Modi, IBM CEO discuss Smart Cities initiative

Modi, IBM CEO discuss Smart Cities initiative

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IBM CEO, Virginia Rometty  and Indian PM Narendra ModiUS, 30 September 2014: During the breakfast meeting of the CEOs with Indian Prime Minister Narendra Modi in US, the IBM CEO, Virginia Rometty discussed her keen interest in participating in the Smart Cities and Digital India initiatives.

On 29 September, Syed Akbaruddin, Official Spokesperson, Ministry of External Affairs, India tweeted "CEO of @IBM Virginia Romnetty meets PM @narendramodi. Discusses software for "Smart Cities"& Digital India Initiative."

CEO of @IBM Virginia Romnetty meets PM @narendramodi. Discusses software for "Smart Cities"& Digital India Initiative pic.twitter.com/xnq5IyElhO

— Syed Akbaruddin (@MEAIndia) September 29, 2014

In the Union Budget 2014-15, the government has set aside a sum of Rs 7,060 crore for the current fiscal for the ambitious ‘100 Smart Cities’ project. Earlier this month, the Ministry of Urban Development released a concept note on 100 smart cities to be developed across the country. The 35-page blue print includes various suggestions on operational procedures, approval process for proposals, nature and extent of Central Government support on financing, capacity building, which would be useful for further discussions.

IBM has an extensive Smarter Cities business that encompasses software, hardware, hosting and maintenance for city planning and management, human and infrastructure and consulting services. Wave City is one of India’s largest Smart Cities based on the IBM Smart City Concept spread across 4500 acres and located 30 minutes away from Delhi situated on NH-24. Recently, IBM entered into an agreement with realty player Lodha Group to develop and manage smart city infrastructure in the real estate group's township project — Palava in Thane district.

The project, spread across 4,000 acres and envisioned as a city, will incorporate IBM's smarter city technology using advanced data driven systems to integrate information from all operations in Palava into a single system.

IBM will integrate services in areas such as energy, water, transportation, public safety and smart cards with a central command and control centre. The company will also support a central hub to monitor and enable coordination among Palava city and agencies involved in public safety and emergency management.

Source: Our correspondent