The percentage share of Foreign Tourist Arrivals in India during March 2022 at Delhi Airport stood at 41.58%, which was the highest among the top 15 ports in India.
Delhi is the capital of the Republic of India and the seat of all three branches of the Government of India. It is one of the largest metropolises in the country. Delhi shares border with the states of Uttar Pradesh and Haryana. It is the center of international politics, trade, culture, and literature in India.
Delhi is one of the fastest growing states in the country. At current prices, the advance estimate of the Gross State Domestic Product (GSDP) of Delhi stood at Rs. 9.23 trillion (US$ 123.90 billion) in 2021-22. The state’s GSDP (in Rs.) increased at a CAGR of 8.89% between 2015-16 and 2021-22.
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 Metro is the seventh busiest metro rail network in the world. It is being built in phases. Phase-I completed with 59 stations (including interchange stations) and 65.1 km of route length of which 13.17 km is underground and 51.93 km surface or elevated. The average daily line utilization of Delhi Metro is 56.61 lakh per day by January 2021.
Total merchandise exports from Delhi stood at US$ 3.10 billion in FY23 (until August 2022) and US$ 8.26 billion in FY22.
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.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflow in Delhi amounted to ~US$ 110.61 billion between April 2000-June 2022. In 2022 (Until June 2022), seven IEMs with proposed investments worth Rs. 14,326 crore (US$ 1,738.20 million) were filed in Delhi.
The 400 Vande Bharat Express Trains rollout in three years announcement during the Union Budget 2022-23 presents about Rs. 40,000 crore (US$ 5.34 billion) business opportunity and create 15,000 jobs and multiple spin-off benefits, as per The Indian Railways officials.
Delhi to receive 244 tonnes more oxygen on May 4, 2021; With this, oxygen expresses would deliver ~ 450 MT of LMO to Delhi alone in 24 hours, counting from deliveries that took early hours on May 4, 2021.