India is one of the world’s largest and fastest-growing manufacturing economies, but it remains under-automated compared with its rivals.
According to the International Federation of Robotics, India installed just over 8,500 industrial robots in 2023, up 59 percent year on year.
That growth is encouraging, but India’s robot density – about 7 units per 10,000 workers – still lags far behind China (392) and South Korea (1,012). [Read more…] about Top 30 Indian robotics companies: Competition, foreign and domestic