Which one of the following industries is known as 'Sunrise Industry'? (1) Iron & Steel (2) Cotton Textile (3) Information Technology (4) Tea & Coffee

1 Answer

Answer :

(3) Information Technology Explanation: Sunrise industry is a colloquial term for a sector or business that is in its infancy, but is growing at a rapid pace. A sunrise industry is typically characterized by high growth rates, numerous start-ups and an abundance of venture capital funding. It is mostly used in the context of Information technology industry which has grown at great pace in the recent times.

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