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Smart City Kochi Limited is a PPP between the Kerala Government and UAE-based TECOM Investments
21-Aug-2017
Global
Market Research
9B0B-00-07-00-00
CI00268-GL-MR_20605
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
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
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 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
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 (1/2)
For evaluating opportunities proposed in the Smart city proposal, businesses have been categorized as under (2/2)
Further, along the value chain Project Implementation segment offers high value opportunities
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 the go-to-market approach – (1/2)
…and evaluation of the projects has been carried out to determine the go-to-market approach – (2/2)
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
Parameters considered for evaluation of opportunities
Parameters considered for evaluation of opportunities
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Lightbox Content | Investment Opportunities in India|More growth opportunities|https://store.frost.com/investment-opportunities-in-india.html |
| Author | Ajit Thangaraj |
| Industries | Cross Industries |
| WIP Number | 9B0B-00-07-00-00 |
| Is Prebook | No |
Smart Cities in India—Business Opportunities in Kochi City, 2017
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