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India’s operational inventory of business robots. | Supply: IFR
Industrial robotic gross sales in India have reached a brand new file with 4,945 models put in in 2021, in response to the Worldwide Federation of Robotics (IFR). This can be a 54% improve in comparison with 2020 when 3,215 models have been put in.
India now ranks tenth on the earth in annual installations, in response to the IFR. The nation’s largest robotics buyer is the automotive business, which operated 31% of the nation’s industrial robots in 2021.
“India is likely one of the world’s fastest-growing industrial economies,” Marina Invoice, President of the Worldwide Federation of Robotics, mentioned. “Inside 5 years, the operational inventory of business robots has greater than doubled, to achieve 33,220 models in 2021. This corresponds to a median annual progress fee of 16% since 2016.”
Inside India’s automotive business, installations greater than doubled to 1,547 models in 2021, a 108% improve. Robotic density, which measures the variety of industrial robots per 10,000 employees, reached 148 in 2021.
Different important robotic consumers in India in 2021 embody the metallic business, which put in 308 models, a 9% lower from 2020, the rubber and plastics business with 246 models, up 27%, and {the electrical} and electronics business with 215 models, up 98%.
Whereas India doesn’t rank within the high ten in robotic density on the earth, that would change inside the subsequent decade. In 2010, China’s automotive robotic density hit 131 models per 10,000 employees, and in 2021 it had grown to 772 models.
Now, China has the next total robotic density than the US and was the fifth most automated nation worldwide in 2021.
The Indian authorities has taken measures to help using robotics within the nation. The Manufacturing Linked Incentive (PLI) scheme, for instance, set to run till 2025, subsidizes corporations that create manufacturing capability in India in robotic buyer industries like automotive, metallic, prescribed drugs, and meals processing.
“Because of the current provide chain disruption, corporations are rethinking their nearshoring methods in Southeast Asia,” Invoice mentioned. “India has historically been a preferred vacation spot for nearshoring within the manufacturing phase. The Indian authorities desires the nation to be thought of for brand spanking new diversification choices equivalent to friendshoring, which is partnering with nations that share comparable values and pursuits.”
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