What is the role of service industry in indian economy?

Question

What is the role of service industry in indian economy?

Answer 1

It is the main engine of Indian economy and if it fails, whole of Indian economy will falter.

Answer 2

it plays an important role in indian econmy it accounts nearly53%of G.D.P the employment rate provided by this sector is very high when compasred to the other sectors. i think that in the very few years india can become a developed economy because of the role played by this service sector.

Answer 3

Service industry is the revenue earner in Indian economy.

They work to ensure good quality service and satisfy foreign clients from all over the world who come back with newer projects.So more work opportunities and more money.More money means more growth of company and if such companies grow they result in global growth for indian economy.