Indias IoT market is forecast to grow at an aggressive CAGR of +29% by 2022, representing 5 percent of the global market. The government plans to heavily invest in smart city projects and make 100 cities more sustainable. India currently has some 60 million IoT devices, according to Deloitte. The number of devices will reach almost 2 billion in the next three to four years, the number is forecasted to reach 2 billion by 2022. Widespread automation has proven effective so far in cost reduction and productivity increase.”]