Referring to the NDA's proposal to set up 100 smart cities in the country, Finance Minister Arun Jaitley said, "The first Indian smart city to be created probably could be Chandigarh. There are satellite cities around Chandigarh which are being created."
Elaborating on his point, he said Gandhinagar is an example of a smart city and towns like Noida and New Raipur are attracting foreign investments.
"Noida and Greater Noida on the outskirts of Delhi, New Raipur in Chhattisgarh ... These are recent experiments we have made and good experiments we have made. Foreign capital is available to them (since) we have opened up the sector," the Minister said on the sidelines of the Vibrant Gujarat Summit here.
Several countries like Japan, Germany, Sweden, Singapore, Israel, UK, US, Hong Kong and the Netherlands besides MNCs have shown interest in building smart cities in India.