Delhi is one of the fastest-growing states in the country. At current prices, the advance estimates of the Gross State Domestic Product (GSDP) of Delhi stood at Rs. 10.4 trillion (US$ 130 billion) in 2022-23.

The state’s GSDP (in Rs.) increased at a CAGR of 9.12% between 2015-16 and 2023-24.

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.

In FY25 (until February 2025) the merchandise exports from Delhi stood at Rs. 83,019 crore (US$ 9.72 billion). Engineering Goods, Electronic Goods, Readymade and Textiles Garments, Rice, Gems and Jewellery, Drug and Pharmaceuticals, Organic and Inorganic Chemicals accounted for a majority share in the overall merchandise exports of the state.

Delhi has a large skill base. 30% of the workforce is qualified for occupations such as engineering, medicine, law, and consultancy. Among all the states, Delhi has the largest share of skilled workforce, making it suitable for knowledge-based economic activities such as IT/ITeS, designing, R&D, and financial services.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflow in Delhi amounted to Rs. 2,81,409 crore (US$ 36.16 billion) between October 2019-December 2024.

In FY25*, Delhi had a total installed power generation capacity of 6,988.23 MW, of which 5,764.91 MW was contributed by thermal power, 723.09 MW by hydropower, 397.40 MW by renewable power, and 100.94 MW by nuclear power.

In 2023, six IEMs with proposed investments worth Rs. 400 crore (US$ 48.6 million) were filed in Delhi.

Delhi has become a start-up hub over the past few years. The Government prepared a draft start-up policy and is in the process of finalising it.

Some of the major initiatives taken by the Government to promote Delhi as an investment destination are:

• Delhi has allocated 4.3% of its expenditure on roads and bridges in FY26. This is in line with the average allocation for roads and bridges by states in FY25 (4.3%).
• The Delhi government proposed an allocation of Rs. 609 crore (US$ 71.3 million) has been allocated towards grants to local bodies under AMRUT 2.0 in FY26 State budget.
• The state government has earmarked Rs. 12,732 crore (US$ 1.49 billion) for secondary education in the FY26 budget.
• Under the State Budget FY26, Rs. 1,667 crore (US$ 195 million) has been allocated to introduce Pradhan Mantri Ayushman Bharat Health Infrastructure Mission.
• According to the state budget of 2022-23, the Delhi government aimed to spend Rs. 4,500 crore (US$ 590.50 million) in the next five years to generate 20 lakh jobs by 2027.
• In 2022 the Delhi government approved the draft solar policy to increase the share of solar in the electricity mix from 9% to 25%. Further, in an ambitious move, the government revised the capacity target from 2 GW to 6 GW by 2025.
• Ahead of the G20 Summit, which was held in Delhi from September 8-10, 2023, civic agencies spruced up over 66 arterial roads and stretches across key parts of the city. The work included the installation of designer fountains, sculptures, flowerpots, and footpath refurbishment.
• Delhi-NCR emerged as the favoured destination for luxury home buyers, witnessing the highest sales of apartments priced above Rs. 4 crore (US$ 480,365) in the first half of calendar 2023, as per an analysis by property consultant CBRE.
• In October 2023, the Software Technology Parks of India (STPI) set up an incubation facility, the Apiary Centre of Entrepreneurship (CoE), in Gurugram to foster 100 blockchain startups over the next five years.
• As announced in June 2023, giving a fresh push to its Rozgar budget projects, the Delhi Government was planning to redevelop the non-conforming industrial areas in three different phases, with an aim to provide six lakh job opportunities.
• A world-class Technology Park was planned over 147 acres of land having multi-story Buildings at Rani Khera-Mundka, as per the Economic Survey 2022-23. The project is expected to provide direct employment to approx. 1.5 lakh people and indirect employment to 13.50 lakh people.
• The new Start-Up Policy, which was approved in May 2022, envisages transforming Delhi into one of the best destinations for start-ups in India and globally.
• In August 2021, Union Minister of Civil Aviation, Mr. Jyotiraditya Scindia inaugurated the first direct flight on Bhavnagar (Gujarat) to Delhi route and indigo flights on Jabalpur to Delhi route.
• In July 2021, the Delhi government collaborated with Google to provide citizens with real-time information about buses and improve transport services.
• The Delhi government announced the ‘New Excise Policy 2021-22’ to generate optimum revenue and encourage ease of doing business.
• To raise Delhi’s export preparedness, the ‘State Export Award’ was introduced in the year 2020, for outstanding export performers who are contributing considerably to the state economy by earning foreign exchange through the export of their goods and services.
• The state government, under Budget 2024-25, Rs. 6,865 crore (US$ 829.11 million) was allocated towards. transport.
• According to the State Budget 2024-25, the government allocated Rs. 3,350 crore (US$ 404.59 million) to the energy sector for providing subsidies to customers through DISCOMs. As per 2023, about 47.7 lakh households in Delhi (more than 86.71% of the total domestic electricity consumers) are getting electricity subsidies compared with 2015.
• The state government, under Budget 2024-25, allocated Rs. 16,146 crore (US$ 1.95 billion) towards education, sports, arts, and culture, out of which Rs. 11,296 crore (US$ 1.36 billion) has been allocated towards secondary education.
• The Delhi Government set up a Business Facilitation Council (BFC) to facilitate single-window clearances from various departments for establishing industrial enterprises in a time-bound manner.
• The Delhi government proposed an allocation of Rs. 4,290 crore (US$ 518.12 million) for urban development, under the State Budget 2024-25.
• Delhi Development Authority approved a new land pooling policy, which is expected to result in five more sub-cities, such as Dwarka, Rohini and Narela, in other urban extension areas. The new policy would ensure that the private sector is involved in the development of new urban extension areas in the cities.
• In the state budget 2021-22, the government proposed an allocation of Rs. 521 crore (US$ 71.69 million) for the implementation of schemes, programmes and projects in the sectors of Tourism, Art and Culture. Two new schemes, namely Delhi Heritage Promotion and Delhi Tourism Circuit will be introduced to boost tourism.