CEOs point out salient features of smart cities

NEW DELHI, INDIA: The much talked about smart cities project by the Government of India is expected to add to the growth story of the Indian economy.

In lieu of the importance of the project, CEOs at the National Summit on 100 Smart Cities – India 2015 in New Delhi, made some interesting observations.

Presenting some interesting remarks made by India Inc.

Dr Sumit D Chowdhury, Founder & CEO, Gaia Smart Cities: “The first wave of smart cities will start with existing cities. The whole process would purely depend upon four essential Cs–co-operation, convergence, capabilities and convenience.”

With the evolution of the smart cities, the issue of law and order will become very crucial. “The law enablement agencies would depend on data analytics to secure such cities; foresee any possible conspiracy and take preventive steps.”

Reji Kumar Pillai, President & CEO, India, Smart Grid Forum: “Despite the fact that 98 cities have been identified, there is a shortage of people to integrate such development.”

Hemant Sahai, Managing Partner, HAS Advocates: “While the opportunity is staggering, this potential can be realized only through astute planning and execution, including creation of robust legal, regulatory and contractual frameworks. PPP will be the preferred model for attracting private capital and PPS as the best regulated through robust contracts.”