Internet of Things (IoT) has been able to develop smart links of objects to the internet. It can exchange available data. It helps to bridge users’ information in a more secured way (Cisco, 2015). In an extended sense, IoT has included its functional capabilities covering Government, companies, societies and even individuals saluting them as ‘stakeholders’. IoT has conceptualized that objects have become able to communicate via internets (Uckelmann et al., 2011). However, the conception of IoT is not a new one. Long back in 1999, Ashton of MIT, USA for the first time explicitly threw the idea of IoT in a more elaborative way. IoT is a network of networks which can uniquely identify a ‘thing’. This ‘thing’ can communicate without human intervention using IP connectivity. It may be locally or even globally. Thus, IoT can be stated as an application with the help of extended use of internets. Hence, with increase of internet users in India, it is expected that use of IoT will also increase (ABI Research, 2013; Chatterjee, 2020).