Smart Cities in India: Business Opportunities in Amaravati City – 2017 – Research and Markets

03-Oct-2017 Intellasia | BusinessWire | 8:54 PM Print This Post

DUBLIN–(BUSINESS WIRE)–The “Smart
Cities in India: Business Opportunities in Amaravati City – 2017″

report has been added to Research and Markets’ offering.

Urbanization in India is expected to reach 40% with over 600 million
population living in urban areas contributing to 70% of GDP by 2030. To
meet the burgeoning infrastructure needs, the GoI launched the 100 Smart
City Mission during April 2015 which has been planned to be implemented
through area based approaches.

Each city will get Central assistance to the tune of INR 500 Cr. for 5
years. The remaining money has to be raised by the Smart city
corporations. The Smart city proposals shall be implemented through
Special Purpose Vehicle (SPVs) – incorporated under the Companies Act,
2013 at the city-level.

The SPV would have the State/UT and the ULB as the promoters having
50:50 equity shareholding. The private sector could be considered for
taking equity stake in the SPV.

The Andhra Pradesh Re-organization Act, 2014 (central Act 6 of 2014)
which came into force on 2nd June 2014 provided for the reorganization
of existing State of Andhra Pradesh.

The Central Government assisted the state in identifying Amaravati –
north of Vijayawada – for new capital development.

The state Government constituted Capital Region Development Authority
(CRDA) as the nodal agency for development of the new capital.

Key Topics Covered:

1. Scope & Limitations

2. Executive Summary

3. Smart Cities in India

4. Amaravati Smart City

5. Opportunity Analysis

6. Go-to-Market Recommendations

7. Appendix

8. Annexure

For more information about this report visit https://www.researchandmarkets.com/research/52bv5t/smart_cities_in.

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