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Smart cities can create $30-40 billion business opportunity: Nasscom

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R-Chandra-Shekhar-NasscomThe government’s smart cities programme can create $30-40 billion business opportunity for the IT sector over the next 5-10 years, industry body Nasscom said.

“We are assuming that about 10-15 per cent of the outlays on smart cities would be for the ICT component,” Nasscom President R Chandrashekhar said.

The association has built a framework to highlight the role of ICT in developing smart cities.

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