The thriving Indian startup ecosystem, with over 3,300 Internet of Things (IoT)-focused startups, is fostering innovation across multiple sectors, a report showed on Thursday. The Indian IoT market is rapidly transforming, fuelled by increasing digitalisation and the demand for innovative, efficient solutions across industries. From manufacturing and transportation to healthcare and agriculture, IoT is revolutionizing operations, improving quality of life, and contributing to economic growth, said Abhishek Maiti, Director–Technology and Internet, at 1Lattice, a technology-enabled decision support organisation.

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