Siemens Ltd. signs MoU with CII on Smart Cities

“Siemens is delighted to be part of the CII Smart Cities initiative. Cities drive economic growth, increased investment and job creation for millions of people who are increasingly converging on them with the hope of security and a better standard of living. For Cities to be able to deliver true value, they need to be able to provide their inhabitants with the highest standard of living while ensuring sustained protection of the environment. Only Cities which are able to reach this equilibrium will be capable of meeting today’s challenges and can look forward to a more sustainable future. Siemens has the portfolio, the know-how, and the expertise to help Cities become more liveable, more competitive and more sustainable.” said Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd.                                                                                           

CII has set up a “National Mission on Smart Cities” under the Chairmanship of Mr Ravi Parthasarathy, Chairman, IL&FS and the objective of this Mission is to play the role of a facilitator and a thought leader to assist the Government in the process of the development of 100 Smart Cities by 2022. The MoUs are part of the implementation strategy to take forward the Cities initiative.

Since a Smart City initiative in any city would entail a host of sub components including transportation, responsive public services, infrastructure for employment, ICT, etc, it would be beyond the scope of any one organisation to deliver seamlessly across these requirements. The National Mission on Smart Cities has therefore decided to create industry-led consortia, which could render the full range of services for the development of a Smart City, in which Siemens Ltd and Hitachi India Ltd have consented to be the lead industry partner for the German and Japanese consortium.