India's Services Sector Growth Driven by Communication and Technological Advances
The paper examines why India's services sector has been growing rapidly. Factors like demand for services, increased usage by other sectors, and exports have contributed to this growth. Reforms and technology advancements have also played a role. The potential for further growth in services exports is high, but deregulation is needed. Despite the growth in services, employment in the sector has not increased significantly, highlighting the importance of growth in industry and agriculture as well.