3 ms·
Indian economy went into Service sector after agriculture.
by qazpot 5y ago
Indian economy went into Service sector after agriculture.
- keewee7 5y agoMaybe that was not a good idea. Compare India with the countries that focused on manufacturing at it's pretty obvious that the latter fared better: https://en.wikipedia.org/wiki/Export-oriented_industrialization https://en.wikipedia.org/wiki/Export-oriented_industrializat...
- pm90 5y agoI’m not so sure about that. Manufacturing comes with its own problems, the chief one being all sorts of pollution. I think it’s fine that the country jumped directly into services.
- blocked_again 5y agoIndia has the 6th highest GDP in the world. And is on path to become the 3rd highest in the coming years. The only question is whether India can surpass GDP of US or China in the next 30 years. Let's wait and see.
- indiauk56 5y agoI am not sure where the stat is coming from but india has one of the lowest gdp per capita. Industrial development is badly needed.
- a22a-dev 5y agoIts true, that per capita is very low, but you should see that india is a huge country which had a lot of poverty and illiteracy in the past. And huge things take their own time to build it's momentum, so I know for sure that future is very bright.