Prem Narayan, Director, Ministry of Railways, Government of India at Elets 10th Smart City Summit, New Delhi.
“Smart cities is a dynamic eco-system of citizens, authorities, companies and research centres to co-operate and develop products and services to foster innovation with an aim to develop an attractive and competitive smart city. IT plays a key role in developing the infrastructure of the cities. In 2011-2014, there has been an overall spending of $60 billion in this sector world over. Technologies such as IoT, innovative services and network security will be majorly responsible for the creation of smart cities.”
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