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Services industry contributes 55.5% to Indian GDP. binod@126.com
it's 5.8 % according to lates 2008 budget and service sector contributes to 56%
Simple Answer... Coz agriculture sector has 65% of population but contributes to only 15% of GDP. but tertiary sector has 15-20% of the population but contributes to 65% of GDP. Due to industrialization....primary and secondary sector modernized thus creating more chances of employment and greater payment of work. Tertiary sector's industries and HQ's are all set up in cities and offer greater salary...facilities...standard of living...job security [sometimes] and insurance [not in all industries].
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.