India’s robotic increase hits all-time excessive


India´s operational inventory of business robots hit all time excessive.

Gross sales of business robots in India reached a brand new document of 4,945 items put in. This is a rise of 54 % in comparison with the earlier 12 months (2020: 3,215 items). By way of annual installations, India now ranks in tenth place worldwide. These are findings of the report World Robotics, introduced by the Worldwide Federation of Robotics (IFR).

“India is without doubt one of the world’s fastest-growing industrial economies,” says Marina Invoice, President of the Worldwide Federation of Robotics. “Inside 5 years, the operational inventory of business robots has greater than doubled, to achieve 33,220 items in 2021. This corresponds to a median annual development price of 16% since 2016.”

Right now, India is the world’s fifth largest financial system measured by manufacturing output. Based on World Financial institution information, India´s manufacturing worth added in 2021 was USD 443.9 billion, a 21.6% enhance from 2020.

The automotive trade stays the most important buyer for the robotics trade in India with a share of 31% in 2021. Installations greater than doubled to 1,547 items (+108%). The final trade in India is led by the steel trade with 308 items (-9%), the rubber and plastics trade with 246 items (+27%) and {the electrical}/electronics trade with 215 items (+98%).

Spectacular potential for India

The long-term potential of robotics in India turns into clearer when in comparison with China: India´s robotic density within the automotive trade, which is the variety of industrial robots per 10,000 staff, reached 148 robots in 2021. China´s robotic density hit 131 items in 2010 and skyrocketed to 772 items in 2021.

The Indian authorities helps development within the industrial sector as one of many important figures that have an effect on the Gross Home Product (GDP). Right now, the nation´s GDP of about USD 3 trillion ranks in fifth place, head-to-head with the UK and France – behind Germany, Japan, China and the USA – the Worldwide Financial Fund studies.

Outlook for India

“On account of the latest provide chain disruption, corporations are rethinking their nearshoring methods in Southeast Asia,” says Marina Invoice. “India has historically been a well-liked vacation spot for nearshoring within the manufacturing section. The Indian authorities desires the nation to be thought of for brand new diversification choices reminiscent of friendshoring, which is partnering with nations that share related values and pursuits.”

The manufacturing sector can be anticipated to profit from the federal government’s initiatives to spice up its competitiveness and attractiveness for buyers. The Manufacturing Linked Incentive (PLI) scheme, for instance, at the moment set to run till 2025, subsidizes corporations that create manufacturing capability in India in robotic buyer industries like automotive, steel, prescription drugs, and meals processing.

Robots assist to create new jobs

New manufacturing capacities in India are an necessary step to supply sufficient training and employment alternatives for its individuals: Based on projections of the United Nations, India now has a inhabitants of 1,4 billion, surpassing China for the primary time. Which means that India has a big and younger workforce that may drive financial development and innovation. India is predicted to have the most important working-age inhabitants on the earth by 2027.




Worldwide Federation of Robotics (IFR)
connects the world of robotics across the globe. We purpose at selling the constructive advantages of robots for productiveness, competitiveness, financial development and high quality of labor and life.

Worldwide Federation of Robotics (IFR)
connects the world of robotics across the globe. We purpose at selling the constructive advantages of robots for productiveness, competitiveness, financial development and high quality of labor and life.

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