Bangalore: Investment of about $1.2 trillion is required over the next 20 years across areas like transportation, energy and public security to build cities of tomorrow, IBM India Managing Director Shanker Annaswamy said.
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Speaking at the IBM Smarter Cities Forum, Annaswamy said quoting a McKinsey & Company report that it is estimated that $1.2 trillion capital investment is needed to meet projected demand in (Indian) cities to transform the cities going forward.
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