The Department of Electronics and Information Technology (DeitY) has drafted an IoT policy (pdf), with the goal of creating an IoT industry in the country worth $15 billion by 2020. The policy aims to increase the connected devices in the country from around 200 million to over 2.7 billion by 2020, to develop human resources and technology for IoT relevant skill-sets, to undertake research and development is IoT relevant fields, and to develop various IoT solutions specific to Indian needs in health, agriculture, water quality, transportation, automobiles, natural disaster, supply chain management and smart cities among others. Some of the key elements of smart cities will include smart parking, intelligent transport system, tele-care, women’s safety, smart grids, smart urban lighting, waste management, smart city maintenance, digital signage and water management. In the budget this year, the government had allocated Rs 7060 crore for smart cities, which according to the DeitY will lead to massive and quick expansion of IoT in the country. Additionally DeitY mentions the Digital India program undertaken by it, to set up digital infrastructure in the country starting August this year, will help boost the IoT industry. DeitY's policy framework will be implemented through the five core components including: Demonstrations Centres: This will include developing strategies for IoT in specific domains like smart cities and healthcare etc. DeitY will also allocate Rs 155 crores on PPP mode as 50% funding for at least 5 projects in different categories over three years. These categories include connected cities, water management, environmental regulations, remote health,…
