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Abstract
The service sector is an important part of the economy and India has seen a huge growth in most of the businesses in the service sector in the recent past. The service sector businesses must keep ahead of their counterparts by understanding the knowledge economy to keep their customers served at fastest pace and low costs. The services sector, with around 55 percent contribution to the Gross Domestic Product (GDP) in 2017-18, has made rapid march-up in the past 15 years and looks forward to emerge as the largest and one of the fastest-growing sectors of the Indian economy. The corporate sector is not only the governing sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment.