About Delhi: Information on Industries in Delhi, Economy, Growth & Geography

Latest update: February, 2016

Economic Snapshot: GSDP of Delhi

Delhi's gross state domestic product (GSDP) was at US$ 74.8 billion over 2014-15.

Economic Snapshot: GSDP of Delhi

Economic Snapshot: NSDP of Delhi

Delhi's net state domestic product (NSDP) was at US$ 71.7 billion over 2014-15.

Break up of outstanding investments in Delhi

 

Factfile

  • Capital:New Delhi
  • Geographical Area (sq km):1,483
  • State Language:English, Hindi, Punjabi, Bihari and Haryanvi
  • Literacy Rate:86.2 per cent
  • Key Industries:Banking, financial services and insurance (BFSI), Agri and processed food, construction and real estate, IT and ITeS and Tourism

Last Updated: February, 2016

DELHI State Report | November, 2015

Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the largest metropolises in the country. Delhi shares its borders with the states of Uttar Pradesh and Haryana. It is the centre of international politics, trade, culture and literature in India.

Delhi is one of the fastest growing states of the country. At current prices, the gross state domestic product (GSDP) of Delhi was US$ 74.8 billion in 2014-15. Between 2004-05 and 2014-15, the GSDP of the state grew at a compound annual growth rate (CAGR) of 12.8 per cent. The state government expects to register growth of 11 per cent to 11.5 per cent by the end of 2017. At current prices, the Gross State Domestic Product (GSDP) of Delhi was US$ 74.8 billion in 2014-15.

Delhi has an attractive real estate market and is a preferred tourist destination. Owing to its location, connectivity and rich cultural history, Delhi has always been a prime tourist attraction of the country. Delhi is a key arrival/departure point for both foreign and Indian nationals. 

 The Government of Delhi has been committed towards creating a progressive business environment. The new Industrial Policy 2010-21 aims to provide a conducive environment for knowledge-based and hi-tech IT/ITeS industries in Delhi. Towards this end, two special economic zones (SEZs) have been created in the NCT of Delhi. Furthermore, policies have been made towards the development of the IT and transportation sectors. Delhi stands 15th among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.

Recent Developments:

  • Mr M Venkaiah Naidu, Minister of Urban Development, has announced a package of Rs 3,250 crore (US$ 490 million) for Delhi to fund various projects required for decongestion of roads and development of the city.
  • The Construction Industry Development Board (CIDB) of Malaysia has proposed to invest US$ 30 billion in urban development and housing projects in India, such as a mini-smart city adjacent to New Delhi Railway station.
  • Delhi airport handled 1,044 flights on October 14, 2015, which was its highest till date surpassing daily movements during the aftermath of Nepal earthquake in April 2015 (1,026 flights) and on India-Pakistan cricket world cup match day in April 2011 (1022 flights).
  • Singapore based sovereign wealth fund GIC has formed a 50-50 joint venture with DLF, India’s largest real estate company, with an investment worth US$ 300 million to develop two residential projects in New Delhi.
  • A team of representatives from Kenya Energy Regulatory Commission, Kenya Power and Lighting Company, Jamaica Public Service Company Ltd and Jamaica Social Investment Fund visited the Delhi Electricity Regulatory Commission (DERC) and distribution firms such as Tata Power Delhi Distribution Ltd (TPDPL) in an attempt to introduce and replicate electricity distribution reforms in their respective countries.
  • The US state of Nevada plans to open a new tourism office in New Delhi to promote its travel and tourism sector in India.

Factfile

  • Capital:New Delhi
  • Geographical Area (sq km):1,483
  • State Language:English, Hindi, Punjabi, Bihari and Haryanvi
  • Literacy Rate:86.2 per cent
  • Key Industries:Banking, financial services and insurance (BFSI), Agri and processed food, construction and real estate, IT and ITeS and Tourism
Delhi Map

Delhi