In an exclusive interaction, Zheng Bin, CEO, Industrial and Commercial Bank of China Ltd and Chairman, MCEA, says that India should not blindly follow the models adopted by other Smart Cities which have come up across the world, and instead rely on its own strategy.
Tag: smart cities
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Big data complements India’s Smart Cities Mission
In an exclusive, PP Chaudhary, Minister of State, Ministry of Electronics and Information Technology, Government of India, says that the Centre is planning three IT and electronics regions, which will create direct employment opportunities for 12 lakh youths.
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India keen on riding 5G wave Telecom secretary
The government has said that it is working on a policy on usage of high-frequency spectrum bands to ensure India moves quickly towards 5G, the next-generation of telecom services.
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Do we Need Smart or Wise Cities?
The concept of Smart Cities has been rapidly rising, mainly due to the Internet, in the last two decades. Information and Communication Technologies (ICT) have been widely used in government, businesses, and private societies, etc.
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We foresee more investments by FIIs, foreign investors and NRIs
The government has expressed the vision of 'Housing for all' by 2022, so in that sense the budget showcases a long-term vision. We are hoping that the government should articulate action plans that would follow their expressed intent. It was vastly anticipated that the budget would arrive at correcting the market drawbacks as a whole.
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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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Bonding with the Best
With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.
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Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities
Chandigarh-based Hartek Group, one of IndiaÂ’s fastest growing concerns catering to the power sector, has bagged a smart grid order from the Punjab State Power Corporation Ltd (PSPCL) for the supply, installation and commissioning of Supervisory Control and Data Acquisition (SCADA) relays at 55 substations in the upcoming Smart Cities of Ludhiana, Amritsar and Jalandhar.
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The Union Budget has a progressive outlook
The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.
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Smart Cities – India´s evolutionary urbanisation and financial initiative
The IMC Chamber of Commerce & Industry has convened its first international conference on ´Smart Cities - Reimagining Urban Spaces and Financing´ in Delhi. The conference was inaugurated by Jayant Sinha, Minister of State for Civil Aviation.