The government of India has set an ambitious plan of building 100 Smart Cities to address the country’s urbanization challenges. In this regard, Denmark has valuable know-how to provide.
Quercus Group is currently preparing a report on smart city opportunities in India. The report is developed in relation to the Indian 100 Smart Cities Programme and will provide insights about the tremendous business opportunities for Danish companies to showcase their capabilities.
However, entering the Indian market is riddled with challenges. This is why the report will contain market insights and analyses, to understand precisely where the opportunities lay for the Danish companies interested in this scheme.
Furthermore, the Smart City Programme in India is under the international spotlight with many nations competing aggressively to enter the scheme. The report will aim to help Danish companies navigate through the 100 Smart City programme and identify opportunities for which they can enter.
Engaged in this endeavor, Quercus Group can connect companies interested in entering the Indian smart city market with potential partners and donors.
Smart City in India
India is undergoing an urban transformation that is seeing shift in demographics from rural to urban areas. This will add additional pressure on the already lacking urban services provided by Indian cities. As a means of addressing these urgent urbanization challenges the incumbent government initiated the Smart City Programme in mid 2015.
With the advent of modern technology, India has the opportunity to incorporate smart technologies to optimize city planning and leapfrog into greener, smarter infrastructure.
One of the central components of the smart city programme is its bottom up approach. Relative to other national schemes, local authorities have been granted more responsibility and power. This is to ensure the smart cities are designed and specified to the local context and to encourage active citizen engagement.
Approximately 100 billion kroner from central and state funding will be available for the programme. This money is ‘seed money’ to kick start the program and attract alternative sources of funding.
If you are interested in this program or entering the Indian market, do not hesitate to get in touch!
For more information about the project or how Quercus Group can help, contact: Neelabh Singh - firstname.lastname@example.org