U.S. Firms Keen To Be Partners In Building Smart Cities: Embassy

Friday, 31 October 2014, 11:34 Hrs
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NEW DELHI: Keen to partner with Indian firms to help build 100 smart cities, the U.S. Embassy asked PHD Chamber of Commerce to identify suitable corporates for collaboration with American companies to uplift the country's infrastructure.

At a meeting organised by the PHD Chamber, the U.S. also offered expertise, both technological and physical, to Indian companies through the chamber to develop power, water & sanitation, transportation and safety & security.

"India also needs the American expertise to upgrade its railway equipment and systems, airports and traffic control systems, aircraft maintenance, repair and overhaul, cold chain and ports in addition to security modernisation, safe cities, integrated traffic management systems. This can be possible with US-India infrastructure collaboration platform, that has been launched," according to a PHD release.

The government plans to develop 100 smart cities and in this regard an allocation of 7,060 crore was proposed in the Union Budget.

While presenting the Budget for 2014-15, Finance Minister Arun Jaitley had said Prime Minister Narendra Modi has a vision of developing 100 smart cities as satellite towns of larger cities and by modernising the existing mid-sized cities.
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Source: PTI
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