the contribution of agriculture in india's gross domestic product is
Agriculture in India The history of Agriculture in India dates back to Indus Valley Civilization Era and even before that in some parts of Southern India.[1] Today, India ranks second worldwide in farm output. Agriculture and allied sectors like forestry and fisheries accounted for 13.7% of the GDP (gross domestic product) in 2013,[2] about 50% of the workforce.[3][4] The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.
Economy of India 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.[39] India has become a major exporter of IT services, Business Process Outsourcing (BPO) services, and software services with $154 billion revenue in FY 2017.[40][41] This is the fastest-growing part of the economy.[42] The IT industry continues to be the largest private-sector employer in India.[43][44] India is the third-largest start-up hub in the world with over 3,100 technology start-ups in 2014–15[45] 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.[46] The industry sector has held a steady share of its economic contribution (26% of GDP in 2013–14).[47] 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.[48] India had $600 billion worth of retail market in 2015 and one of world's fastest growing e-commerce markets.[49][50]