Smart Cities in India - Business Opportunities in Indore City 2017 - Product Image

Smart Cities in India - Business Opportunities in Indore City 2017

  • ID: 4370508
  • Report
  • Region: India
  • 37 Pages
  • Frost & Sullivan
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Indore Aims at Improving Urban Services and Ease of Business Through Smart City Implementation

The Government of India (GoI) launched the 100 Smart City Mission in April 2015; the plan is to implement this through area-based approaches. Cities have been selected through a City Challenge Competition. Indore has been selected for Smart city development since the city is emerging as a Modern Commercial capital of Madhya Pradesh from being a regional traditional trade and commerce center. The Smart city proposal has identified projects worth INR 4,223 Crore, with a major share of projects in built-environment and transportation sectors.

This Industry Dockets aims at assessing opportunities identified in the Smart City proposal and recommends the go-to-market approaches for Services, Advisory, OEMs and project implementation agencies.

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1. Executive Summary

  • Indore aims at improving urban services and improving ease of business through Smart city implementation
  • The Smart city SPV is open to receive demonstrations on novel technologies from solution providers

2. Smart Cities in India

  • In 2030, India’s cities will be home to 600 Mn people, presenting immense opportunities and challenges
  • The GoI rolled out the Smart City Mission in 2015 to partly address urbanization needs
  • Ministry of Urban Development has charted a roadmap to boost implementation of 100 Smart City projects
  • The Ministry has devised a financing model to boost implementation of the 100 SMART cities projects

3. Indore Smart City

  • Emerging investment and employment opportunities drive need for improving quality of life in Indore
  • Vision and themes identified in the Indore Smart City proposal
  • Special Purpose Vehicle (SPV) formulated with two divisions for Project Implementation and financing

4. Opportunity Analysis

  • Sector-wise opportunities in Indore Smart City Proposal
  • Built environment and transportation sectors offer sizeable opportunities in Indore Smart city project
  • Indore Special Purpose Vehicle is open to receive proof of concepts and demonstrations from solution vendors
  • The Smart city SPV revised the Smart city proposal and identified new list of projects for implementation…
  • …to give way for State-of-the-art solutions for urban governance
  • As per the revised list of projects, housing and energy sector projects offer high-value opportunities
  • The OEM & Project Implementation segments offers several high-value opportunities greater than INR 100 Cr.
  • Approximately INR 2,000 Cr. worth projects have been scheduled to be completed by 2021

5. Go-to-Market Recommendations

  • Go-to-Market approaches for private players to participate in Smart city projects in India have been identified…
  • Evaluation of opportunities to determine Go-to-market approaches
  • Ease of implementation and priority of implementation drive direct procurement contracts

6. The Way Forward

  • Indore Smart city project is in early stage of implementation and offers potential in long-term projects for OEM and implementation agencies

7. Appendix

  • List of Abbreviations used

8. Annexure: Our Services

  • Maximize opportunities from existing products and markets; systematically explore new products, markets, including inorganic Opportunities
  • Our Growth Consulting Canvas
  • Legal Disclaimer
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