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Smart cities to be developed all across India: NASSCOM and Smartcity sign MoU

No Comments Sub Category:Real estate trends,Realty News,Residential Real Estate Posted On: Jul 21, 2014

There is some good news for the IT and ITES industries as it is expected that more jobs will be created in the near future.The National Association of Software and Services Companies (Nasscom)and SmartCity, the IT Special Economic Zone, today signed an MoU (Memorandum of Understanding) for growth and development of the knowledge industry.

The MoU aims to contribute to growth and development of the knowledge industry, with special emphasis on software, IT services, internet, e-commerce, IT Enabled services, Smart Services, Cloud Computing and Telecommunications.

There will be a special focus on innovative disruptive technologies and it is expected that it will also help create self-sustaining models that will enable the rapid growth of the knowledge sector.

In Kochi in a congregation, the State Minister for Economy, Investment and Small Business, Christian Cardona, and Chairman of NASSCOM, R Chandrasekaran, were present for signing of the MoU.

The partnership will focus on building knowledge cluster models globally and will adopt the best practices which are adopted by the fortune 500 companies globally. This partnership will focus on creating a network of self-sustained knowledge townships and support growth of these knowledge industries. The aim is to develop eight more townships in the next 10 years with smart digital infrastructure, apart from the existing projects in Malta (in Europe) and Kochi (India).

Source- The Economic Times

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