For India, transitioning from a $2.3 trillion economy to a $30 trillion economy by 2047 will need an incremental $20 trillion in urban economic output. India’s urban transformation is both a challenge and an opportunity, finds out Rakesh Rao, during his conversation with Clara Cutajar, Global Capital Projects & Infrastructure Leader, PwC; Jennifer Tay, Asia...
Tag: PwC
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People-centric approach a necessity
The development of India's Smart Cities has to be people-centric if the programme has to succeed in the long-term, a cross section of experts opined. This will entail smarter use of available resources and technologies to improve both infrastructure and service delivery in areas proposed for such development.
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We are trying to make a case for open data
development and development issues are a priority. In the last few years, the efforts have been to look at what are those path-breaking innovative ways in which system strengthening can also happen.
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We tend to thrive in volatile environments
We have been in business for nine years; our 10th year anniversary is in July. We always found that economic environments that are increasing or contracting are best for us. I might say it in another way. We tend to thrive in volatile environments where organizations are required to be ready for change.
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With the conducive environment, investor confidence will go up
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.
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By 2050, 60percent of India´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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Water Woes
Available water resources are not adequate for Indian states. But a comprehensive wastewater policy has not been implemented anywhere in India, and Maharashtra is a case in point.
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Net Result
The hype and fanfare that has accompanied Digital India, has managed to catch the imagination of people unlike any other initiative of recent times by the federal government.
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TRAILBLAZERS
A buzzing campus, enthusiastic students, a well-organised event, distinguished and exemplary speakers all made for a day´s worth of good entertainment but also important information and keen insights on infrastructure in India
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t of SEZs. As I mentioned earlier
Taking a cue from China´s success in SEZs, the government brought in the policy framework for Indian Special Economic Zones. The SEZs were established with the intention of bringing export-oriented growth to the country
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