Service Sectors in India

Delivering India’s Service Excellence to the World

India’s Service Sector is playing a pivotal role in the growth of Indian Economy and employment generation. Over the years, Service Exports has constantly been giving trade surplus for India. India marks its position Globally by the ranked 6th Largest exporter (3.3% of World Exports) and 7th Largest importer (3.1% of world imports) in commercial trade services.

The service sector in India emerges as a significant player in terms of its contribution to national and states incomes, trade flows, and FDI inflows. India has export potential in many skill-based and labor-based services. For India services, particularly important are professional services, R&D services, consultancy services, printing and publishing services, telecommunication services, educational services, some financial and entertainment services. Therefore, India has great potential to be outsourcing destination for many above services.

Service Sector works in various domains :

• Health Services 
• Hotel and Tourism
• Advertising Services
• Consultancy Services
• Entertainment Services
• Architectural Services
• Legal Services
• Accounting Services
• Environmental Services
• Marketing Services
• Printing and Publishing Services
• Educational Services

Service Sector is the largest and fastest growing sector in the Indian Economy, marking as high as 59% contribution to total GDP of India. Service Export is one of the key thrust areas of the Government of India. Majorly around 12 millions workforce seeking employability every year in sector alone. With the rapid growth in cities and industrialization on SEZ, will subject to bring mega job creation for boosting GDP of a country. As Government of India regularized the norms and taxes in the sector for Nation growth participation and development.

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