New Delhi, Sept. 10 -- India is entering a new phase of industrial growth, with private-sector participation and government support creating significant opportunities across six emerging sectors -- semiconductors, space, aerospace, electronics, solar manufacturing and data centres, brokerage firm Jefferies said in its latest equity strategy report.

Jefferies described the trend as "India's New Industrial Revolution", saying the country's existing manufacturing capabilities, large domestic market and policy support are providing a strong base for the next set of growth engines.

"India's next industrial revolution is being built on an already significant manufacturing base," the brokerage said. It noted that India is already a major globa...