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Indian service sector

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  • 1. Services

2. Economic Activity Intangible Felt & Experienced Cannot Be Stored Does Not Result In Ownership. On The Spot Deal SERVICES ?? 3. Liberalization in 1991. Increase in consumer disposable income. Increase in population. Shift of population from rural to urban. Increase in purchasing power of women. Technological advancements. Increasing needs and wants with change in life style. SERVICE SECTOR IN INDIAN SCENARIO 4. 77 40.6 70.6 65.4 74 50.1 56.3 78.4 41.7 70.5 66.5 76 58.2 62.1 0 10 20 30 40 50 60 70 80 90 USA CHINA JAPAN BRAZIL UK INDIA RUSSIA 2001 2010 2011 SHARE OF SERVICE SECTORS TO GDP INTERNATIONAL COMPARISON 5. SERVICES & GDP 6. 14.6 16.7 17.1 16.9 16.5 17.2 25 7.6 8.2 7.8 7.1 13.8 14.8 15.9 16.6 17.2 14.8 13.5 12.8 14.5 14.3 6 7.9 8.8 8.2 0 4 8 12 16 20 24TRADE, HOTELS, REST AURANTS TRANSPORT,STORAGE, & COMMUNICATION Financing, insurance, re al estate & business services Community, social, & personal services construction Share and Growth of Indias Services Sector 7. SHARE OF STATES !! 8. 64.75% 53.20% 12.43% 11.90% 19.70% 25.30% 3.12% 9.60% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 1993-94 2009-10 AGRICULTURE INDUSTRIES SERVICES CONSTRUCTION SHARE OF EMPLOYMENT 9. 679, 6 8% 241, 2 4% 80, 8 % EMPLOYMENT IN RURAL AGRICULTURE SERVICE INDUSTRIAL RURAL AND URBAN 75, 8 % 683, 6 8% 242, 2 4% EMPLOYMENT IN URBAN 10. TOURISM SHIPPING & PORT SERVICES ONLINE SHOPPING REAL ESTATE & HOUSING IT & ITES R&D LEGAL SERVICES COMMUNICATION & POSTAL SERVICES EMERGING SERVICES 11. Growth revival Targeting big ticket services (tourism, medical, healthcare, shipping ) Retain and Expand Removing or easing domestic regulations Constantly changing & Diversifying CHALLENGES 12. GROWING.. ADJUST TO CHANGE CREATING VALUE & EMPLOYMENT IDENTIFYING NEW SECTORS MULTIPLE GAINS CONCLUSION 13. SHASHI KUMAR M R SHSS By Shashi Kumar M .R MBA NEW HORIZON COLLEGE OF MANAGEMENT STUDIES

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