Mumbai, country's financial capital and most populous city, needs about $220 billion to invest in infrastructure and smart technology over the next 20 years to be ready for the future, a report published by McKinsey Global Institute said (MGI), as reported by Mint.

However, it's in contradiction with the Brihanmumbai Municipal Corporation's (BMC) Rs 2,000 crore smart city proposed plan.

Indian cities are much worse than Latin American and African cities, when it comes to adopting technology, with Mumbai ranking below Mexico City and Cape Town with a score of 8.8, according to the Mint report.

The MGI report studied 50 major global cities and assessed the city's smartness on the basis of devices/sensors/communication networks, smart applications and tools and public adoption of these applications, the report added.

Only Mumbai, Pune and Jaipur were the only Indian cities part of the MGI study.

MGI's study showed that adoption of technology can help reduce urban fatalities by 8-10 percent and also help in reducing crime incidents by 30-40 percent.

On the healthcare front, the study reflected that smart applications can help cut emissions by 10-15 percent, save 25-80 liters of water per person and reduce the negative health effects from air pollution by 8-15 percent, the report said.

Out of the 50 cities that were evaluated for their "smartness", Jaipur was ranked the lowest with a score of 2.7 while Pune scored a 6.4, at par with

Nairobi. The highest score was set at 37 points.

First Published:Jun 25, 2018 7:27 PM IST