Service Industries are industries that provide services to individuals or organizations. Unlike manufacturing industries, they do not produce tangible goods but offer various services using skills, technology, and resources. Service industries play a vital role in the economy, generate employment, and promote economic growth.
To establish world-class service industries contributing to society and the economy.
To provide high-quality services to clients, utilize innovation and technology, and generate employment.
The history of service industries expanded significantly after the Industrial Revolution. Rapid growth has been seen in technology, education, health, and financial services sectors. Today, service industries hold a significant place in the global economy.