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Tata Comm gets ready for public utilities play, will invest Rs 6.5 billion

According to Shridhar, the future of IoT has a lot to do with safety, including smart devices for women and wearables for factory workers

Tata Communications gets ready for public utilities play, invests Rs 6.5 bn
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Pavan Lall Mumbai
Tata Communications, best known for its underwater Internet network that goes around the word, is betting to reposition itself in the mobility and Internet of Things (IoT) domain, specifically in the public utilities area.
 
V S Shridhar, head of the IoT business unit, sees the area as a frontier of economic opportunities that go beyond the ambit of stereotypes that include home automation to check if a connected fridge has run out of milk.
 
He said health care, traffic congestion, environment and pollution are potential areas for commerce, and added Tata Communications will invest around Rs 6.5 billion between