Service Sector in India today accounts for more than half of India's GDP.The fact that the service sector now accounts for more than half the GDP marks a watershed in the evolution of the Indian economy and takes it closer to the fundamentals of a developed economy.Services or the "tertiary sector" of the economy covers a wide gamut of activities like trading, banking & finance, infotainment, real estate, transportation, security, management & technical consultancy among several others.Recessio   ... More

Service Sector in India today accounts for more than half of India's GDP.The fact that the service sector now accounts for more than half the GDP marks a watershed in the evolution of the Indian economy and takes it closer to the fundamentals of a developed economy.Services or the "tertiary sector" of the economy covers a wide gamut of activities like trading, banking & finance, infotainment, real estate, transportation, security, management & technical consultancy among several others.Recession worldwide and slowdown in india has certainly impacted the services industry badly , and its reflecting in the order books.The leading players in the IT industry have lowered their guidance and sectors like hospitality arent faring too well . Consumer confidence is at a all time low thus hiting sales directly.Lets share and discuss the impact recession has had on the services industry.We invite you share your point of view through videos,presentations,blogs,files or discussions.    Hide