Andhra Pradesh government today approved the internet of things policy with an aim to become IoT Hub and capture at least 10% Indian IoT market share. This is the first time any state government in India has passed an exclusive internet of things policy.
Internet of things policy has been divided into five segments including 1)R&D, 2)hardware manufacturing, 3)software and analytics, 4)labs and 5)IoT hubs and infrastructure.
Government will promote setting up of 10 IoT hubs with the participation of both public and private players. This internet of things policy envisages to create 50,000 direct employment in the above mentioned IoT verticals.
The government will also set up an IoT centre of excellence and an innovation fund to accelerate the internet of things in the state. In a statement the Minister for Information Technology has stated his vision to attract at least 100 IoT companies to set up its development and operations centre in the state.
IoT in India:
There is a lot happening in Indian IoT space. India had announced 100 smart cities program and is actively promoting IoT. GoI in partnership with NASSCOM has set up Centre of Excellence for IoT to bring together and nurture the IoT ecosystem in India.
In terms of cities, Bangalore has been the hub of IoT so far and the largest IoT community IoTBLR is based out of this city. Initiatives like the ones announced by the Government of AP, is a step in the direction to establish the state as a hub and a power centre for the upcoming IoT field.
Read More: Current state of IoT in India