Premium Essay

Smart City In India

Submitted By
Words 1018
Pages 5
The development model of Government of India added another feather in the cap with the new project of making one hundred Smart Cities. Finally the Prime Minister Narendra Modi launched the Smart Cities Mission and declared India all set to give shape to its ultramodern smart cities. A year back when the idea of smart city was presented in the Budget 2014, there was a global buzz over building smart cities and many interconnected notions floated in this perspective as no clear definition was given to the Smart City. But ultimately with the launch of this project Prime Minister Narendra Modi finally eliminated the uncertainty and gave a definition of Smart City in India. The concept of Smart City is incorporated with three major schemes - Effective …show more content…
Furthermore Urbanization and smart cities would also offers a set of opportunities for the creation of employment opportunities and economic deeds would consequently improve the quality of life. So it is important to acknowledge that economic processes are deeply dependent on urban structures that may lead to necessary speed and scale of economic growth in developing cities. In this sense, if we take the example of China, its Economic Growth dependency on urbanization is probably bigger than any other country in the world. As China is the second economy in the world the economic growth is strongly connected with the investment in urbanization. Urbanization is considered as a suitable strategy to increase the economy of the country. India witnesses a slower urbanization as compared to rest of the developing countries in the world so the mission of building 100 Smart cities and Rejuvenation and Urban transformation of 500 cities is a great scheme, if executed appropriately will prove to be a leap of achievement for the development of the country. In India the urban population is currently nearly 40 percent of total population and contribute a higher share of the GDP. In next 10 -15 years it is anticipated that the urban cities of India will share out nearly 75% of the national …show more content…
The revitalization of cities could benefit very different sectors that include urban consumption and urban services - consumer banking, private healthcare, telecom data services and internet; urban infrastructure services and real estate. The 2011 report of the High Power Executive Committee estimated that by 2031, the urban population of India is likely to rise. The Smart cities and urban transformation will further propel the growth of usage of E-Governance. A report released by McKinsey Global Institute (MGI) on Urbanization highlights that substantive infrastructure investment is required to in India for economic growth. A strong realization is required to improve the urban India to achieve fast and persistent economic development. Government of India's overarching Smart cities and urbanization objectives are meant to achieve economically productive, proficient, complete and responsive

Similar Documents

Premium Essay

Analytics Ppt

...What is Smart City The first question is what is meant by a ‘smart city’. The answer is, there is no universally accepted definition of a smart city. It means different things to different people. The conceptualisation of Smart City, therefore, varies from city to city and country to country, depending on the level of development, willingness to change and reform, resources and aspirations of the city residents. A smart city would have a different connotation in India than, say, Europe. Even in India, there is no one way of defining a smart city. Some definitional boundaries are required to guide cities in the Mission. In the imagination of any city dweller in India, the picture of a smart city contains a wish list of infrastructure and services that describes his or her level of aspiration. To provide for the aspirations and needs of the citizens, urban planners ideally aim at developing the entire urban eco-system, which is represented by the four pillars of comprehensive development-institutional, physical, social and economic infrastructure. This can be a long term goal and cities can work towards developing such comprehensive infrastructure incrementally, adding on layers of ‘smartness’. In the approach of the Smart Cities Mission, the objective is to promote cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions. The focus is on sustainable and...

Words: 532 - Pages: 3

Free Essay

Affordable Housing in Pune

...housing as a part of the smart cities mission in Pune TABLE OF CONTENTS I. Introduction .............................................................................................................. 1 II. Literature Review..................................................................................................... 6 a. Affordable housing and slum redevelopment in a global context ..................... 6 b. Affordable housing and slum redevelopment in India ....................................... 7 c. Affordable housing and slum redevelopment in Pune ....................................... 9 III. Need Assessment ................................................................................................... 10 IV. Bibliography .......................................................................................................... 12 Introduction The term, “smart city” can be rather nebulous when taken by itself; there exists no widely accepted definition (Ministry of Urban Development, 2015, p. 5). The significance of a smart city varies across countries and cities, making it imperative to examine what the name means in the Indian context. As per the government, a smart city has three major features: a strong infrastructural core that induces high-quality living, a sustainable, clean environment and “smart solutions” (Ministry of Urban Development, 2015, p. 5). Even this concise description of smart cities seems to depict a highly...

Words: 4151 - Pages: 17

Free Essay

Csr in Real Estate

...Real Estate Management Make up Assignment Submitted To Prof. Nageshwar Rao For partial fulfillment of the course REM Submitted by Barnendu Sarkar, Roll No.: 2014PGP078 Article: “Housing for All by 2022” Mission – National Mission for Urban Housing, 17 June, 2015 Link: http://pmindia.gov.in/en/news_updates/housing-for-all-by-2022-mission-nationalmission-for-urban-housing/ АNАLYSIS Prеsеnt situаtion of Housing in Indiа Rеquirеmеnts to аchiеvе by 2022 Shortаgе of housing by аbout 60 million units By yеаr 2022, Indiа would rеquirе to еstаblish аround 110 million housing units Аmount of yеаrly invеstmеnts in thе housing sеctor is closе to USD110 to 120 billion. Invеstmеnts grеаtеr thаn USD2 trillion or аbout USD250 to 260 billion аnnuаl invеstmеnt till 2022 . Аvеrаgе CАGR of 5 to 6 % in аnnuаl rеаl еstаtе invеstmеnts bеtwееn 2008 аnd 2014 Invеstmеnts would rеquirе to risе аt а CАGR of 12 to 13 % (unаdjustеd for inflаtion) in 2022 Prioritisеd rurаl growth lеаding to unеvеn distribution of housing dеvеlopmеnt 70 % of housing rеquirеmеnts till 2022 should bе concеntrаtеd in ninе Indiаn stаtеs; rеquirеmеnt thеrе bеing thе highеst Both cеntrаl аnd stаtе govеrnmеnts аrе spеnding аbout USD5 to 6 Bn аnnuаlly , аbout 3% of currеnt invеstmеnts in rеаl еstаtе sеctor, which is аlso 1% of its аnnuаl еxpеnditurе. Urbаn housing would аccount for а shаrе of аbout 85 to 90 % of thе totаl invеstmеnts; thе focus should ...

Words: 1799 - Pages: 8

Premium Essay

Ginger Hotels

...Ginger: Smart BasicsTM Roots Corporation Limited develops and operates a fast-expanding chain of economy hotels across India under the “Ginger” brand. There is currently a lack of competition in the branded economy hotels segment and Ginger is the only branded economy hotel chain in India. The Ginger hotels are built around a concept that provides facilities to meet the key needs of today’s traveler, at affordable rates. Ginger faces challenges in different aspects of its business as it aims to deliver consistently, quality service to the customer and manage customer expectations. COMPANY BACKGROUND Exhibit 1: The proportion of hotel segments across Indian cities. Jaipur Cochin Goa Pune Hyderabad Bangalore Chennai Kolkata Mumbai Delhi/National Capital Region Budget Mid-market First class Lurxury Roots Corporation Limited (RCL) is a wholly-owned subsidiary of The Indian Hotels Company Limited (IHCL). IHCL is a part of the Tata Group of companies (see www.tata.com), India’s premier business house. Taj Hotels Resorts and Palaces comprises 77 hotels, 7 palaces, 6 private islands and 12 resorts in 40 locations across India with an additional 18 international hotels in the Maldives, Mauritius, Malaysia, Australia, UK, US, Bhutan, Sri Lanka, Africa, and the Middle East. Incorporated on 24 December 2003, Roots Corporation Limited operates the first-of-its-kind category of Smart Basics™ hotels across India. Launched in June 2004, the Smart Basics™ concept created a revolution...

Words: 3966 - Pages: 16

Free Essay

Internet of Things

...through internet. They also intern generate data and can be stored on cloud for further processing or the data required for control mechanism of these THINGS may exist on cloud itself. The crux of such exercise is to achieve improved efficiency, effectiveness, accuracy and economic benefit. I chose not to tell you the whole story but few specific examples of IoT which will bring us on same page of thoughts and make us easily understand in future anything we come across which is related to IoT. Smart Home: Smart home widely working on ZigBee protocol (considered as most secured and safe till now) is basically automation of lights, AC, door lock, Curtains etc.. In home and also able to communicate via internet through a gateway to any smart device connected to internet like smart phone and be accessible to any authorised user so as to monitor or control home appliances sitting globally anywhere using a smart home specific application. For example a Chinese brand called Wulian for smart home which entered Indian market recently (Where I did my SIP) has some of its application mentioned as follows which gives you a flavour of what exactly it is like. Scene Control Users can customize the multiple scene modes for lights, AC, multimedia devices etc... at once with scenes like home, out, party, visitor, sleep etc.. Linkage Control There is a...

Words: 1698 - Pages: 7

Premium Essay

Cecsdc

...Executive Summary (word count: 104) Ginger Hotels is an Indian hotel chain, established by Roots Corporation Ltd and part of “The Indian Hotels Company Ltd” which is a part of Tata Group. It comes under the brand of “Smart Basics Hotels” having almost 30 hotels in different parts of India. Ginger Hotel looks very similar to the other hotels of the same class with all the facilities that a normal hotel would offer but the difference comes when the services are offered. The Tagline which says “Please help yourselves“ aptly reflects its most distinguishing features like Self-Service Check-in, Give n Take, Smart Get Set, Smart Knick Knacks, Smart Mart. Detailed Case Analysis (word count: 980) Ginger hotels are built around a unique concept that provides facilities to Business traveler, middle class family, tourists and a small portion for student section also at surprisingly affordable rates. The primary objective behind the launch of these hotels is to provide a high class service offering and consistent experience which is entirely different from other hotels. Ginger hotels try to maximize the value, which customers get in return. The main driving principle is Value= Utility divided by cost. As the utility increases value increases and as cost decreases value again increases. So the management tries to increase the utility (different special services) at an optimum price (lesser compared to competitors.) The entire design was led by developing a clear understanding of the...

Words: 4117 - Pages: 17

Premium Essay

Research

...Transit Railway Corporation | Sustainability Report 2001 & 2002 | Hong Kong | | Support & Improvement of Education | Winner | Tat Consultancy Services | Adult Literacy Program | India | | | Merit Awardee | Coca Cola Foundation, Inc. | Creative Writing Workshop on Children’s Books | Philippines | | | Merit Awardee | Hong Kong & Shanghai Bank Corp. Phils. (HSBC) | Model of Excellence School in Esteban Abada | Philippines | | Best CSR Policies | Winner | Union Cement Corporation | Union Social Development and Management Program | Philippines | | | Merit Awardee | Unocal Thailand | The Social Responsibility Ambassadors Program | Thailand | | | Merit Awardee | Central Azucarera Don Pedro | The Community Development Program | Philippines | | Poverty Alleviation | Winner | Hindalco Industries | Integrated Rural Poverty Alleviation Program | India | | | Merit Awardee | Allen & Overy | Supporting “Helpers from Domestic Helpers” | Hong Kong | | | Merit Awardee | Seylan Bank | Comprehensive Microfinance for Micro-sector Empowerment | Sri Lank | | Special Achievement Award | Winner | Philippine Business for Social Progress |   | Philippines | 2004 | Best Workplace Practices | Winner | Hindustan Petroleum Corporation Ltd | Employee Friendly Project | India | | | Merit Awardee | Edaran Otomobil Nasional Berhad | Better Workplace, Better Performance | Malaysia | | | Merit Awardee | Johnson & Johnson (Phils.) Inc. | CREDO- Based Employee...

Words: 1901 - Pages: 8

Premium Essay

Microgrid

...about renewable energy, solar and wind power first come in our mind. Drawing energy from these sources, micro grid can potentially benefits humans if properly understood. Micro grid is indeed a revolutionary concept that has potential to minimize the dependence to main power grid, especially for the purpose of low to medium wattage consumption. But how to fast utilize the solar or any other form of renewable energy is still not addressed. Let me raise some concerns that are the reasons why solar or other form of micro grid are still not prevalent. Today, carbon emission is a matter of concern. Absolutely true. But how many people actually know that? Or. How many people seriously think about that? Global temperature is rising; many cities can sink under sea-academicians know that. But common people, from developed and developing countries alike, really do not seriously bother about that. Why? Nobody of us actually can neither foresee future nor worry about what will happen 100 years later. We are biologically engineered not to wake up until the disaster happens. We cannot actually embody why micro grid is necessary. We do have grand theories to save earth but little action thus far has been taken on the ground. Therefore, to induce people into micro grid business,...

Words: 1134 - Pages: 5

Premium Essay

From Diary of an Mba

... Aman Bhatia SAP ID: 80101150602 SAP ID: 80101150081 MBA 2015-17 MBA 2015-17 1st Year 1st Year Go Mobile or Go Home Tablets, IPads, smartphones are ubiquitous and people are glued to these handy screens. We just love anything that’s convenient to us and this is how we want to eat, travel, shop and do anything just by touching the screen in our palms. Smart mobile is the present and smarter will be the one who uses it to build business and grow. Ditto!! Ecommerce companies is what we are taking about or should we call them M-commerce as they are growing in the mobile space. But why this rapid increase in smartphone users? The answer is ever involving digital technology and future generations of mobile networks. And this is the fact retailers are leveraging upon. While domestic players Flipkart and Snap deal rule the market, the sector has also caught the fancy of global giants like the Amazon and China’s Alibaba — all are competing hard for a bigger share of the cake. Competition is expected to grow more and more with these e-commerce companies employing different ways to attract consumers...

Words: 1458 - Pages: 6

Premium Essay

Case Study Shopper's Stop

...Situational Analysis SWOT Analysis |Strengths |Weakness | |Sustained focus on operational format (department store) |Disengagement with younger customer segment | |Loyal customer base (First Citizen) |Conflict in recognition of private label vs. stocking the best | |Pioneer in modern retailing in India |brands | |Available resources for expansion |Women’s clothing difficulties | |Good financial position |Limited experience in catering to younger generation | |Numerous retail outlet locations across Tier 1 cities | | |Projecting to increase retail presence in Tier 2 and 3 cities | | |Vast vendor portfolio | | |Private label contributed to 23% of total revenues | | |Solid operational management (creating separate SBU’s for new | ...

Words: 1347 - Pages: 6

Free Essay

Creating Blue Oceans

...market share. Organizations often find “blue oceans” by leveraging disruptive technologies that change the rules of the game within the competitive environment. In presenting a strategic disruptive innovation, I will use the example of Meru Cabs Private Limited (Meru), India’s first radio-cab service introduced in April 2007. Meru has a an interesting history in the context of competitive strategy in that when its services were first introduced by IVCF, the company that owns Meru, no service of its kind was previously available in India. Over the last four years, several companies have introduced radio-cab services that were essentially identical to that of Meru. While the radio-cab industry in India has become a “red ocean”, where several companies are competing for profits and market share, Meru, by virtue of being the first entrant, has established its brand as a provider of comfortable and trustworthy means of transport within major metro cities. Prior to Meru Cabs, the only available modes of transport in major Indian metros were public transport (local rail and bus), yellow cabs and auto-rickshaws or private cars. While public transport is comparatively the cheapest mode of transport, local rail and bus lines are overcrowded, carrying almost three times the listed capacity during rush hour times. Yellow cabs and auto rickshaws while providing slightly better comfort, are not air-conditioned and can only be hailed on the street with drivers often refusing undesirable fares...

Words: 969 - Pages: 4

Premium Essay

Tata Nano

...–natalie81985@gmail.com Correspondence Address Natasha Saqib C/O Jamsheed Saqib United India Insurance Co. Ltd Divisional Office Regal Chowk Srinagar, Jammu & Kasmir Pincode No 190001 POSITIONING IS INEVITABLE –A CASE STUDY OF TATA NANO Abstract The forces of globalization and technological advancement have rendered the market place highly competitive and complex. The customer's needs, wants and expectations are changing at an exponential rate posing great challenges to the companies. For surviving and thriving in this scenario companies need to develop effective brand positioning strategies .Positioning helps customers know the real differences among competing products so that they can choose the one that is most valuable and useful to them.This is a case study of Tata Nano, one of the most ambitious projects of Tata Motor’s, which was started in 2008. It was envisioned by the Tata Group former chairman Ratan Tata himself. The case focuses on how the initial strategies for launching and positioning Tata Nano as a “People’s Car” backfired and how management recognized its shortcomings and mistakes that led to the wrong positioning of Tata Nano as “Worlds Cheapest Car” among the segment it was created for. And how finally after four years of it commercial launch, understanding the inevitability of positioning management repositioned Tata Nano as a "Smart City Car" by focussing on the youth to rejuvenate its image. Key words: Positioning, Repositioning...

Words: 6332 - Pages: 26

Premium Essay

Reasl Estate Financing

...A TERM PAPER ONReal Estate Financing | | A TERM PAPER ONReal Estate Financing | | Contents Real Estate Sector in India 2 Role of Government in Real Estate Financing 3 What is a REIT? 3 REIT in India 4 Impact of Government Measures on Real Estate Financing 5 Why would Real Estate Finance work in India 7 Affordable Housing: 7 Smart City Investment Opportunity: 8 Smaller Tier 2 and Tier 3 Cities Offering Immense Growth Potentials: 8 Tier 2 and tier 3 cities have been offering far more real estate projects leading to a pan India growth. Some of the biggest real estate companies are focusing on smaller centers offering investment opportunities galore. With real estate prices in the metropolitan cities getting stagnant to an extent, expect for projects located the new industrial corridors the smaller centers are offering a great opportunity for both investors and real estate manufacturing companies 8 Tax Exemption 8 Available Space 9 The South Asian country has top quality office space of about 350 million square feet across its six biggest cit0ies, according to Jones Lang LaSalle Inc. Of this, about 100 million square feet are potentially available for REIT listings, which could be valued at as much as $9 billion, the broker estimates.The combined debt of India’s six largest developers climbed to a record 394 billion rupees in the 12 months through March 31, more than double the 158.8 billion rupees in 2007, according to data compiled by...

Words: 6782 - Pages: 28

Premium Essay

It Manager

...Report 2014 SMART CITY EXPO WORLD CONGRESS 1 SCEWC 2014 5 2 Exhibition Global Partners Supporting Institutions Hosted by Organized by 3 Smart City Plaza Call for Solutions Partners’ Solutions Report 2014 10 12 16 18 18 20 22 24 4 Smart Activities Brokerage Event 1st Smart Cities Investment Forum Job Marketplace Smart City Open Innovation Marketplace SynergyS Internet of Things Big Bang Data Exhibition 26 28 28 29 29 29 30 30 5 Side Events CitiSense City Innovation Summit Rural Smart Grids 32 34 34 34 6 Cities and Countries 36 7 World Smart Cities Awards City Award Project Award Innovative Initiative Award Award Ceremony 40 42 42 42 43 8 Congress Keynotes Plenary Sessions Parallel Sessions 44 48 52 60 SMART CITY EXPO WORLD CONGRESS Beyond urban growth Rethinking the future city Smart City Expo World Congress (SCEWC) has become the leading event in the smart city industry. The 2014 edition recorded its best-ever figures with 10,838 visitors, 3,661 delegates, 275 exhibitors and 370 speakers coming from 92 countries and 440 cities to share the latest thinking on current and future issues related to urban growth. They all met and networked in a 20,000 m2 venue divided into two distinct areas: The exhibition area, which was the global marketplace ...

Words: 20230 - Pages: 81

Premium Essay

The Importance Of Urbanization In India

...Promoting Urbanization and Smart Cities Cluster With rapid urbanization in India, and development of cities as economies of agglomeration, it is critical for Indian urban centers and cities to serve as knowledge and innovation hubs to attract investment and raise productivity. With rapid urbanization impacting strategic thinking around GVCs, investment in smart cities as demand and supply centers will play a key role in the GVC ecosystem. Appropriately, cities should be perceived and developed as innovation centers with localized and customized value chains, by leveraging and promoting agile SMEs. Broad focus on urban clusters can be classified as: • Developing core physical infrastructure that connects people to energy, water and other services, and to markets; • Policy and Regulations: Budgetary and business environment policies focusing on less-restrictive regulations for flow of goods, services, capital and labour and Foreign Economic Policies to promote cluster economic activity, and FDI; • Building institutions for social capital; • Strengthening political and legal system of city...

Words: 1345 - Pages: 6