Smart City Updates
US keen to play a larger role in Indian smart cities
The US is keen to contribute more towards Indian smart cities. Assistant Secretary of Commerce for Global Markets, Arun Kumar said, "While we continue to promote smart city development efforts in the three US partner cities of Allahabad, Ajmer and Visakhapatnam, the Department of Commerce is also exploring new partnership opportunities in other smart cities across India." The US Department of Treasury has inked an agreement with the Pune Municipal Corporation to launch a municipal bond for civic projects on pilot basis thus creating new avenues of infrastructure financing for Pune. Initiatives like Strategic and Commercial Dialogue (S&CD), US-India CEO Forum, US-India Innovation Forum are playing quite a significant role in strengthening the relationship between the two countries.
|