New Delhi: India’s services sector growth has been geographically uneven as the southern states have emerged as major service-oriented economies in comparison to the rest of India, according to a NITI Aayog report.

Titled ‘India’s Services Sector: Insights from GVA Trends and State-Level Dynamics’, the report released Tuesday says that “states such as Karnataka, Maharashtra, Tamil Nadu and Telangana have developed globally competitive hubs anchored in high-value, tradable, and knowledge-intensive services such as IT, finance, professional services and digital platforms”.

“Collectively, they contributed around 40 percent of India’s total services output in 2023-24,” it adds. Show Full Article

Overall, in 2024-25, India’s services sector contributed around 55 percent of gross value-added

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