The services industry forms the backbone of India’s economy and covers a wide range of sub-sectors such as healthcare, financial services, education, information technology, tourism, hospitality industry, retail, logistics and so on. It is also one of the biggest contributors to the country’s gross domestic product (GDP) and generates large scale employment for the population. The services sector received a major boost after the economic liberalisation of the country and its transformation from an agro-based to a knowledge-based economy. While healthcare and financial services such as insurance and banking comprise two of the major pillars of the services sector, information technology has also turned out to be an equally important segment in terms of employment and revenue generation. Media and entertainment is also another upcoming division of the services sector, and is broadly classified into films, music, radio, television and other digital options. Hide this