Infrastructure is the backbone of any economy. But good infrastructure development needs good planning. Lack of planning is the biggest problem. China in comparison to India has shown better planning and flexibility while executing infrastructure projects. India has lagged behind due to its political system and populist outlook.
Category: Smart Cities
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India is at a very interesting and crucial moment right now
India is at a very interesting and crucial moment right now. The Indian government has stimulated a lot of activity involving infrastructure development such as the Smart Cities programme and the Delhi-Mumbai Industrial Corridor.
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By 2050, 60percent of IndiaĂ´s population will reside in towns
Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
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Around 950 million Indians cannot access Internet | Study
The Internet is out of the reach of nearly 950 million Indians, according to an ASSOCHAM-Deloitte joint study.
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Oppo plans $216 million industrial park
Chinese smartphone maker Oppo is planning an industrial park in Greater Noida which will house a manufacturing unit. Ă´We already have a production unit in India and the SMT (surface-mount technology) centre will be finished in February.
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Big Data Knocks on the Doors of Real Estate
There were 5 Exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days,'that was Eric Schmidt, Google CEO, speaking at Google's 2010 Atmosphere Convention.
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Bridging the Skills Gap
Political leaders the world over are considering infrastructure spending as a means for reviving economic potential. Economists have long established a direct link between infrastructure spending and overall economic growth. Oxford Economics and PwC have forecasted that global spending on infrastructure development will be around $78 trillion till 2025.
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Catalysts for Success
Smart Cities support the comprehensive development of physical, institutional, social and economic urban infrastructure, improve the quality of life, protect the environment and create jobs for millions, says Deepak Premnarayen, President, Indian Merchants' Chamber (IMC), and Chairman, FirstRand Bank India.
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Needed, Politics of Consensus
Mid-week, on the December 22, 2016 morning the radio channels blared out a slew of infrastructure projects the Devendra Fadnavis government in Maharashtra would be inaugurating at the hands of India's Prime Minister Narendra Modi, a couple of days later.
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Smart Development
'Has the Mumbai Revised Draft Development Plan (RDDP) 2034 of the Municipal Corporation of Greater Mumbai (MCGM) taken into the consideration the urban reforms suggested in the Smart City concepts launched by the Central government?' asked a senior colleague in a typically criticising tone, while the RDDP was still being prepared. Having been a part of the RDDP core team, it was natural for me to go on a defensive mode.