Smart City Project in India Requires Overall Investment to Tune of USD2 Trillion Says TechSci Research

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Summary

The government is focusing on encouraging Public Private Partnership (PPP) for successful implementation of smart city project in India.Financial and IT service sectors are on the priority list of the government to garner investments from leading companies such as Cisco, EMC, GE, IBM, Bajaj, etc.Few of the major companies that are currently involved in project planning of these cities include Halcrow, Synoate, Knight Frank and AECOM India.Burnaby, Canada, April 10, 2015 --( PR.com )-- A smart city is enabled with highly advanced technology encompassing a network of sensors, cameras, wireless devices, IT infrastructure and data centers to efficiently provide essential services such as electricity, water supply, sanitation, recycling, transportation, etc., while ensuring their effective management.Financial and IT service sectors are on the priority list of the government to garner investments from leading companies such as Cisco, EMC, GE, IBM, Bajaj, etc.

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