Question

Q2 Although the share of services in the GDP of developing economies is lower than in
the developed ones, the service sector has been growing very fast in the developing
world. The share of services in the GDP of India increased from 39 percent in 1980
to 54 percent in 2019.
How does GDP, share of different sectors & related concepts of economy impact the
business environment of country?
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Answer 1

India has the world's fourth-largest natural resources, with mining sector contributes 11% of the country's industrial GDP and 2.5% of total GDP.

...

Economy of India.