MoU Signed Between Hitachi India Ltd, Siemens Ltd and CII for Smart City Initiative

New Delhi, Mar 19,2015 – Hitachi India Limited and Siemens Limited signed a MoU with CII in the capital to form a consortium that would create pilots and replicate them throughout the country for setting up 100 smart cities. The MoU was signed on behalf of Hitachi by their MD, Mr. Ichiro Iino and MD, Siemens Ltd, Mr. Sunil Mathur and DG, CII Mr. Chandrajit Banerjee in the presence of DIPP Secretary Mr. Amitabh Kant.

Speaking on the occasion, Mr. Amitabh Kant said that while cities occupy only 3 % of the total geographical area of the world, they contribute nearly 80% of GDP and 2/3rd of global emissions. Hence, there was a challenge to do urbanisation in an innovative and systematic manner. Mr. Kant said that learnings gathered from the best practices across the world in the management of water, public resources, public spaces and technology etc shall be shared while implementing the smart cities concept in India. He said that smart city initiative shall be driven by technology driven companies.

Earlier, in his address, DG,CII said that this MoU provides a platform for coming together of leading technology companies such as Hitachi and Siemens and this will enable the implementation of vision of hundred smart cities. CCI Newswire