Delhi is ranked as most competitive city in manufacturing
sector as per manufacturing competitiveness Index 2014. Manufacturers of Delhi are giving best competition to other states. Delhi manufacturers are enjoying
good company operations and strategy. They have well established state business
environment. Delhi is famous for its cheaper and variety of products. And Delhi
manufacturers are producing fake goods in large number. This is the reason that
they can market their goods at lowest price. There are many small medium
enterprises who are giving more productivity in Delhi.
Delhi manufacturers are benefited through the government
industrial factors and policies. Those policies are giving encouraging results
to the manufacturers of Delhi. 16.15% of the GDP (Gross State Domestic Product)
is achieved by the manufacturers of Delhi. Delhi manufacturers have the
advantage of minimum wages labour. This helps them to reduce cost of production
thereby they are giving cheaper products. Delhi has 29 industrial estates for
the development of manufacturing. Manufacturing is the second largest economic
activity group in Delhi. Unemployment of Delhi is reduced gradually by the
development of manufacturers. It is studied that the income of registered
manufacturers are increased than unregistered manufacturers.
Delhi government has initiated many activities for the
development of manufacturing sector. Delhi State Industrial &
Infrastructure Corporation Development Corporation was started for the purpose
of aiding, assisting, counseling, financing, promoting and projecting the
startups of small manufacturers or industries in Delhi and giving them capital,
credit, resources, managerial and technical assistance for the success of their
work and business. With the support of government the manufacturers of Delhi
has achieved the top position in Manufacturing Competitiveness Index 2014. Such
competitive manufacturers are available for trading in Bizbilla.com.