Internet
of things is a latest trend of connecting every thing from door locks
and wearable devices to traffic signals and waste control systems to a
vast network.
The Department of Electronics and Information Technology (DeitY)
on Friday laid out a draft policy on Internet-of things in India,
envisioning the IoT industry to be worth $15 billion by 2020. "We had a
meeting on July 31 in Delhi where we called different stakeholders — academia, industry —
and we had a discussion on what is the approach for IoT. We decided why
should India lag behind and came up with this document after the
workshop," a DeitY official told ET.
Internet of things is a latest trend of connecting every thing from door locks and wearable devices to traffic signals and waste control systems to a vast network.
Companies see huge business from IoT-related work and local software developers such as Infosys, Wipro, HCL Technologies and Tech Mahindra are already initiating steps to tap into the market.
The policy framework has five core components — demonstration centres, capacity building and incubation, R&D and innovation, incentives and engagements and human resource development. Standards and governance are two other areas the draft has focused on.
DeitY has invited public opinion on how to improve the draft policy to create ecosystem for IoT industry in the country. The last date to send feedback is October 31. According to the policy draft, the government's plan of developing 100 smart cities, for which Rs 7,060 crore has been allocated in the current Central budget, could lead to a massive and quick expansion of IoT in India.
IoT will be critical in making these cities smarter, the draft points out. Some of the key aspects of a smart parking, intelligent transport system, telecare, woman safety, smart grids, smart urban lighting, waste management, smart city maintenance, digital-signage and water management.
The draft says the government will fund creation of resource centers and test-beds as a common experimental facility. "We believe it is a great start," said MN Vidyashankar, president of industry body India Electronics & Semiconductor Association.
Internet of things is a latest trend of connecting every thing from door locks and wearable devices to traffic signals and waste control systems to a vast network.
Companies see huge business from IoT-related work and local software developers such as Infosys, Wipro, HCL Technologies and Tech Mahindra are already initiating steps to tap into the market.
The policy framework has five core components — demonstration centres, capacity building and incubation, R&D and innovation, incentives and engagements and human resource development. Standards and governance are two other areas the draft has focused on.
DeitY has invited public opinion on how to improve the draft policy to create ecosystem for IoT industry in the country. The last date to send feedback is October 31. According to the policy draft, the government's plan of developing 100 smart cities, for which Rs 7,060 crore has been allocated in the current Central budget, could lead to a massive and quick expansion of IoT in India.
IoT will be critical in making these cities smarter, the draft points out. Some of the key aspects of a smart parking, intelligent transport system, telecare, woman safety, smart grids, smart urban lighting, waste management, smart city maintenance, digital-signage and water management.
The draft says the government will fund creation of resource centers and test-beds as a common experimental facility. "We believe it is a great start," said MN Vidyashankar, president of industry body India Electronics & Semiconductor Association.
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