The service sector is the largest contributor to GDP in India. Thissector accounts for 54 per cent of economic output and grew by an unprecedented 9.8 per cent. IMF forecast estimates that by 2010 this will be around 58 per cent, on par with a midlevel developed country. The service sector has been driven by IT exports which have grown at a CAGR of 26 per cent over the last 4 years. This was mainly the result of significant increases in the demand for domestic services.

As per the statistics of developed countries, services account for around 75 per cent of the jobs and 70 per cent of the Gross National Product (GNP) capital. In the industrial market, many services are offered to facilitate the process of production, finance and marketing. Manufacturers, wholesalers and retailers sell some services along with goods. They buy many services in the conduct of their business. There are specialized services firms selling their services to the industry. Industry requires the services of transport, storage, finance, insurance and communication, as these facilitate business operations. The service sector comprises trade, hotels and restaurants, transport, storage, communication, financing, insurance, real estate and business services, community services (public administration and defence) and other services. This sector provides services of final consumption nature as well as intermediate nature, the latter accounting for a major share. Substantial parts of services such as transport and communications are in the form of intermediate inputs for production of other goods and services. A growing urbanization too has contributed to the growth in service sector.

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This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product 

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

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The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

Our Approach:

Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report

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Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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