Question

Explain the factors or reasons that lead to the growth of service sector in India

Answer 1

Answer:

As like Bangladesh our government should have to give attention to our small industries like handloom, garments, bamboo,silk etc because it can easily reached out to less educated and financially poor family

Answer 2

High demand for services, growth of technology, and economic reforms are the reasons that lead to the growth of the service sector in India.

How do these factors affect the growth of the service sector?

• High demand for services- In India, the high demand for services increases in the sectors like banking, communication, and advertisement
• Growth of technology- Many technologies are developed in the IT sectors like the Internet, and telecommunication which is helpful for the growth of the service sector
• Economic Reforms- Many sectors in India invest in foreign companies which is helpful for the growth of the service sector