View: India’s ability to globally drive five sunrise sectors holds the key to its sustained growth

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India should take the lead in supporting the manufacturing and scaling up of these new-age chemistries that will advance battery storage.

Synopsis

Japan, South Korea, Taiwan and later China focused on sunrise sectors, unleashed a wave of reforms and embraced innovation to grow on a sustained basis for long time periods. In India, the key to a disruptive transformation lies in five sunrise areas of growth.

Covid-19 has extensively disrupted economies and lives. At the same time, it has presented us with unique opportunities that can be leveraged. Japan, South Korea, Taiwan and later China focused on sunrise sectors, unleashed a wave of reforms and embraced innovation to grow on a sustained basis for long time periods. In India, the key to a disruptive transformation lies in five sunrise areas of growth.

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