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Smart City Development in India

Author

Listed:
  • Viktor Alexandrovich Perminov

    (Institute of Asian and African Countries, Lomonosov Moscow State University, Moscow, Russia)

Abstract

Extensive development of the ICT sector in India began in the 2000s. Today India is implementing many domestic and international ICT development programs, with one of the most successful - “100 Smart Cities Mission”. More than $7 billion was allocated for its implementation for the first five years, both from the budget and the private investors. The Indian government sees 100 Smart Cities as a way to improve the quality of life of the citizens and increase employment. This program has already helped to attract investors and introduce technologies transferred from the developed countries such as the USA, France, Israel, etc.

Suggested Citation

  • Viktor Alexandrovich Perminov, 2020. "Smart City Development in India," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 8, pages 120-125, August.
    • Handle: RePEc:alq:rufejo:rfej_2020_08_120-125
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