Water is one of the basic components that promotes life on Earth, yet a multitude of factors has created enormous stress on the availability of freshwater across the globe. This crisis has reached such dire levels that the World Economic Forum in its 2019 Global Risks Report, lists water scarcity among the largest global risks in terms of potential impact over the next decade.
Indian cities, which presently house 30 percent of country’s population, are expected to welcome around 300 million new urban residents, a size equivalent to the population of United States, by 2050. Taking into account the geographical terrain, rapid expansions and the economic growth; India, unlike the developed countries of the world, is one of the few countries which is a great Greenfield site for developing the futuristic smart cities. While Smart Grid will act as the backbone of the smart cities project, Smart Meters will be the building blocks for the same.