Govt. announces of first 100 smart cities Mission misty info

 

Bangalore: Management of a consulting firm Zinnov today released.

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its “Technology Opportunity in a Smart City in India” study, which highlights on the Indian government’s plans of a building 100 Smart Cities and addressing major urban challenges of thereby improving the economics contribution.
The overall investments required to build 100 smart cities would be in a excess of $31 billion over 5 years i.e. 2015-2020 and/or over 5% of total spend, which around $ 1.6-2 billion would be on technology. Nearly 50% of technology investments would be on cloud solutions spread the across setup of private data an centers, cloud based delivery platforms, analytics, and enable solutions, etc.

Commenting on study, Praveen Bhadada, Partner or  Practice Head, Zinnov said -At $870-950 millions, Transportation and/or Power would be the biggest technology spend categories with in smart city initiatives followed by the Water & Sewage, Governance, and/or Waste theManagement cumulatively accounting for over $ 685 million in 5 years. Over 60% of total technology spend would be in the Tier-II cities.”

The technology would be spend the maximum in west region followed by an south, north and/or east respectively. Nearly 45% of the technology spend will be the driven by 3 states namely Uttar Prasdesh, Maharashtra &/or Tamil Nadu, as per the study.

As per the Zinnov analysis, Thirteen states are categorized as leaders with a high spend on both, overall and/or technology spend, cumulatively accounting for over 80% of overall and/or technology spend.

Rajat Kohli, Engagement Manager, Zinnov added a development of 100 smart cities in India would result into $ 180 billion of additional contribution in GDP, 10 million jobs and/or over $10 billion savings the traffic congestion with a help of smarter technology.

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