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The Indian service sector is growing primarily due to rapid advancements in technology, which enhance efficiency and enable the delivery of a wide range of services. Additionally, the rise of a skilled workforce, particularly in IT and business process outsourcing, has attracted global companies to India. Economic liberalization and increased foreign investment have further fueled growth, while a burgeoning domestic market driven by urbanization and rising incomes also contributes significantly to the sector's expansion.
What else can I help you with?
What are the reasons for growing shares of service sector in all major economies of world?
Services Marketing at KIMEP ... same problem... :)
Which sector contributes maximum for indian gdp?
service
What is the contribution of service sector to the economy of Tanzania?
Contribution of the Service in Indian Economy?
Which of the following contributes maximum for growth in income of the Indian states?
Service sector.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
What are the reasons for growing shares of service sector in all major economies of world?
Services Marketing at KIMEP ... same problem... :)
Which sector contributes maximum for indian gdp?
service
What is the contribution of service sector to the economy of Tanzania?
Contribution of the Service in Indian Economy?
What became the fastest-growing industry in the US during the 1950?
The television industry.
Which of the following contributes maximum for growth in income of the Indian states?
Service sector.
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
How manufacturing sector differ from service sector?
Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
Internet banking comes under which sector?
service sector (tertiary sector)
What is Difference between service sector and non service sector?
Service sector implies providing the service directly to the end user/customer and would include employment such as waiter/waitress or taxi driver. Non-service sector would include assembly line worker or farmer.
Which is the fastest growing sector of the UK economy at the moment and why?
In fact there are three main types of sectors in the UK:1. The primary sector (raw materialism)2. The secondary sector > aka. the manufacturing sector (turns raw materials from the primary sector into goods)3. Tertiary sector > aka the service sector (producing services > for example education)According to recent figures + the fact you can see in daily life in the UK it is said that the 3rd sector is the fastest growing sector of the UK economy. But still the question remains of why?With rising incomes, consumers spend a larger and larger proportion of their incomes on services such as health, education and financial services.So we can conclude that it is all about the income people get and that they spend a larger proportion each time on the big subgroups in the service sector.
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
