Services Sector in India

Tourism Services

1. Tourism is a major contributor to India’s economy, accounting for 9.2% of GDP and employing around 42 million people.
2. India ranks among the top destinations for cultural, heritage, and medical tourism.
3. Popular tourist attractions include UNESCO World Heritage sites like the Taj Mahal and cultural festivals like the Kumbh Mela.
4. Tourism generates significant foreign exchange earnings (FEE), contributing approximately $30 billion annually.

Introduction to IT and ITeS

1. The Information Technology (IT) and IT-enabled Services (ITeS) industries are among the fastest-growing sectors in India.
2. These industries encompass software development, business process outsourcing (BPO), data analytics, and cloud computing.
3. India is recognized as a global hub for IT services and outsourcing.

Key Statistics

1. The IT and ITeS sector contributes approximately 8% to India’s GDP.
2. Employs over 4.5 m

Introduction to the Services Sector

1. The services sector is a key contributor to India's economy, encompassing activities like trade, finance, real estate, IT, healthcare, and education.
2. It is often referred to as the tertiary sector as it supports primary (agriculture) and secondary (industry) sectors.
3. The services sector in India has witnessed rapid growth since the economic reforms of 1991.

Role in GDP

1. The services sector contributes over 50% to India’s Gross D