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CII signs agreement with Siemens, Hitachi India for smart city initiative

18 Mar 2015 Evaluate

Industry body CII has signed agreements with Siemens and Hitachi India to set up a National Mission that will help realise government’s vision of creating 100 Smart Cities in the country.

Under the pact, CII will establish a National Mission for Smart Cities -- a platform comprising industry leaders and experts to provide 'policy advocacy and thought leadership to government and other stakeholders. The forum will engage with central & state governments as well as other public authorities to promote the Smart City initiative.

Siemens is the flagship listed company of Siemens AG in India and is a major player in the electronics and electrical engineering business. Germany’s Siemens AG holds a 75 per cent stake in the company.

Peers
Company Name CMP
Waaree Energies 2287.85
Apar Industries 15445.40
Havells India 1022.25
Suzlon Energy 37.33
Siemens 3315.00
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