the contribution of agriculture in india gross domestic product
India has one of the fastest growing service sectors in the world with an annual growth rate above 9% since 2001, which contributed to 57% of GDP in 2012 -- 13. India has become a major exporter of IT services, Business Process Outsourcing (BPO) services, and software services with $154 billion revenue in FY 2017. This is the fastest-growing part of the economy. The IT industry continues to be the largest private-sector employer in India. India is the third-largest start-up hub in the world with over 3,100 technology start-ups in 2014 -- 15 The agricultural sector is the largest employer in India's economy but contributes to a declining share of its GDP (17% in 2013 -- 14). India ranks second worldwide in farm output. The industry sector has held a steady share of its economic contribution (26% of GDP in 2013 -- 14). The Indian automobile industry is one of the largest in the world with an annual production of 21.48 million vehicles (mostly two and three wheelers) in 2013 -- 14. India had $600 billion worth of retail market in 2015 and one of world's fastest growing e-commerce markets.