Question
According to revised sectoral estimates for FY26, what growth rate has been projected for the tertiary (services) sector?
Solution
The tertiary sector, also known as the services sector, is projected to grow by 8.9% in FY26, according to the revised GDP estimates. This is higher than the 8.3% growth recorded in FY25. Within the services sector, trade, hotels, transport, and communication are expected to grow by 10.3%, while financial, real estate, IT, and professional services are projected to grow by 10%. The services sector remains one of the largest contributors to India’s GDP and economic activity.
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