Proving the Business Case for the Internet of Things

Russia's Sistema to court smart city opportunities in India

Iain Morris
August 19, 2014
 
Russia’s Sistema JSFC is reported to have approached India’s government with plans for the development of smart city technologies that could reduce energy consumption and cut down on costs in the country’s busy urban areas.

According to a report from India’s Economic Times newspaper, Sistema (Moscow, Russia) plans to make presentations to India’s Prime Minister’s Office drawing on its experience of developing smart city technologies in Moscow, Smolensk and Novosibirsk.

A source cited by Economic Times has also indicated that Russian President Vladimir Putin will likely broach the subject with Narendra Modi, India’s prime minister, during a visit to the country scheduled for December.

Plans seem likely to involve Sistema Shyam Teleservices (New Delhi, India), Sistema’s Indian arm, in which the Russian government currently holds a 17.3% stake.

Both the public and private sectors in various countries have been looking to smart city technologies to cope with the pressure on resources caused by urbanization.

Systems that instruct street lighting to switch off when there is no traffic in the vicinity, or direct the drivers of vehicles towards available parking, could bring about a huge reduction in energy consumption and related costs.

According to the Economic Times, Modi believes smart city technologies could spur economic growth as well as reduce the pressure on infrastructure in India’s biggest cities.

Indian authorities have already proposed setting aside INR70.6bn for a project to develop 100 smart cities, reports the newspaper.

A Sistema official is reported to have told the Economic Times that his company will soon start “exploratory dialogue with the [Indian] government to start with one or two pilot projects”.
 
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