Make In India

Delhi: Economic Highlights

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Overview
Delhi, India’s capital and a major economic hub, recorded a GSDP of ₹9.67 lakh crore in 2023–24, with a growth rate of 8.2%. The state’s per capita income stands at ₹4,18,000, one of the highest in the country. Delhi’s economy is driven by services, particularly in IT, education, healthcare, and trade. The city also serves as the political, economic, and cultural center of India, with strong contributions from real estate, finance, and government services.

Why Invest in Delhi

  • Service Sector Dominance: Major industries include IT, media, education, and healthcare.
  • Strategic Location: Capital city with excellent connectivity to global markets.
  • Strong Infrastructure: Well-developed infrastructure in transport, logistics, and commercial real estate.
  • Government Support: Pro-business policies that foster ease of doing business and investment.

Incentives & Schemes

  • Startup Support: Schemes and funding options for startups in IT, education, and healthcare.
  • Real Estate Investment: Benefits for developers in residential, commercial, and mixed-use projects.
  • Infrastructure Development: Incentives for projects related to transportation, smart cities, and green buildings.

Key Economic Data: Delhi

Category Details
Capital New Delhi
GSDP (2023–24) ₹9.67 lakh crore
Growth Rate 8.2%
Per Capita Income ₹4,18,000
Top Sectors Services (IT, Education, Healthcare, Trade)
FDI Share in India 3%
Top FDI Sources Singapore, Mauritius, USA
Cumulative FDI (FY2024) ₹6,500 crore (Q1)
Policy Impact Focus on ease of doing business, real estate, and infrastructure
Recent FDI ₹1,200 crore (2020–21)

Latest Insights

  • Delhi attracted ₹6,500 crore in cumulative FDI by Q1 FY2024.
  • The service sector, particularly in IT and healthcare, continues to be the backbone of the economy.
  • The state’s robust infrastructure development plans are attracting investments in commercial real estate and smart city initiatives.