New Delhi, National Capital Territory of Delhi, India

Economy | International relations

🇮🇳 New Delhi is the capital of India and an administrative district of the National Capital Territory of Delhi. New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India.

Although colloquially Delhi and New Delhi are used interchangeably to refer to the National Capital Territory of Delhi (NCT), these are two distinct entities, with New Delhi forming a small part of the city of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad.

The foundation stone of New Delhi was laid by George V during the Delhi Durbar of 1911. It was designed by British architects Edwin Lutyens and Herbert Baker. The new capital was inaugurated on 13 February 1931, by Viceroy and Governor-General Irwin.

Economy New Delhi is the largest commercial city in northern India. It has an estimated net State Domestic Product (FY 2010) of ₹1,595 billion (US$21 billion) in nominal terms and ~₹6,800 billion (US$89 billion) in PPP terms. As of 2013, the per capita income of Delhi was Rs. 230000, second highest in India after Goa. GSDP in Delhi at the prices for 2012–13 is estimated at Rs 3.88 trillion (short scale) against Rs 3.11 trillion (short scale) in 2011–12.

Connaught Place, one of North India's largest commercial and financial centres, is located in the northern part of New Delhi. Adjoining areas such as Barakhamba Road, ITO are also major commercial centres. Government and quasi-government sector was the primary employer in New Delhi. The city's service sector has expanded due in part to the large skilled English-speaking workforce that has attracted many multinational companies. Key service industries include information technology, telecommunications, hotels, banking, media, and tourism.

The 2011 World Wealth Report ranks economic activity in New Delhi at 39, but overall the capital is ranked at 37, above cities like Jakarta and Johannesburg. New Delhi with Beijing shares the top position as the most targeted emerging markets retail destination among Asia-Pacific markets.

The government of National Capital Territory of Delhi does not release any economic figures specifically for New Delhi but publishes an official economic report on the whole of Delhi annually. According to the Economic Survey of Delhi, the metropolis has a net State Domestic Product (SDP) of Rs. 830.85 billion (for the year 2004–05) and a per capita income of Rs. 53,976 ($1,200). In the year 2008–09 New Delhi had a per capita Income of Rs. 116,886 ($2,595). It grew by 16.2% to reach Rs. 135,814 ($3,018) in 2009–10 fiscal. New Delhi's per capita GDP (at PPP) was at $6,860 during 2009–10 fiscal, making it one of the richest cities in India. The tertiary sector contributes 78.4% of Delhi's gross SDP followed by secondary and primary sectors with 20.2% and 1.4% contribution respectively.

The gross state domestic product (GSDP) of Delhi at prices for the year 2011–12 has been estimated at Rs 3.13 trillion (short scale), which is an increase of 18.7 percent over the previous fiscal.

International relations The city is home to numerous international organisations. The Asian and Pacific Centre for Transfer of Technology of the UNESCAP servicing the Asia-Pacific region is headquartered in New Delhi. New Delhi is home to most UN regional offices in India namely the UNDP, UNODC, UNESCO, UNICEF, WFP, UNV, UNCTAD, FAO, UNFPA, WHO, World Bank, ILO, IMF, UNIFEM, IFC and UNAIDS. UNHCR Representation in India is also located in the city.

New Delhi hosts 145 foreign embassies and high commissions.

New Delhi, National Capital Territory of Delhi, India 
<b>New Delhi, National Capital Territory of Delhi, India</b>
Image: Photo by Hakan Nural on Unsplash

New Delhi is rated Alpha − by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Alpha level cities are linked to major economic states and regions and into the world economy.

New Delhi is the #55 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.

New Delhi has a population of over 257,803 people. New Delhi also forms part of the wider Delhi metropolitan area which has a population of over 30,291,000 people. New Delhi is ranked #14 for startups with a score of 22.379.

To set up a UBI Lab for New Delhi see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities New Delhi has links with:

🇨🇳 Beijing, China 🇺🇸 Jersey City, USA 🇧🇪 Leuven, Belgium 🇷🇺 Moscow, Russia 🇮🇹 Rome, Italy 🇺🇿 Samarkand, Uzbekistan 🇮🇩 Surabaya, Indonesia
Text Atribution: Wikipedia Text under CC-BY-SA license | GFCI | GaWC | StartupBlink

  • Herbert Baker |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 🇿🇦 Architect Herbert Baker is associated with New Delhi. In 1912 Baker worked with Edwin Lutyens (1869-1944) in New Delhi. India, where he designed the Secretariat Building and the Parliament House.

  • Gordon Cullen |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect/Illustrator/Exhibition Designer/Urban Theorist/Painter Gordon Cullen is associated with New Delhi.

  • Elisabeth Benjamin |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect Elisabeth Benjamin is associated with New Delhi. She was a member of the MARS. Modern Architectural Research Group. 

  • Gordon Sanderson |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect Gordon Sanderson is associated with New Delhi. He is buried in the Gorre British and Indian Cemetery on the Somme.

  • Henry Vaughan Lanchester |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect/Town Planner Henry Vaughan Lanchester is associated with New Delhi. He was editor of The Builder from 1910 to 1912.

  • James Ransome |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect James Ransome is associated with New Delhi. From 1902 to 1907 he was Consulting Architect to the Government of India.

Antipodal to New Delhi is: -102.783,-28.631

Locations Near: New Delhi 77.2172,28.631

🇮🇳 Delhi 77.217,28.6 d: 3.4  

🇮🇳 Noida 77.32,28.57 d: 12.1  

🇮🇳 Ghaziabad 77.42,28.67 d: 20.3  

🇮🇳 Faridabad 77.306,28.393 d: 27.9  

🇮🇳 Gurgaon 77.029,28.456 d: 26.8  

🇮🇳 Gurugram 77.029,28.456 d: 26.8  

🇮🇳 Bahadurgarh 76.92,28.68 d: 29.5  

🇮🇳 Greater Noida 77.51,28.47 d: 33.7  

🇮🇳 Sonipat 77.022,28.99 d: 44.2  

🇮🇳 Palwal 77.329,28.143 d: 55.4  

Antipodal to: New Delhi -102.783,-28.631

🇵🇪 Pisco -76.2,-13.717 d: 16810.9  

🇵🇪 Callao -77.15,-12.067 d: 16782.7  

🇵🇪 Miraflores -77.033,-12.117 d: 16776.2  

🇵🇪 San Isidro -77.033,-12.083 d: 16773.9  

🇵🇪 San Borja -77.017,-12.1 d: 16773.6  

🇵🇪 Lima -77.033,-12.05 d: 16771.6  

🇵🇪 Rímac -77.017,-12.033 d: 16769  

🇵🇪 Villa El Salvador -77,-12.05 d: 16768.8  

🇵🇪 Chincha Alta -76.133,-13.45 d: 16787.8  

🇵🇪 Ancón -77.15,-11.733 d: 16759.4  

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