"industry cornerstone" is a correct and usable phrase in written English.
It can be used to refer to something that is essential or foundational to a particular industry or field. Example: "Digital marketing has become the industry cornerstone for many businesses, replacing traditional methods of advertising."
And, third, it sees the opportunity to take a page out of America's 20th-century playbook, making a large domestic automobile industry the cornerstone of global economic leadership.
The tourism industry – a cornerstone of Egypt's economy – was badly affected in the weeks following the crash as the both Britain and Russia moved to evacuate their citizens from the previously popular destination.
Sharm el-Sheikh, a network of opulent resorts, sandy beaches and neon-lit bars, had remained the last stronghold of Egypt's struggling tourism industry, the cornerstone of its economy.
Egypt's tourism industry, a cornerstone of the economy and a critical source of hard currency, has been struggling since the 2011 uprising that ended Hosni Mubarak's 30-year rule and ushered in a period of political and economic upheaval.
Iraq has the second largest oil reserves in the world, after Saudi Arabia, and the Bush administration has made restoration of the oil industry the cornerstone for the revival of the economy in a post-Saddam Hussein Iraq.
"It will power thousands of homes with clean energy, and also support the whisky industry, a cornerstone of our economy which brings in billions for Scotland and employs over 10,000 people".
Egypt's tourism industry, a cornerstone of the economy, has been badly impacted by terrorism over the years and it took a new hit from the crash.
Five years ago, we all remember that our auto industry, a cornerstone of this region's economy, was on the brink of collapse.
But as the Chinese work to build industrial cornerstones like the auto and semiconductor industries, this may change.
Our aviation industry is a cornerstone of the global economy.
