why india is known as service sector market?

Answer 1

In India the main business is the Agriculture and In agriculture normally persons are free after doing hard labour for short span of time. The remaining period the farmers want to be engaged in some factory jobs to fetch some money.
Again, India is a developing country, there are several industries setting up here, As there are several part time Job seekers due to large unemployment in our country that they work even for a very low wages compared to developed country.
Next, Every Items requires its maintenance and that the service sector does, Indian being too keen of their culture of keeping the Items with them and Indians do not will to throw the Items for a exchange of new ones, So the Service sector is prominent Here.
And so over all we can say
India is a Service Sector Market.

Answer 2

it is due to fact that :
1 india did not had a industrial revolution like the european and the american nations had.

2 the long rule of the english did little for this industrial revolution

3 the policy followed post independence did not allow business to flourish, leave alone an industrial revolution

4 the advent of new techonology, mainly IT did not let it happen.

5 with the jobs coming in the IT sector, the economy became more of a service one

Answer 3

Because they are willing to do the menial tasks of providing a service that no one else wil do without charging a higher price. Most people don't want to work for a bowl of rice. So they take the buisness off shore to Places like india exploit the cheap labour and increase their profit margins

Answer 4

51% of the Indian GDP comes from Service Sector.

Answer 5

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