Gross Domestic Product (GDP)
topics 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.
First Published: May 24, 2016 15:09 IST