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Internet of ThingsIoTIoT JobsPress Release

IoT Alone Will Make 15 Million Jobs in India

In a future optimistic announcement made by India’s telecom secretary Aruna Sundararajan recently in an interview, she stated that new technologies such as Internet of Things (IoT) have the latent potential of giving birth to 10–15 million jobs in the country even though currently the IT services sector is finding it hard to open any new job avenues for the Indian workforce.

Speaking at the recently held IoT India Congress 2017, Sundararajan took the podium and said, “In other places including Bengaluru, there have been worries about how IT sector in India will deal with new technologies and new challenges. We think, or rather it is guessed, that India can receive 10–15 Million new jobs made in IoT alone.”

She further backed his claims by explaining, “IoT has major possibility for job creation and most of these will not be made by large firms but by small companies.” Sundararajan highlights that it is the startups that are the innovative ones as they have been able to conceive solutions in sports wearable, diagnostics, and water managements. These areas which were once considered problematic have turned out to be great opportunities for the Indian startup industry.

IoT is one of the few technologies that has the real potential of changing the way the entire world works. Gartner predicts that there will be about 8.4 billion connected devices by the end of this year, a figure which has increased by a whopping 31% from 2016.

IoT devices have made it possible to seamlessly communicate over the Internet with other devices or the cloud, and generate data that make the world more productive, safer and a healthier place to live. In just a few years of its existence, the tech has become an integral part of human lives. For example, there are production-line sensors that are capable of alerting workshop supervisors about the real-time condition of machines and even the thermostats that are capable of automatically adjusting the temperature are a boon of IoT. Nowadays, tech innovators are slugging it out to incorporate sophisticated IoT technologies into more advanced applications like self-driving cars or drone-delivery services etc.

Coming to India, the IoT space is thriving by every minute with almost 65 per cent of startups in the country doing something related to the technology.

The Indian government is currently working on ways to design regulations for M2M (machine-to-machine) communications. According to Sundararajan, they will have a full set of best approaches ready for IoT by the starting of subsequent year.

In the interview, Sundararajan also shared that the ministries of telecom and IT are currently operating together in an effort to bring in healthy safety protocols for innovative technologies adoption in the country. Earlier this month, TRAI unveiled its first cluster of suggestions on privacy, licensing, SIM requirements, spectrum availability, and the like for allowing IoT in India.

While it is encouraging to see the government embracing the potential of IoT with open arms, it is disheartening to hear its views on the adoption of Artificial Intelligence in the country. Recently, the Indian government had announced that they aren’t open to driverless cars operating in the country as they believe it will result in loss of jobs, something which goes against their ideology. Instead, the government said they would rather promote the trend of electric cars, something which will save fuel and jobs at the same time.

This development was first reported in LastNews24.

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