chairman & managing director indian bank strategy for financing service sector critical issues an overview plays a very vital role in developed countries due to the it potential of india has been growing faster its contribution towards gdp is significant share 56 2 can generate higher income with lesser capital during last ten years grown ahead and growth rate percentage 19942004 agri 31 022 1 industry21 121 7 service48 056 cumulative average 10 overall gdp6 21 agri2 70 industry6 53 service7 90 components 02 03 2002 construction 5 37 3 trade 14 04 hotels restaurants 0 railway 15 other transport 4 36 storage 8 communications 22 banking insurance 6 9 11 real estate business legal services defence 95 community social 86 total 17 classification
