May 19, 2024

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graph showing india's operational stock of industrial robots from 2011-2021.

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 accordance with 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 planet in annual installations, in accordance with 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 among the world’s fastest-growing industrial economies,” Marina Invoice, President of the Worldwide Federation of Robotics, stated. “Inside 5 years, the operational inventory of business robots has greater than doubled, to achieve 33,220 models in 2021. This corresponds to a mean annual development 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 vital robotic consumers in India in 2021 embrace 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 prime ten in robotic density on the planet, that might change throughout 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 general robotic density than america and was the fifth most automated nation worldwide in 2021. 

The Indian authorities has taken measures to assist the usage of robotics within the nation. The Manufacturing Linked Incentive (PLI) scheme, for instance, set to run till 2025, subsidizes firms that create manufacturing capability in India in robotic buyer industries like automotive, metallic, prescription drugs, and meals processing.

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