The services sector is a key component of India’s GDP, employment, trade, and foreign direct investment flow, and is the largest sector of the Indian economy contributing significantly to economic growth. India is among the top ten World Trade Organization member countries in trade in services. India's central bank, the...
World Bank projects 2010 India growth at 7.5 percent
The Worlds Bank's annual Global Economic Prospects 2010 Report says that India "is expected to grow at 7.5-8 % in 2010-11 and 2011-12, respectively, well above the 6.4 % average posted during 1995-2005". India's own central bank, the Reserve Bank of India had already estimated growth in India at 7.5%...