New Delhi is the national capital of India and having an office in this city is considered to be a matter of stature. Central Government is run from here and all ministries, embassies are stationed here. It is an upcoming trade center of Asia.
It is located at the center of the country. It has two airports one domestic and another international, one connecting the whole country with it and the other connecting it with the whole world. It is encircled by affluent and commercially dynamic regions offering profitable entry to global businesses.
- The dominant sectors in the city are, Information Technology, Retail Trade and Tourism.
- Delhi NCR, Noida and Gurugram in specific are the major Startup Hubs of the country. Some of the most profitable small businesses which can be started in Delhi NCR are:
- Personal Wellness
- Courses in Other Hobbies
- Graphic Design
- Social Media Management
- Marketing Copywriter
- Virtual Assistant Services
Whereas following are the Best Manufacturing and Processing Business ideas in Delhi NCR to start with :
Food & Agro Processing
Delhi NCR has made a significant contribution in agricultural production in the country. Rice, wheat, jowar, bajra, maize, barley and pulses are the major crops of the State. Under the diversification of crops, more and more area is being brought under cash crops like sugarcane, cotton, oilseeds, etc.
Automobile manufacturing sector dominates the Delhi NCR , thanks to the presence of Maruti-Suzuki, Hero-Honda, Honda Motors, Escorts which have led to the development of a large number of ancillaries in this Sector. Gurgaon-Manesar-Bawal region has been identified as an Auto Hub by Government of India. A number of auto & auto component units have already set up base in this hub.
The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries.
The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world’s sixth largest energy consumer accounting for about 3.5% of the world’s total annual energy consumption.
NCR of Delhi is blessed with the bounty of nature. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange.
Delhi NCR known for being the home to over two hundred Fortune 500 companies and a hub of BPOs, Gurgaon is the biggest producer of e-waste. A recent study revealed that Gurgaon generates about 8,000 metric tonnes (MT) of e-waste every year, the highest in the country. The groundwater in Gurgaon is contaminated with lead and heavy metals because of the unregulated disposal of e-waste and other solid and liquid waste.
Delhi NCR is a great area for Start-ups as the business environment is vibrant here. The National Capital Region of Delhi, Gurgaon and Noida are home to many multinational corporate companies whether the business is related to Software Development and Implementation, Retail Trading, Automobiles Trading and Manufacturing or Business Consulting etc.
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Compiled by Team KCC
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