Delhi is undoubtedly one of the fastest growing states in India. It is one of the largest metropolises and being the capital city, it is the centre of international politics, culture, literature and trade. At current prices, the estimated GSDP of Delhi was at ₹9,23,967 crore in the year 2021-22. The total merchandise exports from the state was US$ 8.26 billion in FY22 and US$ 3.10 billion in FY23 (until Aug 2022). The economy of Delhi is mainly dependent upon the following sectors, which is where you will also find the most government projects via eTender Delhi: 

Services

The main service industries in Delhi that contribute to its economy are IT, telecommunications, banking, media, hotels and tourism, power, construction, real estate, health and community services. One-third of the population’s workforce is qualified for occupations like medical, engineering, law and consultancy.

Manufacturing

A large number of consumer goods companies have established manufacturing units and their headquarters in the city. Additionally, Delhi’s skilled labour and a huge consumer market has attracted a lot of foreign investments. 

Retail

Delhi’s retail industry is the largest and the fastest growing in the country – from traditional bazaars to modern-day malls. From Connaught Place to Karol Bagh to Sarojini Nagar, Nehru Place to Kamla Nagar to Chandni Chowk, and Ambience Mall to Select Citywalk to DLF Mall of India, the city caters to everyone’s needs and delights.

Information Technology

Delhi has over 11,740 IT companies like Google India, IBM, HCL Technologies, Microsoft, SAP Labs India, Teleperformance India, TCS, Cinfoways among others. Delhi NCR that includes Noida in UP and Gurgaon in Haryana are also home to a robust IT sector. Delhi’s well-developed infrastructure, increasing workforce and ease of doing business culture makes it ideal for the IT sector.

Tourism

Delhi is visited by a large number of foreign travelers and NRIs every year. In fact 62% of tourists coming to India visit Delhi. In 2020-21, a budget estimate of ₹222.45 crore was earmarked for tourism by the Delhi Government that included revenue budget of ₹171.95 crore and capital budget of ₹50.50 crore. The tourism sector is predicted to grow at an average rate of 10.8% by 2026.

How does Delhi provide a conducive environment for SMEs and MSMEs to thrive?

  1. Large consumer base – Delhi has a population of over 18 million people, making it one of the largest consumer markets in India. This provides a huge potential for SMEs and MSMEs to tap into. 
  2. Well-connected – Delhi is well-connected to other major cities in India and has excellent transport infrastructure. This makes it easier for SMEs and MSMEs to distribute their products and services.
  3. Supportive policies – The government of Delhi has implemented several policies to support SMEs and MSMEs, such as providing financial assistance, training and development programs, and technology upgradation schemes. The Industrial Policy 2010-21 has committed to provide a conducive environment for knowledge-based and hi-tech IT/ITeS industries in Delhi. 
  4. Incubation centres – There are several incubation centres in Delhi that provide a supportive environment for startups and SMEs. These centres offer office spaces, mentoring, networking opportunities, and access to funding.
  5. Availability of skilled labour – Delhi has a large pool of skilled and semi-skilled labour, making it easier for SMEs and MSMEs to find the right talent.

Some of the recent developments in the state of Delhi include:

  • As per the state budget of 2022-23, the Delhi Government aims to generate 20 lakh jobs and has devoted ₹4500 crore for the same.
  • Delhi government has collaborated with Google to provide citizens with real-time information on public transportation services.
  • The New Excise Policy 2021-22 aims to generate optimum revenue and support ease of doing business.
  • The State Export Award was introduced in the year 2020 to felicitate outstanding export performers that are contributing to the state’s economy.
  • The State Budget 2022-23 has allocated ₹8616 crore towards the transport department.
  • The State Budget 2022-23 has allocated ₹3340 crore for subsidies to the customers through distribution companies, thereby promoting industrial growth.
  • `₹100 crore has recently been allocated under the scheme Mohalla Suraksha Yojana aimed towards safety and security of its citizens.

Looking for eTender Delhi? Here’s our take on it.

The Government e-Procurement System is the official e-procurement portal of the Government of India, and it provides access to e-tenders from all government departments including Delhi. Besides, Delhi Government e-Tendering Portal also provides access to etenders Delhi issued by various departments and agencies of the Delhi government. 

BidAssist.com is a comprehensive website that provides access to all e-tenders from Delhi or any tender for that matter. BidAssist eases your search as you have the option to specify the relevant criteria, such as the location, the type of goods or services you provide, the deadline for submission of bids and so on. You can also set up alerts to receive notifications whenever a new tender is issued that matches your search criteria.

Keep up with all the latest e-tenders Delhi on BidAssist.com

A PWD Delhi tender for resurfacing of a portion of ring road was published on 31st March 2023 with its bid opening date on 6th April 2023. The Delhi Jal Board tender for deployment of operation and maintenance staff at Sewage Pumping Station at Sector 16 Dwarka for a period of 180 days was published on 31st March 2023, in which the bid opening date was 10th of April 2023. Find all the latest e-tenders Delhi and get every detail and information on them only on BidAssist.com. BidAssist is updated with all the latest tenders published from India and all over the globe. At a time, there are at least 1,50,000 active tenders featured on BidAssist and another 2,80,000 tenders from more than 190 countries. Search no more. BidAssist has everything related to tenders that you can ask for.

For any query, feel free to reach out on BidAssist support and we will resolve any hurdle that you may come across during your search, filing of documents, submissions, results and so on. We are always at your service.

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