The BW Businessworld 7th Annual Smart Cities conclave held in Port Blair on 29 November. In an inaugural speech, Chetan B Sanghi, Chief Secretary, Andaman & Nicobar Administration stated, “Port Blair is producing 93 per cent electricity from diesel, and it is planning to produce green energy resources in next two years.”
Sanghi pointed out the logical and smart systems that are being worked in Andaman and highlighted the compulsory introduction of electric vehicles, the launch of shipping services on green energy, and the conversion of the existing boats into electric vehicles.
Subrata Das, Sr. Director, Digital Transformation Office, SAP India, said, “We have come a long way in our smart cities mission. Several things have gone right and could have gone better, but we can always learn. We should look at development as how many jobs have been created and new streams uncovered.”
Das informed, “If you look at the Smart Cities 2.0, there will be a lot of data being generated, but it has to transform in decision-making, asset management, and there is a need to look at environmental and financial sustainability.” “Fiscal balance has to be attained when you have financial management structures, where IT systems can help implementing Blockchain Technology, which is secure,” he added.
NSN Murty, Partner & Leader, Smart Cities, PwC India, said, we are getting the opportunity not just in funding but in administration as well. The smart cities mission might extend in its completion, but the tenders need to close by June 2020. He also spoke about the intent to do it as the most important part of the mission.
This story is from the 23 November 2019 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the 23 November 2019 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders