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Smart Cities in India—Business Opportunities in Kochi City, 2017

Smart Cities in India—Business Opportunities in Kochi City, 2017

The Government of India (GoI) launched the 100 Smart City Mission in April 2015; the plan is to implement this through area based approaches. Cities have been selected through a City Challenge Competition. Each city will get Central assistance to the tune of INR 500 Cr for 5 years. The remaining money has to be raised by the Smart city corporations. The Smart city proposals shall be implemented through Special Purpose Vehicle (SPVs) - incorporated under the Companies Act, 2013 at the city-level.

The SPV would have the State/UT and ULB as promoters with 50:50 equity shareholding. The private sector could be considered for taking equity stake in the SPV.

Kochi is a major port city on the south-west coast of India. The city is centrally located with efficient global connectivity. The city has strong port infrastructure, modern transhipment terminal at Vallarpadam and its ongoing airport expansion (with a new international terminal), sees the city is emerging as a key regional trade hub.

  • Scope & Limitations
  • Executive Summary
    • Kochi is among the fastest implementers of projects under the Smart Cities Mission in India
    • Smart City Kochi Limited is a PPP between the Kerala Government and UAE-based TECOM Investments
  • Smart Cities in India
    • In 2030, India's cities will be home to 600 Mn people, presenting immense opportunities and challenges
    • Globally, city governments are focusing on development of Smart city technologies to tackle urban challenges
    • The GoI rolled out the Smart City Mission in 2015 to partly address urbanization needs
    • Ministry of Urban Development has charted a roadmap to boost implementation of 100 Smart City projects
    • The Ministry has devised a financing model to boost implementation of the 100 SMART cities projects
    • Smart Cities Nominated in India
  • Kochi Smart City
    • Kochi successfully executed several marquee infrastructure projects with efficient urban governance
    • Vision & themes of the Kochi Smart City proposal support steps to improve urban governance and city image
    • Kochi Metro Rail Limited and multi-lateral agencies offer technical support for project implementation
    • SMART city corporation is implementing the projects in conjunction with Kochi Metro Rail Limited
    • Mass Rapid Transit projects have been scheduled during the medium to long terms
  • Opportunity Analysis
    • Sector wise opportunities in Kochi Smart City Proposal
    • Area-based development theme receives maximum focus with investments in heritage and transport sectors
    • In terms of investments, transport sector offers sizeable opportunities in Kochi smart city project
    • For evaluating opportunities proposed in the Smart city proposal, businesses have been categorized as under
      • Table For evaluating opportunities proposed in the Smart city proposal, businesses have been categorized as under
    • Further, along the value chain Project Implementation segment offers high value opportunities
  • Go-to-Market Recommendations
    • Go-to-market approaches for private players to participate in Smart city projects in India have been identified…
    • and evaluation of the projects has been carried out to determine
    • Ease and Priority of implementation and Project time drive direct procurement contracts
    • Kochi Smart city project is in emerging stage of implementation; presents long term opportunities for traffic & transport companies
  • Appendix
    • Parameters considered for evaluation of opportunities
    • Glossary
  • Annexure: Our Services
    • Maximize opportunities from existing products and markets; systematically explore new products, markets, including Inorganic Opportunities
    • Our Growth Consulting Canvas

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