CII signs MoU with Siemens and Hitachi

 The Confederation of the Indian Industry signed two separate Memoranda of Understandings (MoUs) with Siemens Ltd and Hitachi India Ltd to spearhead the conceptualisation and implementation of pilot projects in Smart Cities.
The MoUs were signed by Chandrajit Banerjee, Director General, CII with Sunil Mathur, CEO and Managing Director, Siemens Ltd and Ichiro Iino, Managing Director, Hitachi India Ltd in the presence of Amitabh Kant, Secretary, Department of Industrial Policy & Promotion (DIPP) and HE Takeshi Yagi, ambassador of Japan.
CII has set up a “National Mission on Smart Cities” under the Chairmanship of 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.