{"id":334317,"date":"2025-04-25T15:36:19","date_gmt":"2025-04-25T10:06:19","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=334317"},"modified":"2025-05-01T12:54:37","modified_gmt":"2025-05-01T07:24:37","slug":"sunrise-sectors","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/sunrise-sectors\/","title":{"rendered":"Sunrise Sectors"},"content":{"rendered":"<p><strong>News:<\/strong> India aims to double the share of manufacturing in GDP to 23% helped by sunrise sectors.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-335113\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?resize=562%2C373&#038;ssl=1\" alt=\"Sunrise Sectors\" width=\"562\" height=\"373\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?resize=300%2C199&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?resize=1024%2C680&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?resize=768%2C510&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 562px) 100vw, 562px\" \/><\/p>\n<h2>About Sunrise Sectors<\/h2>\n<ul>\n<li>It refers to <strong>industries<\/strong> that are relatively <strong>new<\/strong>, rapidly <strong>growing<\/strong>, and have significant <strong>potential<\/strong> to drive future economic <strong>growth, innovation, and employment<\/strong>.<\/li>\n<li><strong>Features: <\/strong>\n<ul>\n<li>High rates of expansion<\/li>\n<li>Technological advancement<\/li>\n<li>Ability to attract substantial investments and talent<\/li>\n<\/ul>\n<\/li>\n<li><strong>Importance of sunrise sector<\/strong>: It helps in <strong>scaling up manufacturing potential<\/strong> of a country to absorb a <strong>youthful workforce, reduce import dependencies<\/strong> and build <strong>competitive global supply chains.<\/strong><\/li>\n<\/ul>\n<h2>Sunrise sectors in India<\/h2>\n<ul>\n<li>India aims to significantly boost its <strong>manufacturing sector&#8217;s contribution to GDP from 12% to 23% in the next two decades<\/strong>, prioritizing job creation and economic expansion.<\/li>\n<li><strong>Recognition:<\/strong> The Indian government has <strong>identified 14 sunrise sectors <\/strong>such as<strong> semiconductors<\/strong>, <strong>renewable energy components<\/strong>, <strong>medical devices, pharmaceuticals, hydrogen mission, electrical vehicles and batteries, Agro and Food Processing (A&amp;FP)<\/strong> and so on in order to strengthen manufacturing.<\/li>\n<li>India has introduced the <strong>production-linked incentive<\/strong> <strong>(PLI) scheme <\/strong>to promote them.\n<ul>\n<li>PLI is also offered to sectors that also have <strong>greater employment potential<\/strong> like electronic goods and similarly <strong>labour intensive sectors<\/strong> like textile and leather.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: India aims to double the share of manufacturing in GDP to 23% helped by sunrise sectors. About Sunrise Sectors It refers to industries that are relatively new, rapidly growing, and have significant potential to drive future economic growth, innovation, and employment. Features: High rates of expansion Technological advancement Ability to attract substantial investments and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/sunrise-sectors\/\">Continue reading <span class=\"screen-reader-text\">Sunrise Sectors<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":335113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872],"class_list":["post-334317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/04\/Sunrise-Sectors.png?fit=1280%2C850&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/334317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=334317"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/334317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/335113"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=334317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=334317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=334317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}