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IoT in India to witness 10 times increase in next 4 years

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Due to high passion for technology among the people, the Internet of things (IoT) devices in India is expected to increase by 10 times and reach to 200 crore in the next 3-4 years

Any product whose function can be controlled using internet falls under the category of IoT. Addressing the International Technology Summit organised by Assocham, the IT minister said that Indians have passion for technology.

The minister said all new technologies must be encouraged and leveraged. “We have already set up centre of excellence. For technology from cyber security to blockchain, we propose to set up more new centres,” he said.

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The minister said the government is trying to push Indian digital economy to USD 1 trillion in the next 5-7 years and two consultant firms are working on its roadmap. New technology ranging from IoT, machine learning, artificial intelligence, cyber security etc will play important role in the growth.

Not only this, the minister shared that cyber security is going to become a big area of commerce in the country in the coming days.  Read more…

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