Smart City SPVs to Continue Post-Mission in India

  Published 1 year ago

India extends Smart City SPVs beyond 2025; 93% projects completed, 99.44% of Rs 48,000 crore budget disbursed.

  • Government advises repurposing SPVs to tackle urban challenges post-Smart Cities Mission.
  • Over 93% of 8,000+ projects completed, 99.44% of Rs 48,000 crore budget utilized by March 2025.
  • SPVs and ICCCs now focus on supporting ULBs with complex infrastructure and innovation needs.

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