In the financial year 2022-23, the tertiary sector (also known as the services sector) contributed the major share to India's Gross Domestic Product (GDP).
The tertiary sector includes industries such as information technology, finance, healthcare, education, tourism, retail, and other services. In 2022-23, the services sector played a dominant role in India's economic growth, accounting for a significant portion of the country's GDP.
This shift towards services is part of a longer-term trend where the tertiary sector has gradually surpassed the secondary (industrial) and primary (agriculture) sectors in terms of economic contribution.
