Smart Urban Planning
- Between 2010 and 2050 India is expected to add about 500 million to its 2011 urban population of 377 million
- The government has launched Saansad Adarsh Gram Yojana (SAGY) to develop 2,500 of the 6 lakh (0.6 million) villages across the nation
- Government plans to develop 200 low-cost airports in Tier-II and Tier-III towns across the country
- The amusement park industry estimated to reach INR 4,000 crore (US$ 645million) by 2020
- India plans to build pedestrian skywalks, walkways, cycle tracks, etc. in cities
Smart Buildings
- India is expected to emerge as the world’s 3rd largest construction market by 2020 by adding 11.5 million homes every year
- Honeywell Survey states that 2,000 buildings in India need to invest more in “Smart Building Technologies”. Airports and hotels score the highest, schools and residential buildings the lowest
- Automation technologies to play a key role in the efficient operations of buildings. The industry estimates the Indian building automation and control systems market to grow three fold in revenue terms by 2019
- Smart monitoring, cross-device compatibility, voice commands, wireless connectivity, lighting enabled by motion sensors are a few features of smart homes
- More than 3,124 green building projects, with a footprint of over 2.75 billion sq. ft. registered with the Indian Green Building Council (IGBC), of which 617 green building projects are certified and functional
Smart IT and Communications
- India’s share of the global IT industry at 7 percent is largely owing to exports
- India, the fourth largest base for young businesses in the world, with 3,000 tech start-ups, is estimated to be 11,500 by 2020 (Nasscom and Zinnov Management Consulting Pvt Ltd.)
- India is the world’s second-largest tele-communications market with over 990+ million subscribers
- Government of India targets Internet of things (IOT) industry at US$ 15 billion by 2020
- Indian business process management (BPM) market is expected to reach US$ 50 billion by 2020
- Sensors market in India is one of the fastest growing in Asia-Pacific, and expected to grow at a CAGR of over 20 percent between 2015-20
Smart Security and Safety
- Building security into smart cities isn’t just crucial from a citizen safety perspective but also for safeguarding national integrity
- According to 6Wresearch, a research and consulting firm, the India video Surveillance market is projected to grow at a compounded annual growth of over 13 percent between 2016 and 2022.
- The Indian electronic security market to reach US$ 2.31 billion by 2018
- India’s homeland security market is expected to be worth US$ 16 billion by 2018
- India’s fire and safety equipment market is expected to reach US$ 4.3 billion by the end of 2017
Smart Grid
- Smart grids is the answer to shortage of power, power theft, access to electricity in rural areas, power loss in the grid, inefficient power consumption, poor reliability, etc.
- India’s energy demand is expected to increase 3 times in the coming 10 years, out of which 2/3rd would be carried by the grid
- In the XIIth plan, the Government has proposed to invest around USD 86.4 billion to upgrade the present electricity system
- Smart grids will significantly reduce the environmental impact of the whole electricity supply system
- 14 smart grid pilot projects to be implemented by state-owned distribution utilities in India
Clean Energy
- The Indian power sector is expected to attract investment of US$ 250 billion by 2019 across diverse areas of the energy sector
- India has an installed capacity of 267 Gigawatt (GW) as of March 2015, dominated by fossil fuels: the additional electricity demand creates a large opportunity for renewable energy sources
- India’s target to install 100 GW solar power capacity by 2022 could make it one of the largest solar power markets in the world, creating 10 lakhs (1 million) jobs
- India to spend US$ 21.6 billion over the next 10 years on smart grid infrastructure
- Investment of around INR 25,300 crore (US$ 4 billion) to roll out a new metering system and upgrade distribution networks in the country
Government Initiatives
- Government has just launched 14 projects of Pune’s Smart City Plan. This marks the beginning of implementation of urban development plans based on five year action plans formulated after detailed analysis of infrastructure gaps in over 500 cities included in Smart City Mission and AMRUT, accounting for about 70% of country’s urban population
- Plan to build 60 million homes – 40 million in rural areas, and 20 million in urban areas under the “Housing for All” by 2022. INR 22,407 crore (US$ 3.61 billion) allocated for FY 2015-16
- Increase of forest cover; better monitoring and controlling of industrial pollution; 2000 environmental approvals were granted in two years for unlocking an investment of Rs 10 lakh crore with a potential of generating 10 lakh jobs
- It is estimated that India will invest INR 550 billion (US$ 8.8 billion) in the private security industry by 2016
- Government has approved the National Smart Grid Mission (NSGM) an institutional mechanism for planning, monitoring and implementation of policies and programs related to smart grid activities. The total outlay for NSGM activities for 12th Plan is Rs 980 crore with a budgetary support of Rs 338 crore
- About 400 million people in India lack access to electricity: the government has promised electricity for every household by 2019