NEW DELHI: US-based chipmaker Qualcomm and Taiwan’s MediaTek are betting big on India’s Internet of Things (IoT) market and working with various device makers and telecom service providers to drive the IoT ecosystem in India, focusing especially on the narrow-band IoT (NB-IoT) segment.Analysts said NB-IoT reduces device complexity, enhances battery life to several years and enables deeper coverage to reach sensors and meters in challenging locations such as remote rural areas or inside buildings. Both chipmakers are currently working with Indian telcos for certification and compliance testing of devices on their IoT networks, according to executives.