Facilitating Growth with Best-in-class Service Deliverability

Today, the services industry in India has become a thriving sector which continues to be a cornerstone of its economy. This demonstrates robust growth and holding significant potential for the future. Accounting for approximately 55 percent of the Gross Value Added (GVA) in FY25 - if we look at the services sector - it is the largest contributor to India's GDP. Furthermore, the sector has experienced consistent growth, with an average growth rate of 8.3 percent in the post-pandemic period.

Also to note, India ranks among the top global players in services exports, holding the seventh position worldwide and the second among developing economies. The sector is being further bolstered by the rapid adoption of technologies like AI, cloud computing, and digital platforms which have been revolutionizing various sub-sectors within services.

Furthermore, the rising incomes, increasing urbanization, and evolving consumer preferences are fueling domestic demand for a variety of services, coupled with supportive government policies: Initiatives promoting skill development, digital infrastructure, and ease of doing business have created a conducive environment for service sector growth. Despite the overall positive outlook, the services sector in India faces certain challenges.

Understanding the significant role played by service providers today, Industry Outlook brings to you our meticulously crafted August Services Sector Special - 2025 edition which will focus on service providers from the realm of engineering and electroplating. We will shed light on why these players have become a go-to partner in the market, today.

Furthermore, these selected service providers have been thoroughly scrutinized by our editorial team and industry experts to unveil these players competency in offering best-in-class services deliverability across varied industry verticals.