Frost & Sullivan’s “Smart Cities in India - Business Opportunities in Indore City, 2017”, assesses opportunities in the Smart City proposal and recommends go-to-market approaches for services, advisory, original equipment manufacturers and project implementation agencies.
To access more information on this analysis, please click here. A macro-micro overview showcasing insights relative to global trends across industries is available for the South Asian (India) and Middle Eastern & North African (MENA) markets.
“Indore is emerging as a modern commercial capital of the state from a traditional trade and commerce center,” said Sriramya Malladi, Senior Consulting Analyst, Public Sector Practice, Frost & Sullivan. “Development and investment in the super corridor, information technology parks, med-cities, and nearby industrial areas are expected to provide new employment and growth opportunities in the region. About 50% of information technology service providers are also looking to expand to tier II cities such as Indore for benefits like availability of low-cost and skilled resources, lower real-estate cost, and lower attrition.”
Projects worth INR 4,223 crore have been identified under the Smart city plan during 2016, with a major share of projects in the following sectors:
- Built Environment, which encompasses townships, residential and commercial dwellings, Institutional buildings like hospitals, universities etc.
- Transportation comprising of road infrastructure, mass transit systems and intelligent transportation
- Housing - Affordable and mass housing
- Energy, which includes alternate energy, waste to energy and energy efficiency projects
- Public Services - water supply and sanitation services, Health and educations facilities
- Technology Infrastructure, which includes pan city technology solutions for surveillance and monitoring of vehicle movement.
“Overall, the Indore Smart City project is in a nascent stage of implementation and offers long-term project scope to original equipment manufacturers and implementation agencies. Ease of implementation and priority of implementation will drive direct procurement contacts,” noted Malladi.
