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Together, the Saifee Burhani Upliftment Trust (SBUT) and the Ayodhya Development Authority have won the top spot in the FICCI’s 5th Smart Urban Innovation Awards’ Smart Infrastructure category. This honor was given as part of the FICCI Conference on Business-Friendly Cities, which honored contributions to infrastructure and urban development.
The winning proposals featured two noteworthy projects: a reconstruction project by SBUT in Bhendi Bazaar, Mumbai, and an endeavor by the Ayodhya Development Authority to beautify the city and provide tourism facilities in Ayodhya City. Significant progress has been made in improving urban living conditions, promoting economic sustainability, and boosting general safety and resilience, as demonstrated by these projects.
A record 98 entries were received for the fifth edition of the awards, demonstrating the event’s increasing significance. The awards specifically showcase the industry participants’ and cities’ cooperative efforts to improve the quality of life and business climate in metropolitan areas. The progressiveness, scalability, and application of each project were the main evaluation factors for each entry, which were based on both quantitative and qualitative criteria.
Former Director of the National Institute of Urban Affairs (NIUA) and CEO of the Infravision Foundation Jagan Shah emphasized how the Smart Cities Mission has been successful in turning attention away from urban problems and toward urban solutions during the last ten years. “The Smart Cities Mission has contributed significantly to promoting local sustainability and self-sufficiency,” Shah said.”For the first time, cities were asked to imagine what they would like to do across various areas, from healthcare and transportation to air quality management and education, rather than simply being asked to install basic infrastructure.”
Shah emphasized the mission’s entrepreneurial spirit, which encouraged communities to create creative plans for urban change by offering financing on a competitive basis. Over 5,700 projects have resulted from this strategy, all of which represent advancements in localized technology incubation, public-private partnerships, and solutions catered to the specific requirements of different communities.
In addition, JVS Ramakrishna, Global BU Head – Sustainable Smart World, L&T Technology Services, and Co-Chairman of the FICCI Committee on Urban Development and Real Estate, emphasized the significance of teamwork and a comprehensive approach in developing sustainable urban environments. “Building business-friendly cities requires a holistic approach, not just in terms of infrastructure, but also technology, policies, sustainability, inclusivity, and innovation,” said Ramakrishna. “It demands collaboration between the public and private sectors, especially in long-term planning and investments.”
Furthermore, the FICCI Secretary General, SK Pathak, emphasized that the new government should prioritize making cities conducive to business travel within the next five years. He gave the instances of business-friendly cities that provide a more favorable business environment, such as Surat and Ahmedabad.
Group Media Publication
Construction, Infrastructure and Mining
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