Vision invites students to envision ahead of time and create disruptive business
models that can Identify specific, smart, technologically rich ideas that will
empower citizens to not only co-create the new cities, transform the existing
ones but also demand better governance, reliable and high-quality public
utilities and services and Recommend a robust and practical methodology to
establish an ecosystem that will become the breeding ground for developing
innovative and integrated system not only for India but also for export to the
outside world .
Cities are engines of economic growth, and it is anticipated that 40% of Indias
population will live in cities by 2030. Smart Cities Mission is an urban renewal
and Retrofitting program by the Indian Government with a vision of developing
100 Smart Cities as satellite towns of larger cities and by modernizing the
existing mid-sized cities. According to a report from India's Ministry of Urban
Development, currently 31 percent of the country's population is living in urban
areas and contributes 60 percent of Indias GDP. Thus, smart cities are needed
to strengthen the Indian economy by reducing expenses and increasing
efficiency. New Business models are required in development of
Smart cities and to solve current issues that are effecting the growth of City.
What is a Smart City?
Smartness in a city means different things to different people. It could be smart
design, smart utilities, smart housing, smart mobility, smart technology, etc.
Thus it is rather difficult to give a definition of a smart city. However, people
migrate to cities primarily in search of employment and economic activities
beside better quality of life. Therefore, a smart city for its sustainable needs to
offer economic Environment & Social Sustainability activities and employment
opportunities to a wide section of its residents, regardless of their level of
education , skills or income levels Smart City needs to identify its comparative
or unique advantage and core competence in specific areas of economic
activities and promote such activities aggressively, by developing the required
institutional, physical, social and economic infrastructures for it and attracting
investors and professionals to take up such activities. It also needs to support
the required skill development for such activities in a big way. This would help a
Smart City in developing the required environment for the creation of economic
activities and employment opportunities. Apart from employment, it is also
important for a Smart City to offer decent living options to every resident. This
would mean that it will have to provide a very high quality of life (comparable
with any developed City).
Smart Buildings
A smart building can be define as a facility that utilizes advanced
automation and integration to measure, monitor, control, and optimize
operations and maintenance India is expected to emerge as the worlds
3rd largest construction market by 2020 by adding 11.5 million homes
every year. Honeywell Survey states that 2,000 buildings in India need to
invest more in Smart Building Technologies. The objectives of building
smart structures are improved occupant comfort, efficient operation of
building systems. Implementing smart building solutions can make
facilities more connected and adaptive, reduce energy and operating
costs, and improve the safety and quality of life for occupants and users.
Smart tourism
The Indian tourism and hospitality industry has emerged as one of the key
drivers of growth in the services sector in India. The third-largest sub-
segment of the services sector comprising trade, repair services, hotels
and restaurants contributed nearly US$ 187.9 billion or 12.5 per cent to
the Gross Domestic Product (GDP) in 2014-15 while growing the fastest at
11.7 percent Compound Annual Growth Rate (CAGR) over the period
2011-12 to 2014-15. Tourism in India has significant potential considering
the rich cultural and historical heritage, variety in ecology, terrains and
places of natural beauty spread across the country. Tourism is also a
potentially large employment generator besides being a significant source
of foreign exchange for the country.
The industry is expected to generate 13.45 million jobs! Across sub-
segments such as Restaurants (10.49 million jobs), Hotels (2.3 million
jobs) and Travel Agents/Tour Operators (0.66 million). The Ministry of
Tourism plans to help the industry meet the increasing demand of skilled
and trained manpower by providing hospitality education to students as
well as certifying and upgrading skills of existing service providers.
Tourism industry needs more better and innovative ideas that will give
every tourist an experience of life time.
Event Structure:
Participants have to select any one or more of the above mentioned challenges
and come up with a unique Entrepreneurial Idea to solve them.
Participate need to submit one pager report of their business model within
a stipulated Deadline on the basis of this pager evaluation. Participants
will be shortlisted for the second round.
The One Pager report should be emailed to <email> with the subject
Pahal: Aagaz: Abstract: Team Id (For example Pahal: Aagaz: OnePager:
1234). The abstract must be submitted in .pdf format only. Teams must follow the
following details for the submission:
Round 2:
The second round will be conducted at IIT-BHU at Technex17. The
shortlisted participants will present their business models before the panel
of judges.
General Rules
1. Each team may have a maximum of four members.
2. The last modified abstract as on .......... 2017 at 11:59 pm will be
considered as final.
3. Multiple teams from same colleges are allowed.
4. Team comprising members from different colleges are not allowed.
5. The Teams must strictly follow all the deadlines failing to which will lead
to their disqualification.
6. The event will be conducted in two rounds.
7. Your solutions and Ideas must be in the form of a business model. It
should include marketing strategies and proper market survey in support
of your business model.
Terms and Conditions for Participation
1. The decision of the judges shall be final and binding. All participants have
to abide by the decision of the judges. No interim or later communication
about the decision or its veracity shall be entertained and shall be viewed
seriously.
2. Violation of any rules may result in disqualification of the team.
3. Technex holds all the right to change the dates for the submission and the
participants will be informed about the same by E-mail.
4. All mode of official communication will be through e-mail.