Search Result for : United States Trade Development Agency

Hitachi, Siemens and CII to create pilot projects for Smart Cities

 The Dollar Business Bureau Under the Government of India (GoI)’s ‘Smart City’ initiative, a Memorandum of Understanding has been signed between Hitachi India Limited, Siemens Ltd and the Confederation of Indian Industry (CII), on Tuesday. The MoU aimed at forming a working group in order to create pilot projects and further replicate them throughout the country for setting up 100 smart cities. Speaking at the meet, Amitabh Kant, Secretary, Department of Industrial Policy & Promotion, GoI, opined that there are various challenges to develop urbanization in an innovative and systemic manner. While the cities occupy only 3% of the world’s geographical area, their contribution lies at around 80% of Gross Domestic Product (GDP) and two-thirds of global emissions, the Secretary ...

Union Urban Ministry and USTDA together to pursue smart cities

The Dollar Business Bureau The Union Minister of Urban Development, M Venkaiah Naidu on Wednesday has set up city-wise Task Forces for drawing action plans, as a part of the Government of India’s (GoI) Smart City initiative, towards the development of three Indian cities- Ajmer, Allahabad and Visakhapatnam. Setting up of these task forces by the government comes as a follow up to the meeting that was held between the Union Urban Minister and the US Secretary of Commerce Penny Pritzker in New Delhi recently. This move by the Union Urban Ministry gains importance in view of the agreement that was made between the respective state governments and the United States Trade Development Agency (USTDA) towards development of Ajmer, ...