Services sector will contribute $3 trillion to Indian economy in coming years: Suresh Prabhu

Union Minister for Commerce and Industry Suresh Prabhu on Tuesday said that the services sector had immense potential and in the coming years, it would contribute three trillion dollars to the Indian economy.

Speaking at inaugural function of 4th Global Exhibition on Services in the city, he said the 12 champion services sectors namely banking and finance, tourism and hospitality, transport and logistics, media and entertainment, healthcare, construction industry, legal services, environment, accounting and finance, education,

IT and communication and sports would have the major share.

Th sector would also create huge employment opportunities not only in India, but all over the world through Global supply chain and Global value chain, he added.

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