Smart Cities creating new business opportunities in infrastructure development in India
SMART CITIES

Smart Cities creating new business opportunities in infrastructure development in India

With Smart City plan, Indore set to improve governance, service delivery and institutional operations, finds Public Sector team at Frost & Sullivan

With several Smart City development projects scheduled for completion in 2021, Indore being one of them, is set for rapid transformation. Intelligent city management systems for governance and service delivery, including intelligent transport systems, smart waste management and robust information technology connectivity, will improve urban services, quality of life and employment opportunities. It also will open up tremendous investment and growth opportunities across several sectors. Growth will be augmented by leveraging Indore’s commercial strengths and cultural heritage, and responding appropriately to concerns of inclusiveness and sustainability.

Frost & Sullivan’s ‘Smart Cities in India – Business Opportunities in Indore City, 2017’, assesses opportunities in the smart cities proposal and recommends go-to-market approaches for services, advisory, original equipment manufacturers and project implementation agencies.

To access more information on this analysis, please click here. A macro-micro overview showcasing insights relative to global trends across industries is available for the South Asian (India) and Middle Eastern & North African (MENA) markets.

“Indore is emerging as a modern commercial capital of the state from a traditional trade and commerce center,” said Sriramya Malladi, Senior Consulting Analyst, Public Sector Practice, Frost & Sullivan. “Development and investment in the super corridor, information technology parks, med-cities, and nearby industrial areas are expected to provide new employment and growth opportunities in the region. About 50 per cent of information technology service providers are also looking to expand to Tier-II cities such as Indore for benefits like availability of low-cost and skilled resources, lower real-estate cost, and lower attrition.”

Projects worth Rs 4,223 crore have been identified under the smart cities plan during 2016, with a major share of projects in the following sectors:

  • Built Environment, which encompasses townships, residential and commercial dwellings, institutional buildings like hospitals, universities, etc.
  • Transportation comprising of road infrastructure, mass transit systems and intelligent transportation.
  • Housing – Affordable and mass housing.
  • Energy, which includes alternate energy, waste-to-energy and energy-efficiency projects.
  • Public services – water supply and sanitation services, Health and educations facilities
  • Technology infrastructure, which includes pan city technology solutions for surveillance and monitoring of vehicle movement.

“Overall, the Indore Smart City project is in a nascent stage of implementation and offers long-term project scope to original equipment manufacturers and implementation agencies. Ease of implementation and priority of implementation will drive direct procurement contacts,” noted Malladi.


With Smart City plan, Indore set to improve governance, service delivery and institutional operations, finds Public Sector team at Frost & Sullivan With several Smart City development projects scheduled for completion in 2021, Indore being one of them, is set for rapid transformation. Intelligent city management systems for governance and service delivery, including intelligent transport systems, smart waste management and robust information technology connectivity, will improve urban services, quality of life and employment opportunities. It also will open up tremendous investment and growth opportunities across several sectors. Growth will be augmented by leveraging Indore’s commercial strengths and cultural heritage, and responding appropriately to concerns of inclusiveness and sustainability. Frost & Sullivan’s ‘Smart Cities in India – Business Opportunities in Indore City, 2017’, assesses opportunities in the smart cities proposal and recommends go-to-market approaches for services, advisory, original equipment manufacturers and project implementation agencies. To access more information on this analysis, please click here. A macro-micro overview showcasing insights relative to global trends across industries is available for the South Asian (India) and Middle Eastern & North African (MENA) markets. “Indore is emerging as a modern commercial capital of the state from a traditional trade and commerce center,” said Sriramya Malladi, Senior Consulting Analyst, Public Sector Practice, Frost & Sullivan. “Development and investment in the super corridor, information technology parks, med-cities, and nearby industrial areas are expected to provide new employment and growth opportunities in the region. About 50 per cent of information technology service providers are also looking to expand to Tier-II cities such as Indore for benefits like availability of low-cost and skilled resources, lower real-estate cost, and lower attrition.” Projects worth Rs 4,223 crore have been identified under the smart cities plan during 2016, with a major share of projects in the following sectors: Built Environment, which encompasses townships, residential and commercial dwellings, institutional buildings like hospitals, universities, etc. Transportation comprising of road infrastructure, mass transit systems and intelligent transportation. Housing – Affordable and mass housing. Energy, which includes alternate energy, waste-to-energy and energy-efficiency projects. Public services – water supply and sanitation services, Health and educations facilities Technology infrastructure, which includes pan city technology solutions for surveillance and monitoring of vehicle movement. “Overall, the Indore Smart City project is in a nascent stage of implementation and offers long-term project scope to original equipment manufacturers and implementation agencies. Ease of implementation and priority of implementation will drive direct procurement contacts,” noted Malladi.

Next Story
Infrastructure Urban

BEML Acquires Land in Chhattisgarh for New Plant

BEML Limited, a prominent public sector undertaking under the Ministry of Defence and a key player in defence and heavy equipment manufacturing, has unveiled a major expansion initiative with the acquisition of land in Chhattisgarh for a new manufacturing facility.According to a regulatory filing dated 9 May, the Chhattisgarh state cabinet has approved the allotment of 100 acres of land to BEML in the Janjgir-Champa district. The land has been allocated at a token rate of Re 1 per acre, paving the way for the establishment of a modern manufacturing unit focused on Heavy Earth Moving Equipment...

Next Story
Infrastructure Energy

Adani Launches India's First Hydrogen Cargo Truck

The natural resources division of Adani Enterprises has flagged off what it claims to be India’s first hydrogen fuel cell-powered truck, marking a major step toward cleaner and greener transportation in the logistics sector.Launched in Raipur by Chhattisgarh Chief Minister Vishnu Deo Sai, the hydrogen truck will be deployed to transport coal from the Gare Pelma III block to a state-run power plant. The initiative is part of Adani’s broader plan to gradually phase out diesel vehicles across its logistics operations.Developed through collaboration between Adani Natural Resources (ANR) and Ad..

Next Story
Real Estate

Noida to Open HQ and Bhangel Flyover in Two Months

The Noida Authority has announced plans to inaugurate its new administrative headquarters in Sector 96 and the Bhangel Elevated Road within the next two months. Both projects have faced repeated delays and budget overruns over the years.“We have decided to open both projects within the next two months as they are now in the final stages. Staff have been instructed to accelerate the work to meet the revised timeline,” said Lokesh M, Chief Executive Officer of the Noida Authority.The six-lane, 5.5-kilometre Bhangel Elevated Road has been constructed above the Dadri-Surajpur-Chhalera (DSC) ro..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?