19-01-17: Indian ”Smart Cities” popular with international investors; locals display caution

By Anya Palm

While the “Smart Cities”-project go from strength to strength internationally, India´s own private sector is a bit more cautious. Just 11 out of 167 projects under the public-private partnership (PPP) model have so far materialized.

The Ministry for Urban Development, however, attributes this to a general skepticism towards urban bodies and is not concerned. PPP-projects usually take a long time to launch, the ministry said.

http://timesofindia.indiatimes.com/business/india-business/private-sector-yet-to-warm-up-to-smart-cities/articleshow/56659538.cms