Massive Urbanization – Smarter Ways to Manage
As India’s population continues to grow, more citizens will move to cities. Experts predict that about 25-30 people will migrate every minute to major Indian cities from rural areas in search of better livelihood and better lifestyles. It is estimated that by the year 2050, the number of people living in Indian cities will touch 843 million. To accommodate this massive urbanization, India needs to find smarter ways and use technology to manage complexities, reduce expenses, increase efficiency and improve the quality of life.
Government of India has allocated Rs 70.6 billion (USD 1.2 billion) for Smart Cities in Budget 2014-15. India plans 100 new smart cities and will develop modern satellite towns around existing cities under the smart city programme
An investments of about USD 1.2 trillion is projected to be required over the next 20 years in the smart city / governance projects across areas like transportation, energy, water utility, e-governance, GIS, and public surveillance / security, to build smart cities in India. About $ 35 Billion required for Internet of Things (IoT) of which smart cities are an integral part.
USD 1.2 billion allocated for smart cities and FDI norms relaxed
USD 83 million allocated for Digital India Initiative
PPP Model to be used to upgrade infrastructure in 500 urban areas.
Ministry of Urban Development has plans to develop 2 smart cities in each of India’s 29 states
Delhi Mumbai Industrial Corridor Development Corporation Ltd (DMICDC) plans seven “smart cities” along the 1,500 km industrial corridor across six states with a total investment of USD 100 billion
Electrification of all households with power available for at least 8 hours per day by 2017
Indigenous low cost smart meter by 2014
Establish smart grid test bed by 2014 and smart grid knowledge centre by 2015
Implementation of 8 smart grid pilot projects in India with an investment of USD 10 million
Addition of 88,000 MW of power generation capacity in the 12th Five Year Plan (2012-17)
India needs to add at least 250-400 GW of new power generation capacity by 2030
The Power Grid Corporation of India Ltd has planned to invest USD 26 billion in the next five years
India to install 130 million smart electric meters by 2021
India to install 50 million smart water meters by 2021
Huge opportunity for companies involved into Utility Management, SCADA, Instrumentation, Automation, and Software’s, required in the Water Supply Systems and required in the Water and Sewage Treatment Plants.
Ministry of New and Renewable Energy has plans to add capacity of 30,000 MW in the 12th Five Year Plan (2012-17)
Water and Waste Water Management
The Indian Ministry of Water Resources plans to invest USD 50 billion in the water sector in the coming years.
The Yamuna Action Plan Phase III project for Delhi is approved at an estimated cost of USD 276 million
About 67 per cent of the rural population continues to defecate in the open, and India accounts for about 50 per cent of the world’s open defecation
The Government of India and the World Bank have signed a USD 500 million credit for the Rural Water Supply and Sanitation (RWSS) project in the Indian states of Assam, Bihar, Jharkhand and Uttar Pradesh
The Government of India has approved a USD 4.13 billion plan to spur electric and hybrid vehicle production by setting an ambitious target of 6 million vehicles by 2020
Electric vehicle charging stations in all urban areas and along all state and national highways by 2027
Metro: Ministry of Urban Development plans to invest more than USD 20 billion on the metro rail projects in coming years
High Speed Rail: The proposed 534 km Mumbai- Ahmedabad high speed rail project will have an investment of around USD 10.5 billion
Monorail: India’s first monorail project at Mumbai will cost around USD 500 million, of which USD 183 million has been spent on phase I
Smart IT and Communications
Information and Communications Technology
Cloud computing will evolve into a USD 4.5 billion market in India by 2016
Broadband connections to 175 million users by 2017
Security and Surveillance
Under the flagship “Safe City” project, the Union Ministry proposes USD 333 million to make seven big cities (Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Bangalore and Hyderabad) to focus on technological advancement rather than manpower
Government of India and World Bank signed USD 236 million agreements for reducing disaster risks in coastal villages of Tamil Nadu and Puducherry
India is expected to emerge as the world’s 3rd largest construction market by 2020, by adding 11.5 million homes every year
The Intelligent Building Management Systems market is around USD 621 million and is expected to reach USD 1,891 million by 2016
Smart Buildings will save up to 30 per cent of water usage, 40 per cent of energy usage and reduction of building maintenance costs by 10 to 30 per cent