Asian country’s government-backed investment organisation talks up ‘Thailand 4.0’, highlighting the industrial robot manufacturing sector, where sales are forecast to increase by 133 per cent from 2,131 units in 2013 to 7,500 units in 2018 – and it’s offering huge tax breaks to achieve it
Thailand has been doing well as a result of globalisation, but with increasing attention to, and investment in robotics, the country is looking to further accelerate its development.
Authorities in the country have launched something they call “Thailand 4.0” – based on Industry 4.0 – which essentially refers to the greater levels of internet connectivity in the industrial sector.
And even if the country’s industrial sector has been doing well, greater levels of connectivity would elevate operations to a higher level, or create value, as the authorities see it. Continue reading Robotics and automation reshaping Thailand’s economy, as it looks to sell more industrial robots