Services as a share of GDP in India FY 2021, by industry
Retail accounted for the highest share in India's GDP at nearly 30 percent in financial year 2021 among service sectors. The retail sector was estimated to have a compound annual growth rate of 1.5 percent in fiscal year 2021. Food services and hotels expected to see a decline of nearly 30 and 43 percent respectively that year, owing to the impact of the COVID-19 pandemic.
