The IoT policy by the government of India

The IoT policy document drafted by the Ministry of Electronics and Information Technology (MeitY) includes the following objectives:

To create an IoT industry in India with a turnover of US$ 15 billion by 2020. Presumably, India would have a share of 5-6 per cent of the global IoT market.

To undertake capacity development (human and technology) for IoT-specific skillsets for domestic and international markets.

To undertake research and development on all the assisting technologies.

To develop IoT products specific to Indian needs in the domains of agriculture, health, water quality, natural disasters, transportation, security, automobiles, supply chain management, smart cities, automated metering and monitoring of utilities, waste management, as well as oil and gas.