Automation and Robotics to re-shape the future of Indian Industry
Sep – Dec 2017
Passion for technology and the need to be globally competitive has paved the way for the rise of Automation in India. According to Nasscom, data science and artificial intelligence (AI) technologies are emerging as the one of biggest growth opportunities for India to capitalize on. In a recent summit in India, former United States President Barack Obama emphasized that we can’t pretend automation doesn’t exist. Instead we need to invest in people’s skills. India’s Skill Development Minister, Dharmendra Pradhan shares a similar view – “India cannot afford to ignore new technologies like artificial intelligence (AI) and automation, and miss out on Industrial Revolution 4.0”. While the Indian Industry is readily welcoming foreign innovative technologies, many foreign companies are actively investing in the areas of automation, artificial intelligence and Internet of things (IoT) in India.
In The Press
13.09.2017 – The Economic Times
About 87% of 1,034 professionals surveyed view automation as a positive impact on their current work situation with 78% stating confidence in their future job prospects – according to Michael Page India’s ‘India Automation’ report.
13.09.2017 – India Today
A “policy group” has been created by the Ministry of Electronics and Information Technology with representation from the academia, which has done a lot of research on the subject. This group will study the new technologies and recommend a framework for its adoption.
18.09.2017 – The Economic Times
Reliance Group’s Unlimit – an Internet of Things (IoT) venture for enterprises – and tech giant IBM partner to co-create IoT solutions for industry verticals, including automotive, insurance, utilities and industrial automation.
06.10.2017 – ThePrint
Ministers Suresh Prabhu and Piyush Goyal quell fears about job cuts; say technology could create new opportunities.
05.11.2017 – The Times of India
Tech Mahindra is heavily focused on automation and the country’s fifth largest IT firm expands its focus on new technologies to become more competitive.
10.11.2017 – The Economic Times
Chinese telecom giant Huawei will ramp up its efforts towards building devices with Artificial Intelligence (AI) capabilities for the Indian market.
17.11.2017 – The Economic Times
Internet of things (IoT) devices in India are expected to increase 10 times to 200 crore in the next 3-4 years, owing to passion for technology among the people.
20.11.2017 – News18
India currently has over 50 surgical robots and a pool of over 300 trained robotic surgeons and an estimated 700 robotic-assisted surgeries a month are conducted in the country.
20.11.2017 – Financial Express
Many of the large technology services companies are coming out with their own AI platforms and a growing number of start-ups are focused on this technology in India.
13.12.2017 – CXO Today
Technologies like the Internet of Things (IoT) is redefining the way firms are generating and consuming data. International Data Corporation (IDC) predicts India IoT Market to reach $34 billion by 2021.