The development in India in last decade has caused the traditional roles of industry and agriculture to be replaced with that of the services sector. It has emerged as one the largest and fastest-growing sectors. The Indian service sector accounts for a large part of the Indian economy – be it in terms of employment potential or its contribution to the national income. Making-up for almost 60 per cent of Asia’s third largest economy, the industry spans from sophisticated fields like telecommunications, satellite mapping, and computer software to simple services like those performed by the barber, the carpenter, and the plumber; highly capital-intensive activities like civil aviation and shipping to employment-oriented activities like tourism, real estate, and housing; infrastructure-related activities like railways, roadways, and ports to social sector related activities like health and education. Thus, there is no ‘concrete and definite’ definition of services.
The services provided by the various organizations and individuals face regulatory pressures, low cost annihilation and stiff competition from global best practices. In the face of a dynamic environment all professional service providers need to keep ahead of other businesses they service, by understanding the regulatory environment in which they operate, and trust someone to be their partner in managing it. The team at Lunawat & Co. specializes at being the trusted advisers’ - trusted adviser. We service:
- Legal Services Companies & Lawyers
- Engineering Companies & Engineers
- Real Estate Brokering Companies
- Software Developers and Solution Providers
- C&F Agents, Liaison Agents and Commission Agents
- Management Consultants