A report by Deloitte revealed that IoT adoption in India is still in niche stage Tech challenges like connectivity, compatibility, interoperability and cybersecurity are holding back IoT adoption. A lot of firms, worrying about RoI, do not invest in this crucial tech of Industry 4.0. However, Deloitte suggests firms to invest in such techs during the time of downturns (like this one) as it helps in leapfrogging competition after the recession subsides.

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