Gross Domestic Product (GDP)

  • Updated: May 24, 2016 15:09 IST

With a GDP of US $ 2.182 trillion as on October 2015, India’s GDP is the seventh largest in the world. The country’s economy is expected to grow by around 7.5% in 2015-16 though some ratings agencies have expressed concerns over the government’s failure to bring in key reforms needed to attract more investmemts. The services sector alone contributes nearly 57% of the country GDP while the industries and agri sectors contribute 26% and 17% respectively.

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