Log In

 

Company Name : Frost & Sullivan

Tuesday, January 9, 2018 4:07PM IST (10:37AM GMT)

Smart Cities Creating New Business Opportunities in Infrastructure Development in India


With Smart City plan, Indore set to improve governance, service delivery and institutional operations, finds Public Sector team at Frost & Sullivan


Mumbai, Maharashtra, India

With several Smart City development projects scheduled for completion in 2021; Indore being one of them, is set for rapid transformation. Intelligent city management systems for governance and service delivery, including intelligent transport systems, smart waste management and robust information technology connectivity, will improve urban services, quality of life and employment opportunities. It also will open up tremendous investment and growth opportunities across several sectors. Growth will be augmented by leveraging Indore’s commercial strengths and cultural heritage, and responding appropriately to concerns of inclusiveness and sustainability.
 
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.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

Contact us: Start the discussion

Website - ​http://ww2.frost.com


Click here for Media Contact Details

Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91-9840355432, +91 (44) 66814414, priyag@frost.com


More News from Frost & Sullivan

07/08/2018 6:12PM

Frost & Sullivan partners with The Ministry of Communication and Information Technology (MoCIT) to leverage Digital Transformation to build a Prosperous Nepal

Frost & Sullivan and The Ministry of Communication and Information Technology (MoCIT) organized a leadership conclave, “Digital Nepal Conference” in Kathmandu. The theme for this year’s Digital Nepal Conference was ...

02/08/2018 3:28PM Image

Radware Wins Frost & Sullivan’s ‘Web Application Firewall Vendor of the Year’ Award at the 2018 India ICT Awards

Radware® was named ‘Web Application Firewall Vendor of the Year’ at Frost & Sullivan’s 2018 India ICT Awards held in New Delhi. Currently, in its 16th year, the awards banquet witnessed participation of leading ...

18/07/2018 1:08PM Image

Frost & Sullivan Recognizes Cisco for Its Cyber Security Capabilities and Customer Experience Solutions at the 2018 India ICT Awards

Cisco, a leading global technology leader received top honors at Frost & Sullivan’s 2018 India ICT Awards, with four awards in the Enterprise Infrastructure category.

Similar News

14/08/2018 12:02PM

DBS India Launches Real-Time Digital Cross-Border Payment Tracking

DBS corporate clients in India will now be able to benefit from better cash flow visibility through real-time cross-border payment tracking of all their commercial payments.

No Image

14/08/2018 11:09AM

Lumileds Wins Jury Verdict of Liability for Intellectual Property Theft Against Elec-Tech International Co., Ltd., Donglei Wang, and Gangyi Chen

On August 10, 2018, a jury of six men and six women rendered a verdict in favor of one the world’s leading LED companies, Lumileds LLC, based in San Jose, finding that a Chinese competitor stole trade secrets ...

With #SmartCity plan, #Indore set to improve #governance, service delivery & institutional operations, finds @Frost_MENASA #urbanization #infrastructure #smartbuilding https://goo.gl/mm5R8k

Tweet this

News Summary

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.