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Mahendra Lochhab

Content creatorย โ€ขย 1y

India's diamond industry is one of the country's largest businesses, contributing 29% to the global market and almost 7% to India's GDP. In 2019, more than 4 million people worked in the industry.

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The services sector is the largest contributor to India's GDP, contributing over 50% in 2023.

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As of 2023, India's road network is the second largest in the world, after the United States. It contributes 4.8% to the country's GDP, and 90% of passenger traffic and 64.5% of goods travel by road.

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The auto industry contributes around 7.1% to India's GDP.

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The travel and tourism industry contributed US $178 billion to India's GDP in 2021. By 2028, the industry is projected to contribute US$512 billion to India's GDP.

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India's travel and tourism industry is a major economic driver, contributing significantly to GDP and employment, with a projected growth of 7.1% annually. It's expected to reach US$125 billion by FY27.

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India's textile industry is the country's second largest employer after agriculture, and employs up to 10.5 crore people. It also supports livelihoods for 5.8 million cotton farmers and 40โ€“50 million people involved in other activities.

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The average annual growth rate of India's manufacturing sector over the last decade is 5.2%. In 2022-23, the manufacturing sector grew by 4.7% and contributed 17% to the country's GDP.

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In 2022, India's automotive industry was the world's fourth-largest by production and valuation.

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