What are the major sectors contributing to the Indian economy
Explain the top contributors to the Indian economy and their percentage share in GDP
- Agriculture: Agriculture is the backbone of the Indian economy, employing over 50% of the country's workforce. It contributes around 15% to the country's GDP.
- Manufacturing: The manufacturing sector accounts for approximately 16% of the Indian economy. It is dominated by industries like textiles, pharmaceuticals, and automobiles.
- Services: The service sector is the largest contributor to the Indian economy, with a share of around 55% in GDP. It comprises industries like IT, banking, and tourism.
- Construction: The construction sector is a major contributor to the Indian economy, contributing approximately 8% to GDP.
- Infrastructure: The infrastructure sector, which includes industries like power, telecommunications, and transportation, accounts for approximately 12% of the Indian economy.
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