New Delhi: National Capital Territory of India
National Capital Territory (NCT) of Delhi is situated in the north of the country at a convenient distance from neighboring states of Uttar Pradesh and Haryana. Delhi has headquarters of various key government ministries and departments. Delhi Metro, a joint venture between the Government of India and the Government of NCT Delhi, is a revolution in mass transportation in the country consisting of more than 160 stations linking Delhi with neighboring National Capital Region (NCR). The region has total road network of over 33,000 km. Delhi also has one of the busiest airports in the world, Indira Gandhi International Airport. River Yamuna is the main river that flows through Delhi.
Delhi is one of the fastest growing regions of India. The capital city is a popular tourist attraction, majorly for street shopping, the variety of cuisines served here and its rich cultural heritage. Delhi also hosts several trade conventions and fairs throughout the year. The region has an attractive real-estate market and huge potential for agrochemical-based products.
Key upcoming projects include:
- An IT SEZ at Village Baprola, approved by the state government in 2016
- New Delhi Municipal Council (NDMC) has been identified for development under the Smart Cities Mission
Key upcoming industrial corridor:
- Delhi Mumbai Industrial Corridor, passing through Delhi and six other states with 24 industrial nodes
- Presence of largest dairy in India with a capacity of 3 mn litre per day
- Largest metro rail network in India
- India's most urbanized region, with urbanization rate of 98%
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- GSDP (Current price)
USD 93 bn (2016-17)
- GSDP growth rate (YoY)
- Per capita income
USD 4,517 (2016-17)
- FDI inflow
USD 72 bn (2000-17)
(includes parts of Uttar Pradesh, Haryana)
Delhi has a population of 16.8 mn, with the highest density in India of 11,320 persons/ sq km.
Delhi has about 1.4% of the total population of India.
females/ 1000 males
Delhi and surrounding National Capital Region (NCR) is predominantly known for livestock and dairy production. The milk production in the relatively small region was 281,000 tonnes in 2015-16. The biggest players are the co-operatives like Mother Dairy, Delhi Milk Scheme and Amul.
Delhi saw arrivals of about 2.4 mn foreign tourists in 2015-16, accounting for 10.2% of the total foreign tourist arrivals in India. The region is famous for monuments depicting Mughal architecture such as Purana Qila and the Red Fort. Other popular attractions include Akshardham Temple, Birla Mandir, Dilli Haat, Garden of Five Senses, India Gate, Jama Masjid, Parliament House, Qutab Minar, etc.
Delhi has a large pool of software companies, offering services such as enterprise resource planning, SQL server, document management systems, customer relationship management, software development, etc. There is a state government-approved IT SEZ at Village Baprola. Opening up of Crown Business Park on Delhi-Badarpur border has also led to IT boom in the region.
Delhi offers lucrative opportunities in real estate market and attracts investors from India and abroad. In June 2015, 6,000 residential units were developed in the region, out of which, luxury segment houses accounted for 17% while mid-segment and affordable houses accounted for 25% and 58% respectively.