Saturday 2 July 2016

SMART CITIES IN INDIA: A SMARTER WAY TO BUILD‘NEW INDIA’ THROUGH SMART CITIES .

Cities in the 21st century will account for nearly 90% of global population growth, 80% of wealth creation, and 60% of total energy consumption. It is a global imperative to develop systems that improve the livability of cities while dramatically reducing resource consumption.” - Massachusetts Institute of Technology Urbanization in India has historically been viewed as a by-product of failed regional planning. It is only now that it is being realized that it is inevitable. However, the policy and practice surrounding urbanization will only change when the benefits of urbanization overtake the costs involved, it is an opportunity for achieving faster growth. Indian cities will grow faster than those of any other country in the coming years. By 2050, India will add over 400 million urban inhabitants, while China will see an increase of 290 million inhabitants over the same period.8 By 2030, seven Indian cities will have a population of over 10 million; in 2011, only Mumbai and Delhi had populations over 10 million. This amounts to a 37% increase in India’s urban population. Cities will generate over 70% of the GDP and 70% of new jobs by 2030, driving a four-fold growth in per capita incomes nationwide. Indian cities are projected to require 700-900 million square meters of new commercial and residential space by 2030, or the size of a new Chicago every year.9 Overall, 2.5 million square meters of roads and 7,400 kilometers of metros and subways must be added to India’s urban expanses. This is 20 times the capacity that has been added over the last decade. - See more at: .

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