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Business EconomyPosted at: May 22 2019 6:40PM


Fifth Smart Cities India Expo inaugurated

New Delhi, May 22 (UNI) The fifth Smart Cities India 2019 expo, including Transport India, Solar India, Buildings India and Water India expos, was inaugurated by Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday.
Organised by India Trade Promotion Organization (ITPO) and Exhibitions India Group, the event builds upon Government of India’s ‘Smart Cities Mission’ through a display of a vast array of products and solutions relevant to building smart cities in India.
The event includes Solutions for home automation/IoT; building intelligence monitoring (BIM) of smart buildings; green building solutions; water/sanitation technologies; environment-related solutions for pollution monitoring; urban planning and smart IT & communications; security systems; smart transport; smart grid, clean energy and energy storage devices.
Speaking during the special address at the inaugural ceremony, Mr Mishra said, ''Urbanisation is growing at a very fast pace across the world: Total global urban population in 1950 was 30 per cent and today it is close to 58 per cent, with projections of 68 per cent in the times to come. This is an unprecedented growth, with the rate of urbanisation being the fastest in India.
''Our urban population was around 31 per cent in the 2011 census, and is projected to grow beyond 40 per cent by 2030 and 50 per cent by 2050. This is the speed of urban transformation in the country. Today, urbanisation is at the forefront. Experience from the world over has shown that cities are engines of growth. But urnbanisation also leads to many challenges in terms of mobility, utilities, infrastructure.
A citizen living in an urban setting has many expectations and unless he gets a conducive environment, he may not be able to achieve his full potential, he said, adding that in the last five years, the path we have taken for urban transformation, is not incremental, but transformational, especially in terms of cleanliness, employment and livelihood opportunities, and housing.

The inaugural session also witnessed the release of a knowledge paper by the Knowledge Partner KPMG, titled 'IoT in Smart Cities'.
''In the last 5 years, over Rs. 10 lakh crore has been earmarked for urban development plans such as the Smart Cities Mission, Swachh Bharat and AMRUT. Many levers have also been used, whether it is policies, reforms, institutional changes and access to finance that have actually made this happen and brought us here today to be able to talk about what India should be looking at as far as smart cities is concerned,'' said Sameer Jain, Partner, Government Advisory (Urban & Smart Cities), KPMG.
Talking about the report, he said, ''The report highlights, in depth, the concept of Internet of Things (IoT), while exploring its growth enablers as well as the levers of its growth. It studies the business value of IoT, key applications and impact on smart cities.''

Also released was a whitepaper by Industry Partner Mazars Advisory. The whitepaper - Synchronising a SMARTER India - discusses at length the global smart cities market, the inception of the Smart Cities Mission and its focus areas, according to a statement here.
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