Services
Economic Activity
Intangible
Felt & Experienced
Cannot Be Stored
Does Not Result In Ownership.
On The Spot Deal
SERVICES ??
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
USA CHINA JAPAN BRAZIL UK INDIA RUSSIA0
10
20
30
40
50
60
70
80
90
77
40.6
70.665.4
74
50.156.3
78.4
41.7
70.5
66.5
76
58.2 62.1
2001
2010
2011
SHARE OF SERVICE SECTORS TO GDP
INTERNATIONAL COMPARISON
SERVICES & GDP
2000-01
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
0
4
8
12
16
20
24
14.616.7 17.1 16.9
16.517.2
25
7.6
8.2 7.8 7.1
13.814.8
15.9 16.6 17.2
14.8 13.5 12.814.5
14.3
6
7.9 8.88.2
TRADE, HOTELS, RESTAURANTS
TRANSPORT,STORAGE, & COMMUNICA-TION
Financing, insurance, real estate & busi-ness services
Community, social, & personal services
construction
Share and Growth of India’s Services Sector
SHARE OF STATES !!
1993-94 2009-100.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
64.75%
53.20%
12.43%11.90%
19.70%25.30%
3.12% 9.60%
AGRICULTURE
INDUSTRIES
SERVICES
CONSTRUCTION
SHARE OF EMPLOYMENT
679; 68%
241; 24%
80; 8%
EMPLOYMENT IN RURAL
AGRICULTURE
SERVICE
INDUSTRIAL
RURAL AND URBAN
75; 8%
683; 68%
242; 24%
EMPLOYMENT IN URBAN
TOURISM
SHIPPING & PORT SERVICES
ONLINE SHOPPING
REAL ESTATE & HOUSING
IT & ITES
R&D
LEGAL SERVICES
COMMUNICATION & POSTAL SERVICES
EMERGING SERVICES
Growth revival
Targeting big ticket services (tourism, medical,
healthcare, shipping )
Retain and Expand
Removing or easing domestic regulations
Constantly changing & Diversifying
CHALLENGES
GROWING……………..
ADJUST TO CHANGE
CREATING VALUE & EMPLOYMENT
IDENTIFYING NEW SECTORS
MULTIPLE GAINS
CONCLUSION
SHASHI KUMAR M R
SHSS
By Shashi Kumar M .R MBANEW HORIZON COLLEGE OF MANAGEMENT STUDIES
