anchor industry vs flagship industry

Both 'anchor industry' and 'flagship industry' are correct phrases used to refer to a leading or dominant industry within a particular region or sector. They are interchangeable and convey the same meaning.

Last updated: April 01, 2024 • 981 views

This phrase is correct and commonly used to refer to a leading or dominant industry within a particular region or sector.

"anchor industry"

The term 'anchor industry' is used to describe a key industry that plays a significant role in supporting the economy of a region or sector.

Examples:

The automotive sector is considered the anchor industry in this region.

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News anchor Jack Eldridge became a part of his own story yesterday, as what many industry insiders called a ratings stunt backfired.
The advantage of the euro, as a sheet anchor and reserve currency, will be partly the guarantee it offers of stability and improved performance by European industry.

Alternatives:

key industry
dominant industry
leading industry

This phrase is correct and commonly used to refer to a leading or dominant industry within a particular region or sector.

"flagship industry"

The term 'flagship industry' is used to describe a key industry that serves as a symbol of excellence or leadership within a region or sector.

Examples:

The technology sector is the flagship industry of this city.

Show examples from the web [+]

However, the main thing is that it enables MEPs to express a rather progressive opinion on the EU 2020 strategy's flagship programme dedicated to industry.
What specific measures does the Commission intend to take to keep this flagship European industry, which is essential for Europe's independence and competitiveness, within European territory and under European management?
The participation of workers is required if we are to maintain the competitiveness and quality of European industry in flagship projects such as Airbus and others that are less well-known, but crucial if we are to turn Europe into the competitive economy that we want to see.
However, the European Commission has consistently sidelined energy efficiency as a flagship policy in favour of hammering the motor industry.
We need industrial flagships if we are to be competitive in the world and we need clusters of SMEs and industrial flagships in order that SMEs may derive competitive impetus from the competitiveness of industry.
The state of our industry is robust, and our flagship, the euro, has indeed steered us through the straits.
One of the flagship projects of the first pillar of the Baltic Sea Strategy targets the removal of phosphates from detergents in those countries where the industry still uses them.
It will contribute to the Europe 2020 strategy and in particular to its Innovation Union flagship initiative as the mobilisation of European high-tech industries, which are involved in the construction of ITER, should provide the Union with a global competitive advantage in this promising sector.
Mobilising first movers in industry by means of the Flagship Programme and providing real commercial benefit.

Alternatives:

leading industry
dominant industry
key industry

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anchor industry vs flagship industry

"anchor industry"

"flagship industry"

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