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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$ 7.59 billion in FY21 and US$ 6.53 billion in FY22 (until Jan 2022).
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$ 108.27 billion between April 2000-December 2021. In 2021, seven IEMs with proposed investments worth Rs. 901 crore (US$ 120.66 million) were filed in Delhi
