Research forecasts point out that every minute, 30 people move from a rural area of India to a city – and that will continue through the year 2025. By 2050, 70 percent of the people will live in cities. There will be at least 27 megacities of 10 million people, compared to 19 today. No doubt, we see a shift in the spending patterns in the by the central and state governments coupled with the adoption of new technologies Significantly, over the next 5 years government spend on technology is expected to be around USD 500 billion – 63 percent of which will be outside Tier-1 cities.
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