Smart Cities Government Initiative Focused on Transforming India into Smart Nation: TechSci Research

Posted August 29, 2018 by ashi123

Government of India has selected 100 cities under Smart Cities Mission to enable economic growth and improve the quality of life in the country
According to TechSci Research report, “Market Study on Upcoming Smart Cities in India, 2018”, the government of India has selected 100 smart cities over a period of 3 years starting from the first round in January 2016 to the fourth round in June 2018. Of the total 100 smart cities, development of 33 cities selected in the first round and fast track round has already started. A Special Purpose Vehicle (SPV) has been formed for each of 95 cities, while the remaining cities are in the stage of creating SPVs. The mission is expected to directly or indirectly impact around 100 million of the country’s urban population. The major projects under the mission are associated with water sanitation and supply, electricity transmission and distribution, transport management, housing developments, etc. Moreover, the use of Information Technology is a major component in providing various services and bridging any gap between departments under the Smart Cities mission.

Many cities under the mission would have Command and Control Centres for overall city management. HP and Siemens are setting up such centre in Bhopal, whereas, Rolta, Efkon,       and Bosch are developing the centre in Varanasi. The projects under implementation are estimated to be worth $ 30.29 billion. Out of which, area-based development (ABD) cost accounts for around 81%, while the rest is pan city for technology-based solutions. The area selected can be city redevelopment, city retrofitting or greenfield development. As per census of 2011, the total area under ABD is around 2.7% of the total area of the cities shortlisted under the project.

Browse 103 market data Figures and Tables spread through 148 Pages and an in-depth TOC on

"Market Study on Upcoming Smart Cities in India, 2018"

“As of 2018, the Government of India has identified 100 smart cities, aimed at transforming the country into a digitally empowered economy. The projects being undertaken for smart cities are developing multi-modal transport, preservation of open spaces, affordable housing, waste management, etc. Currently, projects worth more than $ 30 billion are under implementation. Of the total project cost, about 42% is set to come from central and state funding, 23% through private investments and PPPs, and 19% through convergence with different schemes.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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“Market Study on Upcoming Smart Cities in India, 2018” has evaluated the future growth potential of the smart cities in India and provides statistics and information on structure and future development of the smart cities. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities associated with smart city development in India.

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 About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


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Issued By Tech Sci Research
Website Tech Sci Research
Phone +1 646 360 1656
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Country United States
Categories Industry
Tags bosch , cisco , hp , information technology , rolta , siemens , smart cities , smartcities india
Last Updated August 29, 2018