Major factors responsible for the high growth of service sector is 'outsourcing', which is an outcome of the globalisation process.
Outsourcing as a form of economic activity has been intensified. This is because of the growth of fast modes of communication, particularly the growth in the field of Information Technology.
Outsourcing has generated new employment opportunities in our economy. It has in turn contributed to the growth of the country's GDP and has also increased the foreign exchange reserves in the country.