The service sector in India is one of the fastest growing sectors in the country. According to the World Bank, the service sector is expected to grow by 11% in 2012. In the last 15 years, the services sector has seen a remarkable growth of more than 20 times compared to the manufacturing sector.
There are two types of sector growth in India: manufacturing growth and service sector growth. While manufacturing growth was driven by growth in the power sector, it is now moving to the services sector. The services sector is actually an entirely different kind of growth than the manufacturing sector. It’s about consumption, and people are moving away from manufacturing to the services sector.
The services sector is much less about manufacturing and more about consumption. Services are about how we use technology and we consume products. Unlike manufacturing which is about the production of goods, the services sector is about the consumption of goods. It doesn’t really matter how you consume it, it just matters that you do eventually consume it.
The services sector is also a lot more about the “consumer” mind. You can’t really “consumer” yourself if you are doing a job that doesn’t need to be done. At the end of the day, we’re all consumers. Our minds are all about consumption. That is why people are leaving manufacturing and moving to services so that they can more easily “consume” products.
I see the services sector as a lot like the military, the economy, the entertainment industry, and the fashion industry. Its like the military is all about military, the economy is all about GDP, the entertainment industry is all about entertainment, and the fashion industry is all about fashion. Its all about consumption.
This notion that the consumer is the primary driver of economic activity is at it’s heart the dominant philosophy of capitalism, and a lot of people do believe this. But many people also believe in other, more questionable theories. One popular one is the “service sector” theory. This theory claims that economic activity is primarily driven by the services and business of the consumer.
This is an interesting theory because one of the most famous economists of the modern era, Adam Smith and many others, are heavily influenced by this theory. But Smith himself was never a consumer.
The service sector theory is a bit of a misnomer – it’s only in the service industry that it’s actually an economic theory. And it’s a bit of a misnomer because it’s based on the way we’re used to thinking about capitalism – that it’s about getting something for nothing. But it’s an interesting theory, and it’s not as ridiculous as it sounds.
Now the thing about service industry is that we, as consumers, aren’t really in the market to get something for nothing. We already have a choice to whether we live a life of leisure or a life of service. This is based on the way that a consumer is used to thinking about society.
In a capitalist society, if we think that we have a choice, then we will make the rational choice to spend our money where we want it. In a socialist society, where you are a slave to others, then it is a matter of either giving up your own self-determination or being a victim. It’s an interesting question to ask.