V There are three sectors in the Indian economy

V Agriculture
V Manufacturing
V Service
à These sector¶s contribution in the economy is increasing.

à Level of production, productivity, & technology is also increasing.

ÃManufacturing industries are on the rise in India. While the service sector is
traditionally the strongest segment of the Indian economy, the manufacturing sector is
an important component which continues to experience steady growth, currently
constituting fifteen percent of the Gross Domestic Product.

Kartikeya Tiwari
u
   
    

 
   

ear Gross domestic

product

1950-51 to 1979-80 3.50

1980-81 to 1990-91 5.40

1991-92 to 2004-05 6.09

Kartikeya Tiwari
Kartikeya Tiwari
India Gross Domestic Product (GDP) expanded 7.90% over the last 4 quarters.

ÑIndustry accounts for 28% of the GDP . In absolute terms, India is 16th in the world in terms
of nominal factory output.

ÑEconomic reforms brought foreign competition, led to privatization of certain public sector
industries, opened up sectors hitherto reserved for the public sector and led to an expansion in
the production of fast-moving consumer goods.

ÃTextile manufacturing is the second largest source for employment after agriculture and
accounts for 26% of manufacturing output. Ludhiana produces 90% of woolens in India and
is also Known as the Manchester of India. Tata Motors' Nano attempts to be the world's
cheapest car.

ÑThe share of India's IT industry to the country's GDP increased from 4.8 % in
2005-06 to 7% in 2008.

Kartikeya Tiwari
„ d ma y ma y more«..

Kartikeya Tiwari