India’s Smart Cities Mission is transforming urban living, driving economic growth, and creating ecosystems where businesses thrive and innovation flourishes. With 100 cities already benefiting, the mission has commissioned 8,016 projects worth Rs. 1,64,223 crore. Smart cities are economic accelerators, creating jobs, fostering innovation, and attracting investments. They position India as a global investment destination, attracting domestic and foreign investors.
The Smart Cities Mission is interconnected with other initiatives, creating growth corridors that extend beyond urban centers to smaller towns and rural areas. These corridors foster economic linkages, bridging the urban-rural divide and ensuring inclusive economic growth. Smart cities are testbeds for cutting-edge solutions, driving technological advancement and innovation. By 2029, the Smart Cities market in India is projected to generate US$4.59 billion in revenue.