Internet of things (IoT) devices in India are expected to increase 10 times to 200 crore in the next 3-4 years, owing to passion for technology among the people, IT Minister Ravi Shankar Prasad said on Friday.
The Minister said 20 crore IoT instruments are working in the country and the figure is likely to touch 200 crore in the next 3-4 years. All this is happening because Indians have passion for technology, he said addressing the International Technology Summit organised by Assocham here.
Any product or equipment whose function can be controlled using internet falls under the category of IoT. The minister said all new technologies must be encouraged and leveraged.
“We have already set up centre of excellence. Now for technology from cyber security to blockchain, we propose to set up more new centres,” Prasad said. The Minister said the government is trying to push Indian digital economy to $1 trillion in the next 5-7 years and two consultant firms are working on its roadmap.