Delhi is the largest commercial center in northern India. As of 2016 recent estimates of the economy of the Delhi urban area have ranged from $167 to $370 billion ranking it either the most productive metro area of India.
New Delhi the capital territory of a well-populated country India, has the largest commercial center in North India. India is the fastest and the largest growing retail industry compared to other countries in the world. Many companies that deal with consumer goods in New Delhi have their own headquarters in the same city which helped the owners a lot to communicate with the customers easily and fast.
Delhi has a rich startup ecosystem for e-commerce businesses and opportunities for tech-centered startups to pitch their tents. Zomato and Hike messenger are other examples of startups from Delhi that quickly climbed the success ladder.
Last year, 220 technological startups took place in Delhi out of which 49 winning funding. This is comparatively higher than Bengaluru with 159 startups and only 18 winning fundings New-Delhi along with Bengaluru, co-hosted a conference for startup capitals, a leadership event celebrating the startup ecosystem of the cities.
Ease of doing business
New Delhi has emerged as the largest commercial city of North India with a wide skilled English speaking workforce It is also considered to be relatively cheap as compared to Mumbai. The owners of the companies does not face any problem related to electricity. Delhi also contains the large media houses like TOI and HT which provide a medium to exchange with the customers. These media houses support most of the startup ventures which can help the owners of new startup.