ranjan

Growth of service sector in India is a unique example of leap - frogging traditional models of economic growth. Since independence, the contribution of service sector in India to the country's GDP is a lion's share of over 60%. Since it employs only 25% of the labor, agriculture and manufacturing has not yet risen to its full potential.   The service sector in India becoming the mainstay of not only for growth in GDP but also a  key vehicle for employment generation. This sector is of soft parts of the economy such as activities where people offer their knowledge and time to improve performance, productivity, potential and sustainability. India's service sector has been the powerhouse of the country's economic growth.                Services contribute massively to India's integration with world markets through trade and FDI flows. Growth has been rapid in Software, Business, Communications and Financial services among others. The service sector activities can be gr