TaxTMI 
TaxTMI 
India Has Second Fastest Growing Service Sector
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....ndia Has Second Fastest Growing Service Sector <br>News and Press Release<br>Dated:- 9-7-2014<br><BR>* India ranked 12th in terms of services GDP among the world's top 15 countries. * India has the ....
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....second fastest growing services sector with its CAGR at 9.0 per cent, just below China. * The growth rate of the combined category of trade, hotels, restaurants, transport, storage, and communicatio....
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....ns decelerated to 3.0 per cent. * Financing, insurance, real estate, and business services grew robustly at 12.9 per cent. * Services constitute a 57 per cent share in GDP at factor cost in 2013-1....
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....4. * India's share in world inbound tourist arrivals increased to 0.63 per cent in 2013. * The size of domestic tourism has also crossed an estimated 1.1 billion annual travel visits. * The IT-B....
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....usiness Process Management (BPM) sector grew by an estimated 10.3 per cent, reaching US$ 105 billion in 2013-14. * Services like software and telecom were big ticket items that gave India a brand im....
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....age in services.<BR> News - Press release - PIB....