New Delhi, Jan. 29 -- India's services sector has moved beyond post-pandemic stability and is now entering a phase of deeper expansion and diversification, according to the Economic Survey 2025-26 tabled in Parliament on Thursday.

The sector contributes over 50 per cent of Gross Value Added (GVA) and accounts for nearly two-fifths of total employment, making it the largest contributor to both output and jobs in the country.

Growth Trends and Economic Contribution

The Survey notes that services have grown at an average annual rate of around 7.5 per cent since 2000, showing greater resilience compared to agriculture and manufacturing.

During FY24 and FY25, the sector remained the fastest-growing component of the economy, supported by st...