Several industry stalwarts and senior officials of the Indian government gathered at IEW (India Electronics Week) 2017 in Bengaluru to celebrate the achievements of India’s electronics industry. The three-day mega event, conducted by the EFY Group and supported by the Ministry of Electronics and Information Technology (MeitY), was attended by senior delegates from the electronics industry and witnessed packed halls. Eminent speakers participated in the IEW 2017 event, and talked of how the Internet of Things (IoT) would enhance the future of electronics manufacturing. Experts including Ravi Ramaswamy, head, health systems, Philips; and Avinash Kaushik, founder, Revvx IoT Accelerator, discussed strategies and case studies that helped businesses gain maximum profit through their IoT products and solutions. They focused on revenue models and funding scenarios that suit IoT based companies. They also discussed how to reduce the cost of IoT products and follow best practices to obtain maximum benefits.