vehicle manufacturing and battery technologies.
Digital Technologies: Artificial intelligence, blockchain, quantum computing and cybersecurity.
Biotechnology: Genome editing, synthetic biology, and related fields.
Space Tourism: Commercial space travel and related industries.
Food Processing: Industries that transform agricultural products into ready-to-eat or packaged goods.