As of 2024, Mumbai had a gross domestic product of *** billion U.S. dollars, the highest among other major cities in India. It was followed by Delhi with a GDP of around *** billion U.S. dollars. India’s megacities also boast the highest GDP among other cities in the country. What drives the GDP of India’s megacities? Mumbai is the financial capital of the country, and its GDP growth is primarily fueled by the financial services sector, port-based trade, and the Hindi film industry or Bollywood. Delhi in addition to being the political hub hosts a significant services sector. The satellite cities of Noida and Gurugram amplify the city's economic status. The southern cities of Bengaluru and Chennai have emerged as IT and manufacturing hubs respectively. Hyderabad is a significant player in the pharma and IT industries. Lastly, the western city of Ahmedabad, in addition to its strategic location and ports, is powered by the textile, chemicals, and machinery sectors. Does GDP equal to quality of life? Cities propelling economic growth and generating a major share of GDP is a global phenomenon, as in the case of Tokyo, Shanghai, New York, and others. However, the GDP, which measures the market value of all final goods and services produced in a region, does not always translate to a rise in quality of life. Five of India’s megacities featured in the Global Livability Index, with low ranks among global peers. The Index was based on indicators such as healthcare, political stability, environment and culture, infrastructure, and others.

Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data was reported at 3.695 % in 2024. This records a decrease from the previous number of 3.718 % for 2023. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data is updated yearly, averaging 3.330 % from Mar 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 4.003 % in 2017 and a record low of 2.358 % in 1984. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s General Election – Table IN.GEI003: Memo Items: State Economy: Gross State Domestic Product: Contribution: National Gross Domestic Product. Data prior to 2012 is based on GDP at Factor Cost

The estimated per capita income in the capital of India, Delhi, was around *** thousand Indian rupees in the financial year 2024. There was a consistent increase in the income per capita in the union territory of Delhi the financial year 2012 till 2020.

552 726 (INR, lakhs) в 2024. A lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000)

In financial year 2018, the share of Delhi's Gross State Domestic Product (GSDP) in the overall GDP of India, measured at current prices, was **** percent. It is estimated that the share of GSDP will be **** percent in fiscal year 2022.

In 2022, the registered number of private cars in Delhi, India, amounted to over two million. The exponential increase in the number of private vehicles and the consequent emissions had contributed to making the air quality in Delhi very poor in recent years.

In the year 2022, over 300,000 births were registered in Delhi. The sex ratio in the city stood at 929 in the year. The number of registered births declined significantly from 2019 to 2021 and was the lowest in 2021 during the recorded period.

In 2022, ****** was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook. Overall, India had around *** billionaires as of March 2023, and ranked third globally in terms of its ultra-net-worth individuals. A growing wealth gap Despite this, India also has a very high wealth inequality with millions of people living below the poverty line. In fact, according to the last census, the state of Maharashtra (with Mumbai as its capital city) had the highest number of slums across the country with over *** million households. Furthermore, according to a 2015 study on the geography of the super-rich, Bangalore was ranked first in terms of the inequality between its rich and poor, with the wealth of the city’s billionaires being ******* times that of the average per capita GDP in the city. Mumbai came second in this listing, while Delhi was ranked fifth. It's a rich man's world As of 2018, the richest ** percent of Indians owned **** percent of the country’s wealth. The Indian economy was also seen to be one of the fastest growing economies across the world. This indicates the level of unequal distribution of wealth in the country. This is a matter of grave concern and has several implications in terms of the country’s development and progress.