Strong economic growth. Attractive real estate industry. Growing tourism industry. Policy support

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3 Strong economic growth With an economic growth rate of 9.3 per cent^ in , Delhi is one of the fastest growing states of the country. The state government expects to register growth of 11.0 per cent^ to 11.5 per cent^ by the end of Attractive real estate industry The growth in the real estate sector in Delhi is among the fastest in the country. In 2014, Delhi-NCR region is poised to see considerable momentum, due to change in government, relaxation on FDI and allocation of more funds for affordable housing. Growing tourism industry Owing to its location, connectivity and rich cultural history, Delhi has always been a prime tourist attraction of the country. Delhi is also a key arrival/departure point for both foreign and Indian nationals. Policy support The state has set up a single window approval mechanism to facilitate entrepreneurs in obtaining clearance from various departments/agencies for the establishment of industrial enterprises in the National Capital Territory (NCT) of Delhi. The new Industrial Policy aims to provide a conducive environment for knowledge based and hi-tech IT/ITeS industries in Delhi. Towards this end, two SEZs have been created in the NCT of Delhi. ^At constant prices

4 11 th Five- Year Plan Economic growth rate^: 7.9 per cent Political Growing and economic demand hub As Delhi is the seat of the central government, it has an important position in the country in terms of formulation of policies. It has also become an important centre of trade and commerce, as a number of key industry associations are present. The state also hosts several trade conventions and fairs throughout the year. GSDP at current prices increased at a compound annual growth rate (CAGR) of 16.8 per cent between and Attractive avenues of investment Delhi has emerged as a key state with immense scope for development of the services industry such as banks and financial services institutions (BFSI), IT and ITeS, and consulting sectors, among others. Delhi has an attractive real estate market and is a preferred tourist destination. Many global corporations have offices in the state. 12 th Five- Year Plan Expected economic growth rate^: 11.0 per cent to 11.5 per cent Rich skill pool Delhi has a large skill base; 30 per cent of the workforce is qualified for occupations such as engineering, medicine, law, and consultancy. Among all the states, Delhi has the largest share of skilled workforce, making it suitable for knowledge-based economic activities such as IT/ITeS, designing, R&D and financial services. As Delhi is the country s capital and has ample facility support, it attracts skilled and semiskilled labour from across the country. It houses a few of the country's most prestigious institutes such as IIT and AIIMS. Advantage Delhi Policy and infrastructure support Delhi has a stable political environment with a single party government. The Delhi government has been committed towards creating a progressive business environment. A range of fiscal and policy incentives are proposed under the Industrial Policy for Delhi. Delhi has a well developed social, physical and industrial infrastructure. It has wide roads, an international airport, and a well developed network of rail and metro infrastructure. The state has more than 100 per cent telecom penetration and high Internet penetration. ^ at constant prices

5 Housing for urban poor to per cent of total. Regularise unauthorised colonies. Optimum utilisation of available resources for housing. Enhancement of ground coverage. Upgrade and modernisation of existing industries. Recognition and inclusion of new industries. Locating new school sites adjacent to parks/playgrounds. Provision for vocational facilities. Rationalisation of planning norms with enhanced floor area. Educational facilities Development of multilevel and underground parking space. Integrated multimodal public transport system. Shelter Transportation Vision 2021 Trade & commerce Industry Infrastructure development Health infrastructure Provisions for service and repair activities. Integrated freight complexes and wholesale markets. Develop district and community centres. Alternate source of energy. Power, drainage and waste management. Building regulations for safety of structures as per seismic zone. Land use zoning as per microzonation. Achieve norms of five beds per 1000 population. Enhancement of FAR for hospitals and other facilities. Source: Delhi Development Authority

6 Delhi is home to the Union Government of the country and the state government offices. Delhi is the centre of international politics, trade, culture and literature in India. The Delhi state is divided into 33 sub-divisions under 11 districts. The Union Government s area is managed by the New Delhi Municipal Council (NDMC). Parameters Delhi Geographical area (sq km) 1,483 Source: Maps of India Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the largest metropolises in the country. Delhi shares its borders with the states of Uttar Pradesh and Haryana. Delhi has a cosmopolitan culture with a mix of languages in use. English and Hindi are commonly spoken for everyday transactions. Punjabi, Bihari, Haryanvi, etc., are the other languages used. Administrative districts (No) 11 Population density (persons per sq km)* 11,297 Total population (million) 16.8 Male population (million) 9.0 Female population (million) 7.8 Sex ratio (females per 1,000 males) 866 Literacy rate (%) 86.3 Source: Economic Survey of Delhi , Government of National Capital Territory (NCT) of Delhi, Census 2011

7 Parameter Delhi All states Source Economy GSDP as a percentage of all states GSDP 3.9^ Average GSDP growth rate (%)* 16.8^ 15.5 Per capita GSDP (US$) 3,814.1^ 1,414.4 Physical infrastructure Planning Commission Databook, June 2014, current prices Planning Commission Databook, June 2014, from , current prices Planning Commission Databook, June 2014, current prices Installed power capacity (MW) 7, ,488.3 Central Electricity Authority, as of June, 2014 Wireless subscribers (no) 42,950, ,157,975 Broadband subscribers (no) 1,015,588** 65,330,000 National highway length (km) 80 79,116 Telecom Regulatory Authority of India, as of May, 2014 Ministry of Communications & Information Technology, as of May 2014 Ministry of Road, Transport & Highways, as of March 2013 Airports (no) Airports Authority of India Source: **Ministry of Communications & Information Technology, as of December 2011 *Calculated in Indian Rupee terms, ^Figures for Delhi: Economic Survey of Delhi

8 Parameter Delhi All states Source Social indicators Literacy rate (%) Census 2011 Birth rate (per 1,000 persons) Investment FDI equity inflows (US$ billion)* SRS Bulletin ( September 2013 Department of Industrial Policy & Promotion, April 2000 to May 2014 Outstanding investments (US$ billion) ,414.2 CMIE ( ) Industrial infrastructure PPP projects (No) 15 1,339 *Including part of Uttar Pradesh and Haryana PPP: Public-Private Partnership, SRS: Sample Registration System

9 At current prices, the Gross State Domestic Product (GSDP) of Delhi was US$ 67.1 billion in GSDP of Delhi at current prices (in US$ billion) Between and , the average annual GSDP growth rate was 16.8* per cent. Growth was driven by the expansion of the services sector. Banking and insurance, real estate, trade, tourism and communications were driving the progress in the sector CAGR 16.8%* Source: Planning Commission Databook, June 2014 *In Indian Rupee terms

10 At current prices, the Net State Domestic Product (NSDP) of Delhi was about US$ 64.2 billion in NSDP of Delhi at current prices (in US$ billion) The average NSDP growth rate between and was about 16.9* per cent CAGR 16.9%* Source: Planning Commission Databook, June 2014 *In Indian Rupee terms

11 The state s per capita GSDP in was US$ 3,814.1 compared with US$ 1,509.8 in The per capita GSDP increased at a compound annual growth rate (CAGR) of 14.6* per cent between and GSDP per capita of Delhi at current prices (in US$) 1,729 1,950 1,510 CAGR 14.6%* 3,333 2,837 2,567 2,498 3,739 3,713 3,814 Source: Planning Commission Databook, June 2014 *In Indian Rupee terms

12 The state s per capita NSDP in was US$ 3,649.3 compared with US$ 1,425.4 in NSDP per capita of Delhi at current prices (in US$) The per capita NSDP increased at an average rate of 14.7* per cent between and ,636 1,845 1,425 CAGR 3, %* 2,656 2,422 2,365 3,560 3,546 3,649 Source: Planning Commission Databook, June 2014 *In Indian Rupee terms

13 Commerce and trade contribute more to Delhi s economy than manufacturing and agriculture. GSDP composition by sector In , the tertiary sector accounted for 87.7 per cent (US$ 58.9 billion) of the GSDP of Delhi at current prices, followed by the secondary sector, which contributed US$ 7.6 billion (11.4 per cent). 80.5% CAGR 20.3% 87.7% With a CAGR of 20.3 per cent, the tertiary sector has been the fastest growing among the three sectors from to Growth has been driven by trade, hotels, real estate, banking, insurance, transport, communications and other services. Delhi s economy is primarily dominated by knowledge based service industries such as information technology and consulting. Also, the state has small-scale industries that are mostly non-polluting. 12.1% 18.4% 16.3% 11.4% 1.1% 0.9% * Primary Sector Secondary Sector Tertiary Sector Source: CMIE *Advanced estimates for

14 Commonly grown crops in the state are wheat, rice, jowar, bajra, mustard and vegetables. In , wheat was the main food grain crop. The total production of wheat in the state was estimated at around 84,802 tonnes. With over 19,450 hectares under cultivation, the yield stood at 4,360 kg per hectare. In , 15,500* tonnes of onion were produced in the state. In , 14,652* tonnes of potato were produced in the state. In , total food grain production was 164,355* metric tons. Crop Annual production (tonnes) Wheat* 84,802 Brinjal 22,050 Bajra* 3,815 Carrot 27,970 Jowar* 30,082 Paddy* 29,652 Bottle gourd 21,040 Okra 19,630 Potatoes 14,652 Radish 50,160 Cauliflower 89,060 Source: Horticulture Databook , Delhi Statistical Handbook 2013 *Estimates

15 Delhi an important centre for agri-trade in the country The Food Corporation of India (FCI) was set up under the Food Corporations Act, 1964, of the Union Government to meet the objectives of the Food Policy, which are as follows: Effective price support for safeguarding the interests of farmers. Distribution of food grains throughout the country for Public Distribution System (PDS). Maintaining a satisfactory level of operational and buffer stocks of food grains to ensure national food security. Over the years, FCI has played an important role in controlling supply and prices as well as disaster management in times of droughts, etc. The corporation is headquartered in Delhi. The Indian Agricultural Research Institute (IARI), the country's premier national institute for agricultural research, education and expansion, has a centre in New Delhi. The Indian Council of Agricultural Research (ICAR), an autonomous organisation under Ministry of Agriculture, Government of India, is also headquartered in New Delhi. The institute is the apex body for coordinating, guiding and managing research and education in agriculture, including horticulture, fisheries and animal sciences in the country.

16 According to the Department of Industrial Policy & Promotion (DIPP), the cumulative FDI inflows from April 2000 to May 2014 amounted to US$ 43.5 billion*. Of the total outstanding investments of US$ 24.5 billion in , the services sector had the highest share at 76.0 per cent. A significant proportion of investments also went into the real estate (15.6 per cent) and electricity (5.3 per cent) sectors in Break-up of outstanding investments by sector ( ) 15.6% 5.3% 2.7% 0.4% Services Real Estate Electricity *Including part of Uttar Pradesh and Haryana 76.0% Irrigation Manufacturing Source: CMIE

17 Due to President s rule in Delhi, the budget for the year was presented for a period of six months to enable the government to carry on its business and meet the essential expenditure. A plan outlay of US$ 2.8 billion is proposed for annual plan and total non-plan expenditure is estimated at US$ 3.1 billion. The estimated expenditure will be funded from revenue receipts of US$ 5.8 billion, capital receipts of US$ 114 million and remaining from opening balance. The revenue receipts include tax revenue of US$ 5,127 million, non-tax revenue of US$ 189 million, additional central assistance of US$ 162 million for centrally sponsored schemes and US$ 193 million as central assistance for plan expenditure. Budget expenditure Amount USD (Billion)* Total expenditure 5.9 Revenue expenditure 4.4 Capital expenditure 1.5 Plan expenditure 2.8 Non plan expenditure 3.1 Revenue receipt 5.8 Capital receipt 0.1 * numbers are converted using exchange rate of INR 60/US$

18 Delhi s total road length is around 33,198* km during About 360 km of national highways run through the state. These are maintained by National Highways Authority of India (NHAI). The finance bills of the last few years have laid increased emphasis on the transport sector. Considering the need for improvement of the facilities, the sector has been receiving significant financial allocation. Road type Length* (km) Total Road Length 33,198 National highways 360 Source: Delhi Statistical Handbook 2013 *Provisional

19 Action has been taken to implement the Delhi Integrated Multimodal Transport System (DIMTS). The existing road network is being upgraded and express highways and freeways are being constructed along key routes in Delhi-NCR. The Golden Quadrilateral project of the National Highway Authority of India (NHAI) directly connects Delhi to other major markets and cities of the country. The state government has planned an investment of US$ million to strengthen 673 roads across the city. The government will spend US$ 1.08 billion to build the Delhi-Meerut Expressway starting from Nizamuddin Bridge on Ring Road. The project will be awarded on Build- Operate-Transfer (BOT) mode. Ministry of Road Transport and Highways is looking for private bidders for the construction of the 265 km Delhi- Jaipur expressway project worth US$ 1.35 billion. The government is also considering awarding the project under engineering, procurement, construction (EPC) model. Major schemes for Delhi s road transport Computerisation of records Motor driving training schools Mass Rapid Transit Systems (MRTS) Decongestion & rationalisation of Inter-state Bus Terminals (ISBTs) Control of vehicular air pollution Parking facilities Restructuring of Delhi Transport Corporation Incentives for replacement of old light commercial vehicles (LCVs) Source: Transport Department, Government of NCT of Delhi

20 Delhi is well connected by rail network to other parts of India. A significant part of trade is supported by the strong railway links. State capitals of India and quite a few other important cities are connected to Delhi by high speed, air-conditioned and comfortable Rajdhani Express trains. The four main railway stations are New Delhi, Old Delhi, Hazrat Nizamuddin and Sarai Rohila. RITES and CONCOR RITES Limited is an enterprise of the Government of India. It was established in 1974 under the aegis of Indian Railways to provide comprehensive engineering, consultancy and project management services in the transport infrastructure sector. The registered office is located in Delhi. Container Corporation of India Limited (CONCOR) is a Government of India enterprise, operating inland transport services, clearance and cargo handling facilities throughout India. Source: Economic Survey of Delhi , RITES website ( CONCOR website (concorindia.com)

21 The Delhi Metro Rail Corporation (DMRC) was registered in 1995 under the Companies Act, 1956, for development of Delhi Mass Rapid Transit System (MRTS). DMRC has equal equity participation from the Government of India and Government of National Capital Territory of Delhi (GNCTD). The objectives of the Delhi Metro Rail are as follows: To cover the whole of Delhi with a metro rail network by Delhi Metro to have world-class standards in terms of safety, reliability, punctuality, comfort and customer satisfaction. Delhi Metro to operate on commercial lines, obviating the need for government support. Around 2.5 million commuters travel every day in the metro rail operating on six lines, covering km (excluding 22.7 km of the airport express line) as of August With operationalisation of all the routes planned in Phase-III (2015) and Phase-IV (2021), the total route length of the metro rail would be over 416 km by The DMRC has been certified by the United Nations as the first metro rail and rail-based system in the world that received carbon credits for reducing green house gas emissions. The central government has further allocated US$ 954 million for Phase-III projects. It has granted a pass through assistance of US$ million and further plans to infuse US$ million as equity in the Delhi Metro.

22 Phase-I network Line Length (km) No of stations Line No 1-Shahdara-Tri Nagar-Rithala Line No 2-Vishwa Vidyalaya-Central Secretariat Line No 3-Indraprastha-Barakhamba Road-Dwarka sub-city Phase-II network Line Length (km) No of stations Shahdara-Dilshad Garden Indraprastha-Noida (Sector-32) City Centre Yamuna Bank-Anand Vihar ISBT Vishwavidyalaya-Jahangir Puri Inderlok-Kirti Nagar-Mundka Central Secretariat-HUDA City Centre Dwarka (Sector-9)-Dwarka (Sector-21) Airport Express Line Anand Vihar-KB Vaishali (Ghaziabad) Central Secretariat-Badarpur (Faridabad) Source: DMRC website ( ISBT: Inter-State Bus Terminal

23 The Indira Gandhi International Airport (IGIL), one of the busiest in the world, was ranked the second-best airport in the world in 2011 by the Airports Council International. The IGIL airport has been awarded the 'International Safety Award' by British Safety Council. In July 2010, Terminal 3 of the airport was inaugurated, which enhanced the passenger handling capacity of the airport to 60 million passenger annually. IGIL handled around 34.4 million passengers in FY13. Terminal 3 is spread over a 500,000 square metre area and equipped with 95 immigration counters, 168 check-in counters and 78 passenger boarding bridges to handle 34 million passengers per annum (MPPA) and 12,800 bags per hour. The planned ultimate design capacity of the airport is 100 MPPA. A cargo village is also being developed to promote the airport as the cargo gateway of the country. Delhi International Airport Limited (DIAL) Project awarded in May 2006 Constructed by a consortium of: GMR Group (54 per cent) Fraport AG & Eraman Malaysia (10 per cent each) Airports Authority of India (26 per cent) Terminal 1 - Domestic Terminal (T1A/T1D Departure, T1C Arrival) Terminal 2 - International Terminal Terminal 3 - International and Domestic Hub International Cargo Terminal Total land area available: 5,106 acres Total passenger traffic: 31.1 million in * Total aircraft movement: 256,488 in * Total cargo movement: 496,145 tonnes in * Source: Airports Authority of India * data for April 2012 to February 2013 period

24 As of June 2014, Delhi had a total installed power generation capacity of 7,828.2 MW, which comprised 5,513.7 MW under central utilities, 2,185.4 MW under state utilities and MW under the private sector. Installed power capacity (MW) 7,413 7,419 The total installed power generation capacity comprised about 58.2 per cent of coal based power plants and 30.2 per cent of gas-based power plants. 3,677 4,115 5,802 6,337 Electricity supplied to Delhi is also generated from hydro (9.7 per cent) and nuclear power sources (1.6 per cent). During , the state government plans to invest US$ million in the energy sector Delhi has one of the highest per capita electricity consumptions among all states in India. In , per capita power consumption was 1,651.2 kwh Source: Central Electricity Authority

25 Segment Power generation Power transmission Name of company Indraprastha Power Generation Co Ltd (IPGCL) Pragati Power Corporation Ltd (PPCL) NTPC Ltd Delhi TRANSCO Ltd (DTL) BSES Yamuna Power Ltd (BYPL) BSES Rajdhani Power Ltd (BRPL) Power distribution Tata Power Delhi Distribution Limited (TPDDL) New Delhi Municipal Council (NDMC) Military Engineering Services (MES) Source: Delhi Electricity Regulatory Commission

26 IPGCL and PPCL were the two state-owned power generating entities earlier. Power capacity additions To improve power generation and operational efficiencies, the government decided to merge IPGCL and PPCL into a single entity. Capacity additions, in the form of three power projects (two gas-based and one coal-based), have been initiated to meet the growing power demands of the state. Project 1,500 MW combined cycle gas turbine power project at Bawana, Pragati III 750 MW combined cycle gas turbine power project at Bamnauli, Pragati III 1,500 MW Indira Gandhi super thermal power project (coalbased) in Haryana Present status Remaining 500 MW is expected to be commissioned in Project is expected to be commissioned in Final stage completed and commissioned in April 2013 Source: Economic Survey of Delhi

27 The Delhi Vidyut Board was set up in 1997 under the Electricity Act, 1948, and it replaced the Delhi Electricity Supply Undertaking. As privatisation was expected to bring efficiency to Delhi Vidyut Board, it was restructured and the business of power distribution was transferred to three private companies: BSES Yamuna Power Limited (BYPL), BSES Rajdhani Power Limited (BRPL) and Tata Power Delhi Distribution Limited (TPDDL). An agreement was signed by the Government of Delhi, BSES and Tata Power in May 2002, paving the way for privatisation of electricity distribution in the state. BSES acquired a controlling interest in two of the distribution companies, viz., South-West Delhi Electricity Distribution Company Limited and Central-East Delhi Electricity Distribution Company Limited. Tata Power Company took management control of the third distribution company, viz., North-Northwest Delhi Distribution Company Limited. Post privatisation cumulative infrastructure investments by distributors (US$ million) BRPL BYPL NDPL Source: Economic Survey of Delhi

28 As of March 2013, BYPL distributes power to around 1.35 million customers spread over a 200 sq km area in Central and East Delhi. Power distribution in Delhi As of March 2013, BRPL distributes power to around 1.85 million customers spread over a 750 sq km area in South and West Delhi. TPDDL distributes power to around 1.35 million customers spread over a 510 sq km area in North and Northwest Delhi. DISCOM 2 DISCOM 3 DISCOM 1 NDMC serves around 70,000 customers in New Delhi, while MES serves around 10,000 customers in Delhi cantonment.

29 According to Telecom Regulatory Authority of India (TRAI), Delhi had nearly 43.0 million wireless subscribers and 3.1 million wire-line subscribers as of May As of May 2014, tele-density in Delhi^ was per cent, the highest in the country. The state had 1,015,588 broadband subscribers as of December The state had 538 post offices as of July Telecom infrastructure (May 2014) Wireless connections 42,950,409 Wire line connections 3,108,307 Broadband subscribers 1,015,588* Post offices 538** Teledensity (in per cent) Source: Telecom Regulatory Authority of India, Ministry of Communications and Information Technology, India Post *As of December, 2011, **As of July, 2014 Some of the major telecom operators in Delhi Bharti Airtel IDEA Cellular Vodafone Essar Mahanagar Telephone Nigam Limited (MTNL) Aircel Limited Reliance Communications Tata Teleservices Source: Telecom Regulatory Authority of India ^includes Noida & Ghaziabad (in UP) and Faridabad & Gurgaon (in Haryana)

30 Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), 23 projects worth US$1,469.2 million have been sanctioned for Delhi in and The key projects focus on traffic management plan for designated areas, sewerage system improvements, drainage, storm water drains, roads, flyovers, road overbridges and urban renewal plans along with heritage conservation. According to the Delhi 2021 Master Plan, special emphasis has been laid on improved solid-waste management policies. The short-term goals are capacity building with respect to financial services and performance management, effecting trial runs of collection and waste-reduction schemes, developing transport, landfill sites and transfer stations for waste and focusing on biomedical and hazardous waste management programmes. With respect to traffic management, the focus of the master plan is on developing an integrated multimodal transport system, creating infrastructure for alternate transport (e.g., bicycles), creating an environment for public transport prioritisation by customers and improving suburban railway with technology upgrade. The Delhi Development Authority has approved a new land pooling policy, which is expected to result in five more subcities, such as Dwarka, Rohini and Narela, in other urban extension areas. The new policy would ensure that the private sector is involved in the development of new urban extension areas in the cities. Source: JNNURM, Ministry of Urban Development

31 Project name Sector PPP type Project cost (US$ million) Stage Modernisation of Delhi International Airport Airports LDOT 1,869.6 Construction Housing complex for Delhi police personnel at Dheerpur Housing NA Approved Delhi-Gurgaon Highway Roads BOT-Toll In operation Delhi-Noida Toll Bridge Roads BOOT 88.7 In operation Badarpur Elevated Highways Roads BOT-Toll 73.9 Construction Modernised police headquarter building at Parliament Street Integrated Municipal Waste Processing Complex at NDMC Compost Plant Site, Okhla Housing NA 42.1 Approved Urban development BOOT 14.1 Construction Construction of 197 Bus-Q-Shelters in NDMC area Urban development BOOT 3.3 In operation Development of Integrated Multi-Level Parking Infrastructure at three sites in NDMC Urban development BOOT 1.7 Construction Centralised Treatment Facility at Ghazipur Urban development NA 1.3 In operation Centralised Biomedical Waste Treatment Facilities, Okhla Urban development BOT-Annuity 0.2 In operation Source: pppindiadatabase.com LDOT: Lease-Develop-Operate-Transfer, BOT: Build-Operate-Transfer, BOOT: Build-Own-Operate-Transfer, NA: Not Available

32 Project name Sector PPP type Automated parking-cum-commercial complex, Kamla Nagar, Delhi Project cost (US$ million) Stage Urban development NA 20 Construction ISBT at Dwarka Urban development NA 61 Construction Development of Andhra Pradesh International Centre through the development of lands belonging to the Andhra Pradesh government in and around AP Bhavan, New Delhi Reversion to public DBFOT 196 NA Source: pppindiadatabase.com DBFOT: Design Build Finance Operate and Transfer, NA: Not available

33 SEZs IT and ITeS SEZ-Baprola Industrial clusters in Delhi Narela Industrial Complex Bawana Industrial Area Gems and jewellery SEZ-Baprola Kirtinagar Industrial Area Mangolpuri Industrial Area Naraina Industrial Area IT Park, Shastri Park, DMRC INDEX SEZ Location Industrial Area Location Operational Upcoming Okhla Industrial Area

34 On the industrial infrastructure front, the state has undertaken a number of development initiatives such as redevelopment of industrial clusters and maintenance of industrial areas under the public-private partnership (PPP) model. The state government has initiated a set of prestigious projects, including those in industrial infrastructure for specific sectors, through the Delhi State Industrial and Infrastructure Development Corporation Limited (DSIIDC). Narela Industrial Complex DSIIDC has developed 612 acres of land in Narela. The first phase of construction of 1,800 plots is complete. The construction of facility centres providing shops and commercial spaces has already been completed. About 50,000 trees have been planted in the complex. An area of 10 acres covered under the central park is proposed to be developed as central plaza. Of the remaining land available in the estate, 70 acres is proposed to be utilised for relocation of industries. There is also a proposal for construction of a high-tech estate for ITeS in an area of 50 acres available in the complex. Source: dsiidc.org

35 Major industrial areas in Delhi Kirtinagar Industrial Area Mangolpuri Industrial Area Naraina Industrial Area Okhla Industrial Area Bawana Industrial Area Description Kirtinagar Industrial Area is located in the western part of Delhi and has been developed by the DSIIDC. Mangolpuri Industrial Area is located in the western part of Delhi and has been developed by the DSIIDC. Naraina Industrial Area is located in the western part of Delhi. It was set up by the Delhi Development Authority (DDA) in It occupies a place of pride among the industrial estates in Delhi and is divided into two phases with around 1,200 industrial units, which manufacture electronic and electrical goods, engineering goods, plastic goods, readymade garments and sanitary fittings. Okhla Industrial Area is located in the southern part of Delhi and is a hub of industrial activity. Many export houses are located in the area along with some prominent multinationals such as Oriflame, Reckitt Benckiser etc. Bawana Industrial Area is located in the northern part of Delhi, where DSIDC will develop 15,250 plots of square metres each by Source: dsiidc.org, indiainbusiness.nic.in

36 The Delhi Metro Rail Corporation Limited (DMRC) has conceptualised and developed a world class IT park complex comprising IT Park Block-1 (operational), IT Park Block-2, which is ready for occupancy and IT Park Block-3 (yet to be constructed). Upcoming SEZs at Baprola The IT and ITeS SEZ is being set up in an area of 26 acres at an estimated cost of US$ 86.6 million. The complex is situated very close to Shastri Park metro station. IT Park Block-1 has the distinction of being 'Delhi's First IT Park'. It is a fully air-conditioned building equipped with several facilities and state-of-the-art technical systems. This building has been in operation since April IT Park Block-2 is an improved version of IT Park Block- 1. Additionally, it is technologically advanced and compliant with National Buildings Code, Source: SEZ for IT and ITeS SEZ for Gems and Jewellery The SEZ is expected to provide direct employment to 36,000 people while generating 108,000 jobs indirectly. The IT SEZ will also house convention halls, hotels, a hospital and residential accommodation. It is being set up in an area of 41.4 acres at an estimated cost of US$ million. The SEZ is expected to provide direct jobs to 18,000 people and indirect employment to 54,000 people.

37 Delhi has a literacy rate of 86.3 per cent, according to the provisional data of Census 2011; the male literacy rate is 91.0 per cent and the female literacy rate is 81.0 per cent. As of , there were 2,632 pre-primary and primary schools, 600 middle-level schools, 463 secondary schools and 1,427 senior secondary schools in Delhi. Recognised universities Delhi University Jawaharlal Nehru University Jamia Millia Islamia University Guru Gobind Singh Indraprastha University Indira Gandhi National Open University As of , the total number of students enrolled in educational institutes was 4.2 million. This includes 2.8 million in primary and middle schools, 0.7 million in secondary schools and 0.5 million in senior secondary schools. Literacy rate in Delhi 75% 82% 86% The education expenditure, as a percentage of GSDP, increased from 1.36 per cent in to 1.60 per cent in % 53% 57% 62% Category Literacy rate* (%) Total 86.3 Male 91.0 Female Source: Economic Survey of Delhi ; Directorate of Higher Education; Delhi Statistical Handbook 2013, Government of NCT of Delhi; Budget ; *As of Census 2011

38 At the intermediate college level, courses in the science, arts and commerce streams are offered. Vocational courses are offered in the fields of agriculture, engineering and technology, home sciences, paramedical, business and commerce, and humanities. The state government proposed to spend US$ 344 million on the education sector in , accounting for 13 per cent of the total plan outlay. Student-teacher statistics ( ) Number of students 4,154,007 Number of teachers 118,542 Student-teacher ratio 35.0 Educational infrastructure ( ) Universities 10 Leading professional and degree colleges Indian Institute of Technology Delhi (IIT Delhi) Netaji Subhas Institute of Technology Delhi College of Engineering All India Institute of Medical Sciences (AIIMS) Lady Shri Ram College for Women Delhi School of Economics St Stephen's College Indian Institute of Mass Communication Indian Statistical Institute Deemed universities 12 Institutes of national importance 3 Colleges for general education 83 Colleges for professional education 100 Industrial training institutes (ITI) *16 Industrial training centres (ITC) *61 Polytechnics *20 Source: Delhi Statistical Handbook 2013, Economic Survey of Delhi *As of

39 Delhi has one of the best health infrastructures in the country. The state offers sophisticated medical care with the latest state-of-the-art technology for treatment. There are 935 medical institutions in Delhi with 43,643 beds. As of 2012, there were 1,168 dispensaries in Delhi. Delhi has a number of super specialty hospitals in the public and private sectors. Some of the leading private hospitals in Delhi Batra Hospital & Medical Research Centre Indraprastha Apollo Hospitals Fortis Escorts Heart Institute Some of the leading hospitals in Delhi All India Institute of Medical Sciences (AIIMS) Hindu Rao Hospital Dr Ram Manohar Lohia G. B. Pant Hospital Moolchand Hospital National Chest Institute National Heart Institute Rajiv Gandhi Cancer Institute & Research Centre Safdarjung Hospital Deen Dayal Upadhyay Hospital Guru Teg Bahadur Hospital Fortis Hospital Source: Delhi Statistical Handbook 2013

40 The state government s per capita health expenditure increased at a CAGR of 18.9 per cent from to to Rs 1,418. Government per capita health expenditure (in INR) CAGR 18.9% 1,221 1,418 Health indicators (2012) Birth rate* ,047 Death rate* 6.09 Infant mortality rate** Source: SRS Bulletin ( September 2013 Planning Commission Databook, ; ( *Per thousand persons; **Per thousand live births Directorate of Economics & Statistics and the Office of Chief Registrar (Births & Deaths)

41 Upcoming capacity in Delhi s government hospitals Government facility Status 200-bed Deep Chand Bandhu Hospital IPD in bed hospital at Burari ILBS Under construction Under construction Expansion of RTRM Hospital Construction in Expansion of Maharishi Valmiki Hospital Construction in bed hospital, Chattarpur Construction in bed hospital, Madipur Construction in bed hospital, Siraspur 100-bed hospital, Sarita Vihar Construction to begin shortly Construction to begin shortly 750-bed hospital, Dwarka Construction in bed super specialty hospital, Janakpuri IPD in bed super specialty hospital, Tahirpur IPD in Expansion of Sanjay Gandhi Memorial Hospital Construction to begin shortly Expansion of Delhi State Cancer Institute Construction in Expansion of MAIDS Construction in Source: Economic Survey of Delhi,

42 Delhi s rich history is reflected in its forts, monuments, palaces, gardens and bazaars created by its rulers during different periods of their occupation. The remains of a large number of such historical places and monuments are the sites of attraction for visitors and tourists in Delhi. In addition to these historical places, a large number of gardens, buildings, playgrounds, institutional buildings, markets and event places were constructed by the British until 1947, and thereafter, by the Government of India and Government of Delhi. Delhi-NCR have a number of convention centres, golf courses, hotels, restaurants and recreational centres offering international standard of services. New Delhi houses the Nehru Planetarium, one of the country s five planetariums. The planetarium was built with the primary aim of promoting astronomy and invocative programs for visitors. Key cultural destinations in Delhi Purana Quila Qutub Minar Tughlakabad Fort Red Fort Humayun s Tomb Safdarjung Tomb Jama Masjid Rashtrapati Bhawan, Sansad Bhawan, Central Secretariat India Gate Lodhi Garden, Nehru Park, Buddha Jayanti Park Connaught Place Lotus Temple Akshardham Temple

43 Delhi is a major sports hub with ample infrastructure facilities such as the Feroz Shah Kotla Stadium, Chhatrasal Stadium and Jawahar Lal Nehru Stadium. Delhi was the host city for Commonwealth Games For successful organisation, the state government had taken up 59 projects/schemes directly related to games. The 33 rd edition of India International Trade Fair (IITF) was held at Pragati Maidan in Delhi from November 14 to 27, The 2 nd Delhi International Film Festival, 2013, was held at NDMC Convention Centre, Connaught Place, New Delhi, from December 21 to 27, Commonwealth Games, 2010 Motto: COME OUT and PLAY Participating nations: 71 Events across disciplines: 17 Aquatics, Archery, Athletics, Badminton, Boxing, Cycling, Gymnastics, Hockey, Lawn Bowls, Net Ball, Rugby, Shooting, Squash, Table Tennis, Tennis, Weightlifting, Wrestling Opening ceremony: October 03, 2010 Closing ceremony: October 14, 2010 Source:

44 The location advantage, policy incentives and infrastructure in the state support investments in sectors such as IT/ITeS, banking and financial services industry (BFSI), small scale industries (SSIs) and tourism activities. According to the Delhi 2021 Master Plan, the state will be promoted as a hub of clean, high-technology and skilled economic activities. Initiatives would be taken for the modernisation of existing and inclusion of new industries such as those related to IT/ITeS. The plan emphasises industrial development without effluents, smoke and noise pollution. The Industrial Policy for Delhi aims to promote Delhi as the centre of knowledge-based industrial activity and envisages new development on a public-private partnership basis. The Industrial Policy focuses on facilitating business through procedural simplifications, e-governance measures and promotion of a transparent and business-friendly environment. According to the Industrial Policy for Delhi , the Delhi government will develop world-class infrastructure within planned industrial estates to promote industrial growth. The government is encouraging activities allied to industries such as consultancy, information technology, training of skilled manpower through vocational training programmes and entrepreneurial development programmes. Source: delhi.gov.in

45 From , the sectoral composition of GSDP has been inclining towards the service sector. Currently, the service sector accounted for more than 85 per cent of the state s income, while the industrial and agricultural sectors accounted for less than 15 per cent and 1 per cent, respectively. Sectoral composition of GSDP (per cent) 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 18% 18% 17% 18% 17% 17% 17% 17% 18% 11% 80% 81% 82% 82% 83% 82% 82% 82% 82% 88% Key industries in Delhi BFSI Agri and processed food Construction and real estate IT and ITeS Tourism Services Industry Agriculture and Allied Source: CMIE Source:

46 The city is home to a number of private and public banks and financial services institutions. These business houses deal in banking transactions, documentations, negotiations, loan agreements, etc. The city also has commercial banks, industrial banks and some of the leading foreign banks. The service points are spread across the city. Connaught Place, Chandni Chowk and Barakhamba Road are the major points in the city where the key offices of a large number of organisations are located. Number of bank branches (as on March 31) Other Commercial Banks SBI & subsidiaries , Nationalized Banks Source: Statistical Abstract of Delhi, 2012 Delhi Statistical Handbook, 2013

47 Delhi represents an attractive market for the life insurance industry. New business in life insurance (US$ million) New business in life insurance continues to grow. Cumulative new business in life insurance increased to 6.4 million in from 1.7 million in The state s insurance density for at US$ 42.7 was the third highest among all states and significantly higher than the average figure for the country (US$ 11.2) Reliance Life Insurance Some of the key players Life Insurance Corporation of India State Bank of India United Bank of India

48 Reliance Life Insurance Life Insurance Corp of India Reliance Life Insurance is an associate company of Reliance Capital Limited, a part of Reliance-Anil Dhirubhai Ambani Group. Reliance Capital is one of India s leading private sector financial services companies and ranks among the top private sector financial services and banking companies in terms of net worth. It has interests in asset management and mutual funds, stock broking, life and general insurance, proprietary investments, private equity and other activities in financial services. In Delhi, the insurance company has branches located at Connaught Place, Darya Gunj, Dilshad Garden, Dwarka, Janakpuri, Jhandewalan Extn., Karol Bagh, Model Town, Shakti Nagar, Lajpat Nagar, etc. The Life Insurance Corporation of India (LIC) is the largest life insurance company in India. It was founded in 1956 and is the country's largest investor. It is fully owned by the Government of India. LIC has eight zonal offices and 109 divisional offices located in different parts of India, at least 2,048 branches located in different cities and 992 Satellite Offices (SOs) and a network of over one million agents for soliciting life insurance business from the public. It has a zonal office in the northern region at Connaught Place in Delhi.

49 State Bank of India The State Bank of India is the country s oldest bank and largest in terms of balance sheet size, number of branches, market capitalisation and profits. The bank is the largest provider of infrastructure debt and the largest arranger of external commercial borrowings in the country. It is the only Indian bank to feature in the Fortune 500 list. In Delhi, some of the branches are located at Najafgarh Village, AGCR Building, Ajmal Khan Road, Anaj Mandi Shahdara, Anand Vihar, Ansari Naagr, Asaf Ali Road, Ashok Vihar and Asian Games Village. United Bank of India United Bank of India (UBI) is one of the 14 major banks, which were nationalised in July Its predecessor, the United Bank of India Limited, was formed in 1950 with the amalgamation of four banks, viz., Comilla Banking Corporation Limited (1914), Bengal Central Bank Limited (1918), Comilla Union Bank Limited (1922) and Hooghly Bank Limited (1932). The bank has more than 1,600 branches and offices. In Delhi, the bank has branches located in Asaf Ali Road, Chandni Chowk, Chittranjan Park, Connuaght Circus, Daryaganj, etc.

50 NCR is the country s biggest milk market. The organised milk market in the region, estimated at five million litres per day, is growing at 6-8 per cent annually. It acts as a nodal location for exchange of goods with northern parts of the country because of good connectivity and supporting infrastructure. Some of the key players Mother Dairy Kohinoor Foods Ltd Hind Agro Industries Ltd Sterling Agro Industries Ltd There are nine principal markets and 12 different submarkets for trade of agricultural produce in Delhi. Source: Economic Survey of Delhi, The main food trade markets are located in Narela, Azadpur, Morigate, Shahdara,, Keshopur, Gazipur, Najafgarh and Mehrauli. Delhi Agricultural Marketing Board (DAMB) had an annual profit of US$ 88.8 million in Confederation of Indian Food Trade & Industry (CIFTI) was established in 1985 to cater to the needs of the food industry and trade. It provides institutional support to the government and the private sector in promoting the development of food processing on a global platform. Its office is situated at Tansen Marg, New Delhi.

51 Mother Dairy Kohinoor Foods Ltd Mother Dairy was set up in 1974 under the Operation Flood Programme. It is now a wholly owned company of the National Dairy Development Board (NDDB). Mother Dairy markets and sells dairy products, such as liquid milk, curd, ice creams, cheese and butter under the Mother Dairy brand, the Dhara range of edible oils and the Safal range of fresh fruits and vegetables, frozen vegetables and fruit juices, at the national level through its sales and distribution networks for marketing food items. Mother Dairy milk has a market share of around 66.0 per cent in the branded sector in Delhi, where it sells 2.5 million litres of milk daily and undertakes its marketing operations through around 1,400 retail outlets and over 1,000 exclusive outlets. Furthermore, the ice cream brand of the company has around 62.0 per cent market share in Delhi-NCR. The company has a dairy manufacturing plant at Patparganj and fruit and vegetable plant at Mangolpuri Industrial Area. It also has a distribution facility with an annual handling capacity of 200,000 tonnes of fresh fruits and vegetables. It offers an extensive range of products that cater to all kinds of consumers in different parts of the world, from basmati rice, ready-to-eat products, cook-in sauces and cooking pastes to spices, seasonings and frozen food. It has a strong market presence not only in India but also in the US, the UK, Dubai, Canada, Japan, Australia, Singapore and other European countries. It has an office in Greater Kailash in New Delhi. In , total revenue of the company was US$ million.

52 Hind Agro Industries Ltd Sterling Agro Industries Ltd Hind Agro Industries Ltd has Asia s most modern abattoir-cum-meat processing plant at Aligarh in Uttar Pradesh. It is a joint venture of Hind Industries Limited and the Government of Uttar Pradesh and is assisted by the Government of India. The company has an APEDA-certified production capacity of 400 tonnes and annual turnover in excess of US$ 64.5 million. Sterling Agro Industries markets its dairy products under its brands NOVA and A-ONE. The company s office in Delhi is located at Pitampura. Nova products include ghee, butter oil, butter, skimmed milk powder, full cream milk powder, dairy whitener, butter milk powder and milk powder blends.

53 The real estate market in Delhi is lucrative and attracts investors from India and abroad. Owing to the advanced infrastructural base, the city meets the requirements of a profitable investment. There are several infrastructure development companies located in the state. These companies are involved in construction of residential and commercial complexes, townships, power projects, hospitals, hotels, schools, roads and public utility infrastructure. During 2012, property prices in Delhi-NCR rose by 20 per cent. The growth is the highest among all the metropolitan regions in the country. Office rents are likely to remain upbeat due to the continued demand-supply gap of quality office space in Delhi-NCR. The Indian government has allowed FDI of up to 100 per cent in the real estate sector through the automatic route. Delhi Development Authority recently announced its new land pooling policy, under which 40,000 acre of land will be used to build 1.5 million apartments to accommodate an additional 4.8 million of population by This is likely to help in stabilising the rising property prices in NCR areas such as Gurgaon, Noida and Ghaziabad. National Real Estate Development Council (NAREDCO), works to create and sustain an environment conducive to the growth of the real estate, in partnership with the industry and government. Its office is situated at East of Kailash in Delhi. DLF Ltd Unitech Some of the key players Parsavnath Developers Ltd Ansal API Delhi Development Authority (DDA) reduced the minimum area requirement for farmhouses to 1 acre from 2.5 acres earlier. The revised norm offers owners of an estimated 2,700 farmhouses in the city the opportunity to downsize and monetise their surplus property.

54 DLF Ltd Unitech DLF is primarily a real estate developer, rated as India's largest construction company in the sector. Its primary business is the development of residential, commercial and retail properties. DLF has been in this industry for over 60 years, and has developed homes, offices, malls, SEZs, hotels and infrastructure projects. DLF developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi. It started off with its first landmark real estate development project Qutub Enclave (DLF city) and then proceeded to build the Gurgaon township. Now, it has pan-india presence, with its properties being developed at almost all the Tier I and II cities of India. In Delhi, in the commercial sector, DLF has built infrastructure in Vasant Kunj, Saket and Mayur Vihar. It has also developed some office spaces. The corporate office of the company is located in Delhi. In , the total revenue of the company was US$ 1.4 billion. Established in 1972, Unitech has operations across 22 cities in the country. The company has ventured into constructing power transmission lines, highways, theme parks, steel plants, residential dwellings, indoor stadiums and hotels. Unitech was the first real estate developer to have been certified ISO 9001:2000 in North India. In Delhi, Unitech s noteworthy achievements include the Rohini amusement park, which is spread over 62 acres in Northwest Delhi. The project encompasses a shopping mall, Metrowalk, spread across 200,000 sq ft, an adventure island, a world-class amusement park and a water park. The registered office of the company is located in Delhi. In , the total revenue of the company was US$ 0.5 billion. Unitech has successfully entered the North Africa and Middle East real-estate market. The company boasts of long relationships with internationally acclaimed architects and design consultants, including SOM (USA), BDP (UK), Maunsell AECOM (HK), MEA Systra (France), Callison Inc (US), FORREC (Canada), SWA and HOK (US).

55 Parsvnath Developers Ltd Parsvnath Developers Ltd is one of India s leading real estate developers, with pan-india presence across 44 cities in 15 states. Parsvnath Developers Limited has a diversified portfolio, which includes integrated townships, group housing, commercial complexes, hotels, IT parks, Build-Operate-Transfer (BOT) projects, SEZs and third-party contracting. The company has successfully completed 44 projects and has a total developable area of over million square feet across real state verticals. The company is currently working on 50 projects, which span a total area of million square feet. In , the total revenue of the company was US$ 93 million. Parsvnath Developers Ltd is an ISO 9001, and OHSAS certified company. Ansal API One of the oldest real estate developer companies in the NCR, Ansal API has ventured into retail shopping malls, township development, hotels, clubs, facilities management, etc. In , the company posted revenue of US$ 153 million. Ansal has made large deals in residential and commercial properties located in Delhi-NCR, UP, Haryana, Punjab, Rajasthan, etc. The company has completed several residential buildings such as Gauri Sadan, Upasana at Hailey Road and Dhawan Deep on the Jantar Mantar Road at Connaught Place in New Delhi. The company has constructed the Ansal Plaza shopping mall in South Delhi, apart from several landmark high-rise commercial buildings such as the Statesman House.

56 There are a number of software companies in Delhi. These organisations are involved in the businesses of Enterprise Resource Planning (ERP), Structured Query Language (SQL) server, Document Management Systems, Customer Relationship Management (CRM), software development, Active Server Pages (ASP), web development, online office automation, etc. E-commerce companies in Delhi offer services such as registration of domain names, tele-billing, electronic signatures and web hosting. NASSCOM, the premier trade body and the chamber of commerce of the IT and BPO industry in India, is headquartered in New Delhi. The members of the association account for over 95.0 per cent of the industry s revenues and employ over 2.24 million professionals. Enabling institutions such as Software Technology Parks of India (STPI), a society set up by the Ministry of Information Technology, Government of India, for encouraging, promoting and boosting software exports from India, is located in New Delhi. As per the new Industrial Policy for Delhi , the government is keen on developing and promoting the hi-tech, sophisticated, knowledge-based IT and ITeS industries in the state. Evidently, the state government has formally approved two SEZs for IT at Shastri Park and Village Baprola, Delhi. Crown Business Park on Delhi-Badarpur border has come up, helping the IT boom in the region.

57 Owing to its geographic advantage, Delhi is a key arrival point for foreign tourists. During 2012, the state registered the highest foreign tourist arrivals (FTA) in India at 2.3 million (35.7 per cent of the total FTA). During 2012, Delhi recorded the second highest Indian tourist departures (ITD) to other countries at 3.2 million (21.6 per cent the of total ITD). Delhi is among the top tourist destinations in India, ranking third in Approximately 2.4 million foreign tourists, or 11.3 per cent of total foreign tourist arrivals in India, visited the capital in Canada s Four Seasons Hotels has entered into a partnership with The 3C, a real estate firm, to open a luxury hotel in Noida. The hotel is estimated to cost US$ million and likely to be operational by % Delhi airport Foreign tourist arrivals and Indian tourist departures* 34.4% 35.8% 35.7% 19.1% 20.2% 21.5% 21.6% FTA ITD Source: Ministry of Tourism, Indian Tourism Statistics 2012 *Figures indicate share of India s total; Indian tourist departures refers to Indians travelling to other countries

58 The metropolitan city of Delhi has always been the main tourist attraction of the country. Total domestic tourist arrivals in Delhi (in millions) 18.5 The number of domestic and foreign tourist arrivals has been increasing consistently in the state. The total domestic tourist arrivals increased from 15.4 million in 2011 to 18.5 million in The famous tourist places of the state are Akshardham Temple, Azad Hind Gram, Bahai Temple, Birla Mandir, Dilli Haat, Garden of Five Senses, Humayun's Tomb, India Gate, Jama Masjid, Jantar Mantar, Lodi Tomb, Parliment House, Purana Quila, Qutab Minar, Safdarjang Tomb and Red Fort Source: Ministry of Tourism, Indian Tourism Statistics 2012

59 The Delhi government has set up a Business Facilitation Council (BFC) to facilitate single-window clearances from various departments for establishing industrial enterprises in a time-bound manner. The BFC is headed by the Secretary and Commissioner (Industries) with the Joint Commissioner (Industries) as its member secretary. It will be operated through the BFC cell headed by the Joint Commissioner of Industries. The major objective of the BFC is to facilitate entrepreneurs in obtaining clearances from various departments/agencies in a time bound and efficient manner for setting up industrial enterprises. BFC will be the single point contact for entrepreneurs until Part-II of the entrepreneur memorandum is received and production is commenced. Senior functionaries of concerned departments such as the Department of Industries, Delhi Pollution Control Committee, Trade & Taxes Department, Electricity Distribution Companies, Municipal Corporation of Delhi, Labour Department, Delhi Fire Service Department, Drug Controller, District Magistrate, Delhi State Industrial and Infrastructure Development Corporation Limited, and Excise Department will be the nodal officers. These nodal officers shall ensure that the applications received by their departments are processed without any undue delay.

60 Approvals and clearances required List of procedures Departments Estimated time Obtain Director Identification Number (DIN) online from the Ministry of Corporate Affairs portal (national) 1 day Obtain digital signature certificate online from private agency authorised by the Ministry of Corporate Affairs (national) 3 days Registration for starting a new business Reserve the company name online with the Registrar of Companies (ROC) (national) Authorised agent 2 days Stamp the company documents at the State Treasury (state) 2 day Get the certificate of incorporation from the Registrar of Companies, Ministry of Corporate Affairs (national) ROC 5 days Source:

61 Approvals and clearances required List of procedures Departments Estimated time Registration for starting a new business Make a seal (private) Obtain a permanent account number (PAN) from an authorised franchise or agent* Obtain a tax account number (TAN) for income taxes deducted at source from an authorised franchise or agent* Register for value-added tax (VAT) at the Commercial Tax Office (state)* Register with Employees' Provident Fund Organisation (national)* Register for medical insurance at the regional office of the Employees State Insurance Corporation (national)* Authorised agent Central and state excise 1 day 12 days 12 days 9 days 13 days 15 days Source: *Parallel activity

62 Approvals and clearances required List of procedures Departments Estimated time Obtain no-due tax certificate from the House Tax Department (municipal) Obtain no-objection certificate regarding land use as per master plan/zonal plan (municipal) Notarise the affidavit/undertaking (private sector)* House Tax Department 18 days Obtaining construction permit Apply for building permit at the Municipal Corporation of Delhi (MCD) Receive inspection of the site by the Municipal Corporation of Delhi (municipal) Obtain building permit from the Commissioner of the Municipal Corporation of Delhi (municipal) MCD, Delhi 67 days Hire an independent electricity contractor and obtain load approval (private) Apply for permanent electricity connection with the BSES (private) Receive on-site inspection by BSES (private) BSES 3 days Source: *Parallel activity

63 Approvals and clearances required Obtaining construction permit List of procedures Departments Estimated time Receive inspection by an engineer from the Municipal Corporation of Delhi at the plinth level File completion certificate and apply for occupancy permit at the Municipal Corporation of Delhi (municipal) Receive final inspection of the construction by the Municipal Corporation of Delhi (municipal) Obtain occupancy permit from the Municipal Corporation of Delhi (municipal) Apply for permanent water and sewerage connections to Delhi Jal Board (municipal) Apply for permanent phone connection at Bharat Sanchar Nigam Limited (national)* Receive an initial on-site inspection from Delhi Jal Board (municipal)* Obtain permanent water and sewerage connection from the Delhi Jal Board Obtain permanent electricity connection from BSES (private)* Obtain phone connection (with inspection) from the BSNL (national)* MCD, Delhi Respective authorities 33 days 63 days Source: *Parallel activity

64 Approvals and clearances required Registering property in New Delhi List of procedures Check for encumbrances at the office of the sub-registrar of assurances (state) Pay the stamp duty at the State Treasury and obtain stamp paper (state) The final sale deed is prepared by the buyer or his lawyer (private)* Execute and register the final sale deed at the office of subregistrar (state) Apply to the circle revenue office for mutation of the property title (state) Estimated time 3 days 2 days 11 days 40 days Source: *Parallel activity

65 Small-scale industries registration has been simplified and replaced by memorandum under the MSMED Act Furthermore, filing of the memorandum is optional for micro, small and medium manufacturing enterprises, and micro and small service enterprises. The MSMED Act 2006 defines Manufacturing enterprises in terms of investment in plant and machinery, excluding land and buildings Service enterprises in terms of investment in equipment Classification Enterprise Investment Filling memorandum Micro enterprise US$ 0.05 million Optional Manufacturing Small enterprise US$ million Optional Medium enterprise US$ million Optional Micro enterprise US$ 0.02 million Optional Service Small enterprise US$ million Optional Medium enterprise US$ million Mandatory

66 State Level Export Promotion Committee (SLEPC) has been constituted to draw export policy and action plan and approve infrastructure projects for financial assistance under Assistance to States for Developing Export Infrastructure and Allied activities (ASIDE) scheme of Central Government. DSIIDC is responsible for the distribution of funds to the developer agency under the ASIDE scheme upon approval of a project. Delhi Financial Corporation Key agency Delhi State Industrial and Infrastructure Development Corporation Limited (DSIIDC) Delhi Khadi and Village Industries Board The Department of Industries, Government of NCT of Delhi Description This organisation provides financial assistance for industrial and commercial activities in the state. It is involved in providing infrastructure and marketing facilities to industries. It offers financial assistance to specific types of small scale industries (khadi and village industries). This organisation serves as the nodal agency to plan, promote and develop industries in the state.

67 Agency Delhi Financial Corporation (DFC) Delhi State Industrial Development Corporation Limited (DSIIDC) Delhi Khadi and Village Industries Board Department of Industries, Government of NCT of Delhi Contact information Plot No 37 and 38, Institutional Area, Pankha Road, D-Block Janakpuri, Delhi Phone: Fax: N-Block, Bombay Life Building, Connaught Circus, New Delhi Phone: Website: Delhi Financial Corporation Building, 5 th Floor, Nigam Bhawan (Old Hindu College), Kashmere Gate, Delhi Phone: md-dkvib@nic.in Website: Office of the Commissioner of Industries, Udyog Sadan, Plot No - 419, F I E Patparganj, Delhi

68 Parameter Cost estimate Commercial office space cost (per sq ft) US$ 130 to US$ 965 Labour cost (minimum wages per day) Power cost (per kwh) Residential rent (per sq ft per month) Skilled: US$ 4.6 Semi-skilled: US$ 4.1 Unskilled: US$ 3.7 Commercial: US$ 0.13 to US$ 0.15 Industrial: US$ 0.11 to US$ 0.14 US 23 cents to US 105 cents Five-star hotel room (per night) US$ 190 to US$ 415 Water (per 1,000 litres) Industrial: US cents to US cents Source: Delhi Electricity Regulatory Commission, Delhi Jal Board, Government of National Capital Territory of Delhi, Ministry of Labour and Employment, Government of India, Industry sources

69 Industrial Policy for Delhi Objectives The Industrial Policy for Delhi aims to make Delhi a hub of clean, high-technology and skilled economic activities by 2021 by adhering to the following basic principles: Encouraging cluster development of hi-tech and skilled industries through public private partnership Infrastructure development De-congestion Promoting walk to work Simplifying business Industry consultation in decision making and sustainability Promoting knowledge-based industries Read more New Land Pooling Policy Objectives Delhi Development Authority has changed its land acquisition policy to develop housing. The new policy is based on the concept of land pooling, wherein the land owner transfers the land ownership rights to the designated land pooling agency. The agency develops the acquired land and later transfers a part of developed land back to the land owner. According to the new land-pooling policy: For areas of 3 20 hectares, private developers will be able to retain 40 per cent of the developed land. For areas above 20 hectares, private developers will be able to retain 60 per cent of the developed land. Read more

70 Information Technology Policy 2000 Objectives The IT policy is governed by six Es : electronic governance, equality, education, employment, entrepreneurship and economy. The policy aims to promote these six goals in an integrated and parallel fashion for the overall development of information and communication technology in the state in terms of infrastructure and usage. The policy promotes IT for masses and e-governance, and aims to create a conducive environment for the growth of the IT industry and related infrastructure. Read more Transport Policy 2002 Objectives This policy has been framed with a view to provide safe, eco-friendly, cost-effective and efficient modes of transportation through a well integrated, multimodal transport system. The policy aims to make Delhi a well-managed, clean and dynamic city, which is involved in serving its citizens efficiently. The policy focuses on encouraging a balanced modal-mix and discourages personal transport. Read more

71 Average exchange rates Year INR equivalent of one US$

72 India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation with IBEF. All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of IBEF. This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of Aranca and IBEF s knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice. Aranca and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation. Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.

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