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1.Govt appoints CEO of three smart cities in MP

The Madhya Pradesh Government has appointed Chandramauli Shukla, Rohan Saxena and Gajendra Singh Nagesh as CEOs of smart city projects in Bhopal, Indore and Jabalpur, respectively.


2.ZTE earmarks Rs.600 cr for Indian smart city projects

Chinese telecom gear maker ZTE´s software arm, ZTEsoft, plans to invest Rs 600 crore in smart city projects in India over a period of five years. Besides this, ZTEsoft would spend around Rs 100 crore on setting up a dedicated centre for smart city projects and brand building.


3.Conditioned for Success

Things are heating up in certain segments of the HVAC market. ´We´re seeing 18-20 per cent growth in the residential and commercial segments of the HVAC market, albeit not so much in the industrial sector,´ says A Ravi, President-Ishrae Thane Chapter, Head Marketing (Projects Business), Domestic Projects Group, Voltas Ltd.


4.NBCC till November 2015, has bagged work order worth over Rs.6,000 crore

NBCC bagged the India Pride Awards 2015, which was received by Dr Mittal. Under his guidance, the company has bagged several projects, and is set to achieve more. Dr Mittal shares more on these.


5.Construction | NBCC

NBCC is a blue-chip Government of India, Navratna Enterprise under MoUD. Established in 1960, it operates on a unique business model with three primary segments: PMC, Real Estate and EPC. To tap infrastructure projects in the Gulf, the company has opened an office in Oman.


6.The year 2017 will indicate 70 years of diplomatic relations between both countries

India is Belgium´s 11th largest export destination and fourth largest trade partner outside Europe. Bilateral trade between both countries during January-December 2015 stood at € 111.95 billion.


7.Opening Opportunities

Aluminium windows typically cost Rs 200-250 per sq ft as against UPVC window systems, which start at Rs 300-350 per sq ft. According to Londhe, ´Aluminium windows are less pricy than UPVC systems because they are made of a standard metal alloy, which lends itself to limited handling - aluminium can be powder-coated or anodised. In contrast, UPVC systems come in a variety of compositions.


8.Smart city Mission | Implementation begins only in 49 of 731 projects

Of the 731 smart city projects worth Rs 46,366 crore approved so far by the Union Urban Development Ministry, implementation has started in 49 (6.7 per cent) while 24 projects (3.3 per cent) are completed; 49.5 per cent projects are yet to be initiated.


9.Smart Cities, Budget Expectations – Deloitte

Despite the variations in investment quantum across cities, there are some common threads which run through most of the Smart City plans. The most important one is around financing. Even after considering Government of India and counterpart funding from the state governments as well as the municipality, for most cities there exists a financing gap of at least 20 per cent of the total investment plan, which would need to be met through private participation.


10.Smart Cities, Budget Expectations – Deloitte

Despite the variations in investment quantum across cities, there are some common threads which run through most of the Smart City plans. The most important one is around financing.