India on a Mission of 60 Smart Cities: What’s the Plan?

The government announced 27 new cities that make it to India’s smart cities mission.

Ira Dugal, BloombergQuint
Business
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A picture of the Mumbai skyline. (Photo: iStock)
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A picture of the Mumbai skyline. (Photo: iStock)
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On Tuesday, the government declared a list of 27 cities from 12 Indian states, that it plans to include in its mission of smart cities.

Now, 60 cities in total feature in the ambitious plan of urban development adopted by the government. The government has embarked on a “long and complicated plan to revitalise the country’s urban infrastructure.”

Twenty cities, that had first made it to the list in January, have already completed the process of setting up special purpose vehicles, said NSN Murthy, Executive Director and leader for Smart Cities at PwC India.

But what is the plan from here on? Where will the funding come from?

Read the full story on BloombergQuint.

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