The document discusses the services sector in India. It notes that the services sector has grown significantly in India due to liberalization in 1991 and increasing consumer disposable income, urbanization, and technological advancements. The services sector now accounts for over 50% of India's GDP, higher than countries like China and Brazil. Within the services sector, trade, hotels, restaurants and transport, storage, and communication have been the largest contributors to growth. The sector employs a large and growing percentage of the urban workforce. Emerging services industries in India include tourism, IT/ITES, online shopping, and real estate. For the services sector to further grow, India needs to target large services industries, ease domestic regulations, and identify new high-