Sistema eyes Smart City projects

Russian conglomerate Sistema JSFC is looking at smart city opportunities in India post the Government’s decision to invest over ₹7,000 crore in setting up 100 smart cities. “We could like to start with one or two pilot projects. Sistema JSFC together with its daughter company SITRONICS CAMS have already built up subsystems of Smart City in various cities including Moscow, Rostov, Ufa and Makhachkala,” said a company spokesperson. Sistema operates services in India under the MTS brand. The Moscow Smart City project budget was around $6.5 billion (the population is approximately 12 million people according to the official data as of 2013). The project budget for other Russian cities varied between $130 million and $650 million.