Being the seat of the Central Government, Delhi has an important position in the country in terms of formulation of policies. It has also become an important centre for trade and commerce with a number of key industry associations being present. The state also hosts several trade conventions and fairs throughout the year.
Delhi has emerged as a key state with a immense scope for development of the services industry such as banks and financial services institutions (BFSI), IT and ITeS, consulting etc. It is a prominent agri-trade centre of the country as well as a preferred tourist destination.
Many of the global corporations have offices in the state. The state proposes a wide range of fiscal and policy incentives for businesses under the Industrial Policy, 2010. Additionally, the state has well drafted sector-specific policies. Delhi has well developed social, physical and industrial infrastructure and virtual connectivity. It has an international airport and well developed rail and road infrastructure.
There has been significant infrastructure and environmental development in Delhi over the last 20 years. Delhi has a stable political environment with a single-party government. The State Government has been committed towards creating a progressive business. Delhi attracts skilled and semi-skilled labourers from across the country. It has a large pool of semi-skilled and unskilled labour, especially, in the 15 to 49 age group who serve the requirements of various industries.
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Banking and Financial Services sector
The city is home to a number of private and public banks and financial services institutions (BSFI).
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 while the Connaught Place, Chandni Chowk, Barakhamba road are the key points in the city where key offices of a large number of organisation are located.
Agri and processed-food sector
The city has a number of agriculture trading markets and food processing industry.
It acts as a nodal location for exchange of goods with Northern parts of the country because of good connectivity and supporting infrastructure.
There are nine principal markets and 12 different submarkets for trade of agricultural produce in Delhi.
The main food trade markets are located in Narela, Azadpur, TikriKalan, Shahdara, Bagh Diwar, Keshopur, Gazipur, Najafgarh and Mehrauli.
Construction & Real Estate
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.
IT, ITeS and other Knowledge based industries
There are a number of software companies in Delhi. These organisations involved in the business of ERP, SQL server, Document management System, CRM, software development, ASP, Web Developer, Online Office automation, etc.
E-commerce companies in Delhi offer services such as registrations of domain names, tele-billing, electronic signatures, web hosting, etc.
The units are spread across the state. With Government focussing on the sector, the prospects are very bright for IT related businesses and other knowledge-based industries such as consulting.
Well known companies established in Delhi are Softwell, Meta Option, Mind Extend Technologies Private Limited, Netsity Systems, Next GenIT Solutions Private Limited, One Earth Infotech, etc.
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Reliance Life Insurance
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 AsafAli road, Chandni Chowk, Janakpuri, Najafgarh, Narela, etc.
Life Insurance Corporation
The Life Insurance Corporation of India (LIC) is the largest life insurance company in India. It was founded in 1956 and it is also the country's largest investor. It is fully owned by the Government of India. It has assets of an estimated US$170 billion. Headquartered in Mumbai, the Life Insurance Corporation of India currently has eight zonal offices and 101 divisional offices located in different parts of India, at least 2,048 branches located in different cities and towns of India along with satellite offices attached to about 50 branches, and has a network of around 1.2 million agents for soliciting life insurance business from the public. It has Northern region headquarters at Connaught Place.
Travelex is the world's largest non-bank provider of commercial cross-border payment services. It is the world's largest retail foreign exchange specialist, with over 700 branded retail branches, principally in airports and tourist locations. The business also provides outsourced travel money services by supplying the foreign currency needs of financial institutions and travel agencies, as well as by fulfilling the individual orders of their customers. It has an office at Connaught Place, Delhi.
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 capitalization and profits.
Today, 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.
The bank is also provides complete payment solution to its clientele with its over 8,500 automated teller machines (ATM) and other electronic channels such as Internet banking, debit cards and mobile banking.
The bank is entering into many new businesses with strategic tie-ups -pension funds, general insurance, custodial services, private equity, mobile banking, point-of-sale merchant acquisition, advisory services, structured products -each one of these initiatives with a huge potential for growth.
In Delhi, it has branches 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 1969. 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), ComillaUnion Bank Limited (1922) and Hooghly Bank Limited (1932).
Today, the bank has 1,484 branches. In Delhi, the bank has branches located in Aruna AsafAli road, CR Park, Chandni chowk, Chittranjan Park, Connuaght Circus, Daryaganj, etc.
ABN Amro Bank
Recently acquired by the Royal Bank of Scotland, ABN AmroBank is a global bank for most business and personal financial needs, offering a comprehensive range of banking products, from retail and investment banking to asset management and private banking.
The banking network spans around 3,568 branches with offices spread across more than 320 cities and 76 countries and territories. There is more than 100,000 highly qualified staff at present associated with the bank. In Delhi, the bank has branches located at BarakhambaRoad, HauzKhas, Greater Kailash, RajouriGarden, etc.
Bank of America
The Indian branch of the Bank of America was started in the year 1960 in Hyderabad and added four more branches by 1999. The business processes of bank are handled in Hyderabad, Mumbai and Gurgaon. The major divisions of the bank are corporate banking, consumer banking, investment management and international operations. The bank has presence in Asia, Europe, Middle-East, Africa, Latin America, U.S. and Canada. The bank has offices in Delhi in central locations such as Connaught Place.
Citibank was established in India in the year 1902 with its head office located in Mumbai. Citibank India has carved a niche for itself in the area of providing topnotch consumer finance lending services. In Delhi it has branches located in Punjabi Bagh, VasantVihar, South Extension, Nehru Place, BarakhambaRoad, etc.
It is a leading global investment bank and was established in India in the year 1980. Known as Deutsche Bank AG, the bank launched its retail banking service in India in October 2005, followed by the launch of credit card services in July 2006. Deutsche Bank India offers its clients a complete suite of high-end products and services to make them undergo an excellent banking experience. Currently, Deutsche Bank India employs more than 4,000 people and has branches in several cities of India, including New Delhi, Mumbai, Chennai and Kolkata.
Hong kong Shanghai Banking Corporation Limited (HSBC Bank), is a fully owned subsidiary of the HSBC Group. The business of the bank ranges from private banking, personal finance, and commercial banking to corporate and investment banking. e bank provides a comprehensive range of services from private banking, commercial banking, personal financial services, corporate, investment banking and markets.
The HSBC group has more than, 9000 offices in about 86 countries ranging from Asia-Pacific region, Europe, the Americas, Africa and the Middle-East. It has several branches in Delhi.
The Standard Chartered Bank is one of the leading banks and has its branches spread all over the world. A majority of the profit earned by the bank comes from its business operations related to wholesale and consumer Banking in Asia, Africa and Middle-East countries. In Delhi, it has branches located in Bara khamba Road, Connaught Place, Chanakyapuri and Karol Bagh.
Mother Dairy, Delhi, 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 under the mother dairy brand such as liquid milk, curd, ice creams, cheese and butter, 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 66 per cent in the branded sector in Delhi where it sells 2.3 million liters of milk, daily and undertakes its marketing operations through around 14,000 retail outlets and 845 exclusive outlets of Mother Dairy. The plant is located in Patparganj.
Kohinoor foods Limited
It offers an extensive range of products that caters 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. Presently, it has a strong market presence not only in India but also in the US, UK, Dubai, Canada, Japan, Australia, Singapore and other European countries. It has a office in Greater Kailash in New Delhi.
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Allanasons is India's largest exporter of processed food products and agro commodities. The company has been designated as a five star trading house by the Government of India. It is the world's largest producer and exporter of frozen halal bone less buffalo meat. It is also India's single largest exporter of frozen meat, processed/frozen fruit and vegetable products.
The group has made substantial investments in creating world-class integrated food processing complexes. Its facilities have been certified for quality and product safety systems under ISO 9001:2000 and HACCP and ISO 14001
Hind Agro Industries
Hind Agro Industries Limited has Asia's most modern abattoir-cum-meat processing plant at Aligarh in Uttar Pradesh. It is a joint venture of Hind Industries Limited, the Government of Uttar Pradesh and assisted by Government of India.
The company has production capacity of 400 MT certified by APEDA and the company has a corporate office located in Okhla Industrial Area, New Delhi.
Shakti Bhog Foods Limited (SBFL), incorporated in 1992, was pioneer in branding and packaging a daily use product such as wheat flour.
It has now entered other daily use consumption products segments such as rice, salt and porridge.
It has a production facility on GT-Karnal road, Delhi.
Sterling Agro Industries Limited
Sterling Agro Industries has been marketing high quality dairy products under its brand "NOVA".
It has set the standards of excellence in its entire range of dairy products, its brands, NOVA and A-ONE, are well known success stories.
The office in Delhi is located at Pitampura.
DLF is primarily a real estate developer, rated as India's largest construction company in the sector. DLF has been in this industry for over 60 years now, and has developed celebrated homes, offices, malls, SEZs, hotels and infrastructure projects.
DLF started off with initial venture in New Delhi (Qutub Enclave), and then proceeded to build the Gurgaon Township. Now, it has a 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, Vasant Vihar. It has also developed some office spaces
The company started in 1974. Unitech has ventured into constructing power transmission lines, highways, theme parks, steel plants, residential dwellings, indoor stadiums and hotels.
In Delhi, Unitech's noteworthy achievements include the Rohini amusement park, which is spread over 62 acres in North-West Delhi. The project encompasses a shopping mall, "Metrowalk", spread across 221,000 sq. ft, an adventure island, a world class amusement park and a water park.
Parsvnath Developers Limited is one of India's leading real-estate developers, with pan India presence across 47 cities in 16 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 98 ongoing projects and a total developable area of over 193 million square feet across all real state verticals.
Parsvnath Developers Limited is an ISO 9001, 14001 and OHSAS 18001 certified company.
It is developing "La Tropicana" near Civil Lines on Magazine Road in North Delhi. It is spread over 16.8 acres and offers premium luxury for the occupants. Over 78 per cent area is reserved for lawns, parks, landscaped greens and water bodies, the condominiums with penthouses and villas, etc. Parsvnath Paramount is a super luxury air-conditioned residential area planned at Subash Nagar near Rajouri Garden and built on the same lines as La Tropicana.
One of the oldest real estate developer companies in the NCR, AnsalAPI has ventured in to retail shopping malls, township development, hotels, clubs, facilities management, etc. Ansals have completed several residential buildings like Gauri Sadan, Upasanaat Hailey Road and Dhawan Deep on the Jantar Mantar road at Connaught Place in New Delhi.
The company has also constructed the "Ansal Plaza" shopping mall in South Delhi, apart from several landmark high-rise commercial building such as the Statesman House, etc.
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More Information on Delhi
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