03-11-16: Foreign investors see potential in India’s smart cities

By Anya Palm

The concept of cities with integrated technology is rapidly gaining traction in India after the government last year launched its “India Smart City Challenge”. Now joining a quickly growing group of investors is American IT-juggernaut Cisco, which has committed to help build 100 smart cities throughout India.

The company is currently working with their Indian partners in 14 cities and expects to expand that number to reach 100 in total.