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On September 16 local time, electronica India 2026, the largest and most influential electronics event in South Asia, opened in Bangalore. As a core hub connecting India’s domestic market with the global electronics industry, this year’s edition brought together electronics value chain enterprises and experts from around the world. For customers across India and South Asia, Neoway showcased its IoT connectivity products and full-stack AI solutions, demonstrating end-to-end capabilities spanning from the collaborative “Cloud-Pipe-Device” architecture to the deployment of end products.
India’s IoT market is in a phase of rapid growth. In 2025, the market reached approximately USD 7.3 billion and is projected to grow to USD 69.7 billion by 2035, at a CAGR of 25.4%. In the critical power IoT sector, the Indian government is accelerating its national smart meter program. Since entering the Indian market, Neoway has maintained the No.1 market share in India’s power IoT sector for consecutive years, backed by its leading product solutions and robust localized service capabilities, with over 40 million IoT modules operating stably in India. Since 2025, Neoway has achieved localized production in India, further shortening delivery cycles and enhancing its responsiveness to local customers.
Full Product & Solution Portfolio for India's AIoT Scenarios
Centered on reliable IoT connectivity and efficient AI solutions, Neoway has built a complete product matrix spanning wireless communication modules, antennas, PCBA, whole-machine and robot solutions. This enables Neoway to support customers across India and South Asia from core components to system-level solutions, and to showcase its deployment capabilities tailored to India’s AIoT industry.
Neoway’s wireless communication module portfolio covers a wide range of network modes including 5G, 5G RedCap, LTE Cat.4, LTE Cat.1, NB-IoT/eMTC and GNSS, providing connectivity services for IoT devices in scenarios such as smart energy, IoV, industrial control and smart home. At the same time, Neoway offers a full series of antenna products covering 4G/5G cellular antennas, GNSS antennas and RTK antenna modules, combining with its modules to form a complete communication solution. In the Indian market, Neoway’s modules and antennas have been widely applied in core power IoT scenarios such as smart meters, distribution automation and power gateways, while maintaining an industry-leading position in India’s smart two-wheeler segment. Furthermore, Neoway’s products and solutions continue to support the intelligent upgrade of India’s AIoT industry across diverse scenarios including smart payment, industrial control and IoV.
Neoway has strong PCBA and device design and development capabilities, with over a decade of ODM service experience in PCBA and device products. Drawing on its robust R&D capabilities and rich supply chain resources, Neoway provides one-stop services to domestic and overseas customers spanning from software and hardware design to mass production delivery. Neoway's ODM products have exceeded 5 million units in supply volume across multiple countries worldwide, covering a wide range of terminals including smart emergency vehicle lights, ODU, CPE, MiFi, OBD, TCU and DVR.
According to RCSV Research's State of Robotics 2026: India report, India's robotics market reached total spending of USD 2.14 billion in 2026, up 17% year-on-year, making it the fastest-growing major economy outside China. Built on the three-tier "Cloud-Pipe-Device" collaborative architecture, Neoway provides robots with a full-stack solution integrating collaborative communication and computing power. The solution flexibly adapts to various robot types, including industrial robots, service robots, humanoid robots and special-purpose robots, and accelerates the commercial deployment of India's robotics industry through reliable communication and efficient computing power.
Leveraging its full-stack communication and AI solutions and professional localized service capabilities, Neoway is deepening its engagement in the Indian market. With the vast prospects of India's AIoT industry ahead, Neoway will continue to deliver reliable IoT connectivity and efficient physical AI solutions, working alongside value chain partners to jointly open new pathways for intelligent connectivity across South Asia.
