Services

Services sector has exhibited resilience to fluctuations in economic activity in
recent years. This is also evident in continued growth in FDI in the services
sector, despite slowdown in overall economic activities in the country.
Key indicators of services sector during Q1-FY09 present a mixed scenario.
While, some sectors such as wholesale & retail trade and transportation &
communication are likely to show a weak performance relative to the preceding
year, community & social services, finance & insurance as well as public
administration & defence are estimated to exhibit a strong growth for yet another
year.