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Delhi

Delhi, the national capital territory of India, stands as a dynamic commercial and cultural hub with a rapidly growing economy and a strategic location that connects northern India to the rest of the country and the world. With a Gross State Domestic Product (GSDP) of approximately Rs. 10.4 trillion (US$ 130 billion) in 2022-23, Delhi is one of India’s fastest-growing states, driven by a diverse industrial base and a skilled workforce. The city boasts a rich cultural heritage alongside modern infrastructure, making it a preferred destination for business, tourism, and trade.

Business Environment

Delhi’s government is actively working to create a business-friendly ecosystem by addressing regulatory inefficiencies through initiatives such as the Draft Industrial Policy 2025-35. This policy focuses on simplifying registration and licensing processes, leveraging AI-driven automation, and implementing investor-friendly frameworks to attract both domestic and foreign investment. Efforts include digital governance reforms and the establishment of single-window clearance systems to enhance transparency and efficiency. These measures create an enabling environment for startups, MSMEs, and large enterprises alike.

Economic Significance and Opportunities

Delhi’s economy is supported by a strong presence of MSMEs, with over 3.9 lakh registered units spanning micro, small, and medium enterprises. The state’s merchandise exports reached Rs. 83,019 crore (US$ 9.72 billion) in FY25, led by sectors such as engineering goods, electronics, pharmaceuticals, textiles, gems and jewellery, and chemicals. Delhi offers abundant opportunities in R&D, IT/ITeS, financial services, and manufacturing. Government schemes focused on infrastructure development, skill enhancement, and financial support further empower businesses to expand and innovate.

  • Banking, Artificial Intelligence, Robotics, and Financial Services

  • Information Technology and IT-enabled Services (IT/ITeS)

  • Manufacturing: Engineering Goods, Electronics, Pharmaceuticals

  • Hospitality and Tourism, leveraging Delhi’s cultural heritage

  • Research & Development and Innovation-driven Startups

  • Export-oriented industries including textiles, gems & jewellery, and chemicals

Infrastructure and Industrial Growth

Delhi features well-planned industrial areas and is implementing major infrastructure projects such as the world-class Technology Park at Rani Khera-Mundka, aimed at boosting employment and innovation. With 29 planned industrial zones and numerous redevelopment initiatives under public-private partnerships, Delhi is enhancing its industrial ecosystem to support sustainable business growth. The focus on smart city initiatives like SPARK Delhi also enhances commercial accessibility and connectivity.

Tourism and Cultural Importance

As the capital of India, Delhi attracts millions of tourists annually, drawn by its historical monuments, vibrant culture, and cosmopolitan atmosphere. The hospitality sector is a significant contributor to the local economy and a key focus of government policies aimed at enhancing visitor experiences, thus creating substantial business opportunities in hospitality, leisure, and related services.

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