Hye Viswanadh,
Now a days, IOT is emerging technology in world. IOT is way of connectivity of phisical object to the intenet without human intervention and exchange the information between electronic devices through intenet. You should monitor, analyse and control the data over the intenet. Lots of idea and project, you can make the application based on IOT.
I would like to suggest some basic example.Think in your way some innovative idea which you can implement in real time.
– Smart Home automation
– Smart water tank monitoring and controlling System
– Smart gardening System
– Smart energy meter
– Smart car monitoring System
I suggested only few basic idea of IOT. More research, more analyse and invent something new.
Good luck……….