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India´s Robot Boom Hits All-Time High

Dinesh Mishra

The automotive industry remains the largest customer for the robotics industry in India with a share of 31% in 2021. China´s robot density hit 131 units in 2010 and skyrocketed to 772 units in 2021. Today, India is the world’s fifth largest economy measured by manufacturing output. billion, a 21.61% increase from 2020.

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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.