• Kausar Ahmed

The services sector is not only the leading sector of India's GDP, but has also concerned major inflows of foreign investment, contributed significantly to exports and created large-scale jobs. The service sector in India encompasses a broad range of actions such as commerce, hotels and restaurants, transport, storage and communication, financing, insurance, real estate, commercial community, social and personal services and services related to construction. The service sector is the main driver of India's economic growth. It is estimated that the sector will contribute about 54% of India's gross value added in 2017-18 and will employ 28.6% of the total population. India's net services exports increased 14.98% year-on-year to reach US $ 77,562.89 million in 2017-18P. According to preliminary estimates from the Ministry of Statistics and the implementation of the 2017-2018 National Revenue Program, the GVA of the services sector is expected to reach US $ 1,266.10 million in FY18. The Indian Government recognizes the importance of promoting growth in service sectors and offers various incentives in a wide variety of sectors such as health, tourism, education, engineering, communications, and transportation, among others. This study examines the service sector and its trends to contribute to India's GDP in many ways. The study also reveals that employment in India is facing important factors such as the economic crisis, the gap between programs and industry demand and jobless growth.

Service Sector, GDP, trends, economy, India.

"Current Service trends in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.564-572, August-2018, Available :http://www.jetir.org/papers/JETIR1808227.pdf

"Current Service trends in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp564-572, August-2018, Available at : http://www.jetir.org/papers/JETIR1808227.pdf