Cellular IoT module shipments up by 32% on-year in India in 1Q25: Counterpoint

NEW DELHI: The cellular Internet of Things (IoT) module shipments in India grew by 32% year-on-year in Q1 2025, higher than the global shipments, driven by the Central government’s smart electricity metering initiative, Counterpoint Research said in a report released Thursday.

Under the Revamped Distribution Sector Scheme (RDSS), the Narendra Modi-led government has envisaged the installation of 250 million prepaid smart meters nationwide, in a bid to help distribution companies (DISCOMs) improve their financial and operational efficiencies. The scheme has an outlay of ₹1.5 lakh crore.