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Smart City SPV

Smart City SPV Profile


Surat is a city located on the western part of India in the state of Gujarat. It is one of the most dynamic city of India with one of the fastest growth rate. Surat is the 8th largest city of India in terms of population. As per city mayor’s foundation report, Surat is the 4th fastest growing city globally. The city has a very vibrant economy. It is hub to the diamond and textile industry. It has the most vibrant present and an equally varied heritage of the past. Surat city has been selected at Rank No. 4 in Round-1 of Smart City Challenge among 20 winning cities of total proposed 100 Smart Cities in India. Surat Smart City Development Limited (SSCDL) is formed as a Special Purpose Vehicle (SPV) for the implementation of the Smart City projects in Surat. Surat Smart City Development Limited got incorporated on 31st March 2016.