10
10.1
Chapter ervi es e tor
ServiceS
Sector
India’s dynamic services sector has grown rapidly in the last decade with
almost 72.4 per cent of the growth in India’s GDP in 2014–15 coming from
this sector. Unlike other developing economies, the Indian growth story has been
led by services-sector growth which is now in double digits.*
In This Chapter...
Introduction Global Negotiations
India and Global Services Restrictions and Regulations
Research and Development (R&D) Services The Need for Reforms
Space Services Outlining Future
Manufacturing vs. Services
* Ministry of Finance, Economic Survey 2014–15, Vol. 2 (New Delhi: Government of India, 2015), p. 106.