Smart City - A New India, Exploring the Investment Potential Market Reports on India Provides the Trending Market Research Report on “Smart City - A New India, Exploring the Investment Potential” under Business Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Migration from rural to urban areas is accelerating exponentially. It is estimated that by 2050, about 70 per cent of the global population will be living in cities, and the picture is same for India. Urban population in India is expected to reach 590 million by 2030 which would ideally necessitate a requirement of around 500 new cities. However, the accommodation is not a standalone issue. Indian cities, today, witness humongous pressure on poor infrastructure, lack of basic amenities, absence of hygiene, safety and security. At the backdrop of these challenges faced by Indian cities, creating smart cities, through human and social capital investment, is imperative to a sustainable and economic solution to address these issues. Smart City concept would optimally use the available technology; customize it for Indian situation so that scalable and cost effective solutions are found to achieve a networked society - essentially meaning efficiency based on intelligent management and integrated ICTs, and active citizen participation. Smart Cities in India would be a vehicle of growth as urban India is projected to contribute to 75% the country’s growth story in the next 15 years. Smart cities, thus, will not only re-write the country’s growth but would also help felicitate better and efficient living conditions. Request a free sample copy of Smart City Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1710717 Realizing the imperative of building smart cities, the scheme launched on June 25, 2015 by GOI was aimed to create 100 new smart cities and today it is noteworthy that 98 projects, costing INR 6,000 crores, are under implementation through PPP. In this report, we try to bring an understanding of smart city model in the context of India - Indian economy, social framework, and investment potential. Such an ideology would open the door for innovation which in turn would help strike the
Smart City - A New India, Exploring the Investment Potential
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