This study explores the Indian Government’s $7.3 billion Smart City mission aimed at applying smart solutions to improve infrastructure and service delivery in Indian cities. It covers various aspects of the Internet of Things (IoT), including how it will be put to work to create smart energy, smart transportation, smart infrastructure and smart buildings, smart security, smart or connected homes, and smart healthcare.
The study provides a summary of the key financial mechanisms and operating models that will be used by the relevant stakeholders in the implementation of smart city projects. Also included are insights into key drivers and challenges impacting smart cities.
Although the Central Government has committed to the development of smart cities in India, state/ULB*-level strategies are yet to be formulated. ULBs will seek expertise and private collaboration to step forward with the most viable operating model and smart city pitch.
Source: PR Newswire
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