Different sectors of Indian market

 Based on the available data, here's a ranking of major sectors in the Indian economy by their Gross Value Added (GVA) at current prices for the fiscal year 2023-24:

1. Services Sector: ₹14,643,960 crore (54.72% of total GVA)

   • Sub-sectors:
     • Financial, Real Estate & Professional Services: ₹6,064,251 crore (22.66%)
     • Trade, Hotels, Transport, Communication & Services related to Broadcasting: ₹4,684,542 crore (17.50%)
     • Public Administration, Defence & Other Services: ₹3,895,167 crore (14.55%)

2. Industry Sector: ₹7,392,965 crore (27.62% of total GVA)

   • Sub-sectors:
     • Manufacturing: ₹3,819,749 crore (14.27%)
     • Construction: ₹2,383,877 crore (8.91%)
     • Electricity, Gas, Water Supply & Other Utility Services: ₹663,458 crore (2.48%)
     • Mining & Quarrying: ₹525,881 crore (1.97%)

3. Agriculture & Allied Sector: ₹4,725,223 crore (17.66% of total GVA)

These figures are sourced from the Ministry of Statistics and Programme Implementation, as reported by StatisticsTimes.com.

Regarding sectoral growth, India's overall GDP growth for the fiscal year ending March 2025 is projected at 6.4%, the slowest in four years, influenced by weakened manufacturing and corporate investments.

In January 2025, industrial output grew by 5% year-over-year, surpassing expectations, with manufacturing and mining sectors rising by 5.5% and 4.4%, respectively.

The renewable energy sector has also seen rapid growth, with India's installed renewable energy capacity exceeding 205.38 GW as of July 2024.

These insights provide a snapshot of the revenue contributions and growth trends across India's major economic sectors.