Where in the world is traditional industry? Where in the world is the high-tech industry?

The Indian economy has a thriving traditional industrial sector, which includes handloom products, coir fiber, cashews, tiles and bricks, handicrafts, spices, and marine products. This sector of the economy generates employment opportunities in rural areas and also earns foreign exchange through large-scale exports. In the liberalized economy of India, there are fears that the traditional industries may begin to disappear due to the presence and pressures of large industrial enterprises, both domestic and foreign.

High- tech industry

Many countries and regions like United States, Singapore, Canada, Greece, Italy, Denmark, Belgium, the Netherlands, Norway, Ireland, Iceland, Israel, Japan, the United Kingdom, Estonia, Australia, Germany, South Korea, Taiwan, Hong Kong, Finland, Spain, Sweden, Brazil and France can be in general considered high-tech societies in relation to other countries, since it is common for its citizens having access to technology that is presently at the cutting edge.

Silicon Valley is home to many of the world's largest technology corporations. The term originally referred to the region's large number of silicon chip innovators and manufacturers, but eventually came to refer to all the high-tech businesses in the area. Despite the development of other high-tech economic centers throughout the United States and the world, Silicon Valley continues to be the leading hub for high-tech innovation and development, accounting for 1/3 of all of the venture capital investment in the United States