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Sunrise Industry

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Sunrise Industry
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BY

ASHISH JAIN (NM COLLEGE) – 9820842680

SUBJECT: ECONOMICS

E-mail id: ashish1310@gmail.com

One Delhi based headhunter described it, “the current job scene is filled with rampant optimism.” And then he adds that almost every company seems to be “buying people” these days. Our optimism headhunter hasn’t really revealed sensitive information on shady defense deals, so what explains his hesitation to come on record? While he is still sure about the future, there is the apprehension that he might be forced to eat crow due to short term titanic events. “It was just take an Iraq war for the party to end,” says Rajeev Thakur, CEO, Grassik consultants, who quickly add that the Indian job market has expanded by 30-40 percent since last year. So what’s really happening out there and what kind of jobs are up for grabs? Well the sunrise industries do speak it all for them. Yes the sunrise industry is the future industry and they will offer immense job opportunities for skilled as well as unskilled persons. The biggest sectors where there in expected sunrise are in biotechnology and the I.T enabled services. Apart from these the others are telecom, retail business, insurance, housing finance, tissue culture, flori culture, aqua culture and the like. Now let’s see some of these in brief.

BIOTECHNOLOGY

If Information technology marked India’s debut into the global big league, biotechnology is being tipped to be the next big thing, which could help the country firmly establish itself on the global science and technology map. Going by the report of industry and research bodies, the sector holds immense potential for India’s economy.

GLOBAL BIOTECH DEVELOPMENT – INDIA’S ROLE:

Given India’s share at only 2% in the global biotech market, her role in the field of biotechnology has till now been a supplementary one. The country has trained and supplied high quality human resources and scientists for U.S universities and

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