A“WORLD MEDIA NETWOK” PRESENTS FDI IN INDIA & SCOPE
FOREIGN DIRECT INVESTMENT (FDI) IN DELHI
Delhi, India’s capital territory, is a massive metropolitan area in the country’s north. In Old Delhi, a neighborhood dating to the 1600s, stands the imposing Mughal-era Red Fort, a symbol of India, and the sprawling Jama Masjid mosque, whose courtyard accommodates 25,000 people. Nearby is Chandni Chowk, a vibrant bazaar filled with food carts, sweets shops and spice stalls.Population 1.09 Cr (2012) Delhi’s urban area is now considered to extend beyond the NCT boundaries, and include the neighbouring satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area called the National Capitl Region (NCR) and had an estimated 2016 population of over 26 million people
DELHI is divided in 7 regions in all 4 directions with Central Delhi
- Banking, financial services and insurance (BFSI), Agri and processed food, construction and real estate, IT and ITeS, Tourism and Logistics
- Key Sectors:
- National Capital Region (NCR) is India’s biggest milk market. The organised milk market in the region, estimated at five million litres per day, is growing 6-8 per cent annually.
- 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 requirement of a profitable investment. Real estate and ownership of dwelling and professional services contributed Rs 2,202 billion (US$ 31.2 billion) to Delhi’s Gross State Value Added (GSVA) in 2019-20. Delhi-NCR had recorded a net office space leasing of 10.82 million sq ft during 2019. According to a report from Cushman & Wakefield, Delhi’s upscale Khan Market has become the world’s 20th most expensive retail location.
- As per the new Industrial Policy for Delhi 2010-21, the Government is keen on developing and promoting the hi-tech, sophisticated, knowledge-based IT and ITeS industries in the state. For this, the Government has planned to set up ‘Centre of Excellence’ to promote innovation and entrepreneurship in the sectors.
DELHI-FDI INVESTMENT PRESENT SCENE
“WMN”BROAD VIEW & Business Support.
“World Media Network” is helping upcoming and existing businesses to grow as the government is supporting the business in increasing their work towards the domestic as well as international Tie-Ups. Service-oriented industries need to be promoted with direct and indirect participation for Franchising modules in the INDIA and “WMN” would help them to connect with the brands as well the investors and venture capitalists to increase the growth of the company in future.
- Delhi is one of the fastest growing states in the country. At current prices, the Gross State Domestic product (GSDP) of Delhi increased at a CAGR (in Rs) of 11.79 per cent between 2015-16 and 2019-20 to reach Rs 8.56 trillion (US$ 122.49 billion). The per capita GSDP (in Rs) increased at a CAGR of 9.48 per cent between 2015-16 and 2019-20 to Rs 427,308 (US$ 6,062).
- Delhi has an attractive real estate market and is a preferred tourist destination. Owing to its location, connectivity and rich cultural history, Delhi has always been a prime tourist attraction of the country. Delhi Metro is the seventh busiest metro rail network in the world with 178.9 million people having used the service in 2017. The average daily line utilization of Delhi Metro is 56.61 lakh per day by January 2020.
- The Government of Delhi has been committed towards creating a progressive business environment. The new Industrial Policy 2010-21 aims to provide a conducive environment for knowledge-based and hi-tech IT/ITeS industries in Delhi.
- According to Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investment (FDI) inflow in Delhi, including part of Uttar Pradesh and Haryana, stood at US$ 96.41 billion between April 2000 and March 2020.
DELHI& FDI MAJOR ANNOUNCEMENTS
- EESL&SDMC come together to enhance the EV infrastructure in Delhi to install around 75 charging stations in SDMC area.
- KVIC opens State of the art Footwear training centre or Leather articians in Delhi.
**Targeted Industries Key sectors**- “WMN”KEY ROLE.
“World Media Network” is playing an important role in all the categories and sectors, “WMN” is a Press Release distribution company covering over 180 countries covering twenty- five languages across the world . it has ventured into Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes, Talk shows . Press releases are based on industry standards with timely coverages and promoting the business development of FDI and the scope of growth in the country.
- Some of the major initiatives taken by the Government to promote Delhi as an investment destination are:
- New Delhi metro grey line will be constructed between Dwarka-Najafgarh station by December 2020.
- 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.
- Small-scale industries registration has been simplified and replaced by memorandum under MSMED Act 2006. Further, filing of the memorandum is optional for micro, small and medium manufacturing enterprises, and micro and small service enterprises.
- 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 the Central Government.
- 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.
- 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.
- The national capital received 29.11 million domestic tourists and74 million foreign tourists in 2018.