The service sector, also known as the tertiary sector, is the third tier in the three-sector economy. Instead of product production
Government Sectors
The government sector consists of the following resident institutional units: all units of central, state or local government; all social security funds at each level of government; all non-market non-profit institutions that are controlled and financed by government units.
Healthcare & Hospital
India's healthcare industry comprises hospitals, medical devices and equipment, health insurance, clinical trials, telemedicine and medical tourism. These market segments are expected to diversify as an ageing population with a growing middle class increasingly favours preventative healthcare.
Transport Infrastructure
Transport infrastructure refers to the foundation that supports the transport system. It includes roads, railways, ports, and airports.
Educational Institutions
They include elementary schools, secondary schools, community colleges, universities, and ministries or departments of education. Other constituents of a modern education system include charter schools, online academies, vocational centers, and corporate educational support services.
Public and Private Banks
Public Sector Banks are the banks whose more than 50% shareholding lies with the central or state government. Private Sector Banks are the banks whose majority of stake is held by private corporations or individuals. Private banks have a higher FDI cap at 74 percent, provided there should be no change of control.
Residential and Commercial Complexes
Residential real estate is all single and family type buildings while commercial real estate is anything lent to run a business. Apartments, flats, duplexes all come under residential properties. Hotels, godowns, startups make up for commercial real estate.26-Nov-2019.
Industrial Sectors
At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors.
Corporate Sectors
In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies".
Public Sector Undertaking
A government entity which is also known as government-owned enterprise or government-owned corporation or statutory corporation or government-owned-company or nationalised company in India is a Statutory.
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