India is positioning itself at the global forefront of smart urban infrastructure development with US$29 billion in total spend by 2020 allocated to its Smart Cities Mission. Of the $13.2 billion identified for the first 60 cities, US$1.6 billion, or 12.5%, is for water-related infrastructure– potable water, wastewater, stormwater, and smart water.
The initiative is designed to tap the private sector, through public-private partnerships, and develop municipal bond markets as nascent funding mechanisms for municipal water infrastructure.
In this Data Insight, Bluefield water experts analyze the multi-billion dollar investment opportunity in India’s smart cities, including lists of projects by city, financing options, and consultants competing to be implementation partners.
