India and the US have discussed investment opportunities in the country´s urban development sector in the context of new initiatives like development of smart cities.
Tag: smart cities
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US keen to collaborate on infra
Noting that US companies have plenty to offer for India, USA´s Minister Counsellor for commercial affairs, John McCaslin, said that a core group of 30 US companies have expertise in IT-enabled services and data analytics, which are crucial elements for developing smart cities.
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Clawing Back to Action
He is a man of action and is showing the world that he means business. In many firsts in the month that went by, Prime Minister Narendra Modi presented India to the global industry as a nation that is seeking to attract investors with reforms and measures
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The Future Indian City
There are different models for development of smart cities. Some bring together a centralisation of different functions, others emphasise on the focused development of certain key infrastructure.
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Technology will play a significant role across various domains
Rakesh Kaul, Executive Director, leads the Smart Cities Initiative at PwC India. He highlights the opportunities and trends in this upcoming space and how the nation can capitalise on these opportunities.
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Code Green
Increasing focus on the development of green and smart buildings has opened up a plethora of opportunities for the creation of sustainable and planned infrastructure using technology as the binding factor for the creation of self-contained sub-cities.
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Get the basics right, then embark on new concepts
Smart cities are a recent concept. They emphasise efficiency by introduction of ICT in planning, managing, and governing our cities, with active citizens´ participation. However, we must be careful that we are not jumping the gun. In terms of progression
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Budget: Leapfrog from infra trampoline
The Union Budget 2014-15 presented by Finance Minister Arun Jaitley has laid an infra tarpaulin and created a mood for growth. An eBiz integrated portal where all ministries would be integrated by December is underway to facilitate business. The allocations are across the spectrum of infrastructure, manufacturing and social sectors.
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US trade mission plans $250 mn investments in India
The members of a recent delegation of US investors announced their readiness to invest $250 million worth of investments in India within the next 6-12 months. The 12-member trade mission, which visited Delhi and Mumbai last month, consisted of large US investors in sectors like logistics infrastructure, roads, power and energy, engineering, smart cities, manufacturing, and private equity.