With both government and enterprises pushing for digital transformation, Internet of things (IoT) devices in India are expected to increase 10 times to 2 billion in the next 3-4 years, said India’s IT Minister Ravi Shankar Prasad. Currently 200 million IoT instruments are already working in India and the figure is likely to touch 2 billion in the next 3-4 years.
All this is happening because Indians have passion for technology, minister said addressing the International Technology Summit organised by Assocham. 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 cybersecurity 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. He said new technology ranging from IoT, machine learning, artificial intelligence, cyber security etc. will play important role in the growth.
“I want to say it very firmly that no power on Earth can stop the march of India into becoming super digital power of the world. That is sheer entrepreneurship of young India, demographic India. They are absolutely not caged from the past,” Prasad said.
The minister said cybersecurity is going to become a big area of commerce in the country in the coming days.