The Indian economy is a $2.0 Trillion economy . In terms of global economic sizes, India represents just over 3% of the world economy. In 1991, India opened up its previously closed economy leading to tremendous growth in the years since. One of the sector that has grown strongly since the liberalization of the economy is the service sector.According to the latest data available, the service sector accounts for about 64% of the GDP. Agricultural and related services amount to only 15% of the Indian economy.
The Composition of India GDP
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Source: Tracking progress in numbers, The Hindu Business Line, July 24, 2016
