Enterprises looking for AI-based automation
They prefer home-grown robotic solutions over global competitors, say industry players
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Enterprises looking for integration of AI-based automation systems in various business operations are preferring home-grown robotic solutions over global competitors, according to industry players. Those engaged in logistics, warehousing and retail chain management have been scrambling for artificial intelligence-based automated solutions at a time when the competition is intense for quick and cost-effective delivery of products and services, irrespective of order quantity and distance.
Made-in-India robots come with the ease of customisation and implementation flexibility with different applications having unique requirements, said Sheshadri P V, Executive Vice President of Reliance Retail, which has integrated automation in grocery and fashion & lifestyle verticals. "Grocery has limited SKUs (Stock Keeping Units) but fashion comes with much more complexities in terms of SKUs which need to be managed. Technologies for both of them would be different," he explained.
Noida-based company Addverb which has been in the robotics manufacturing business since 2016 has more than 20 products in the market across the world. The company said 30 per cent of its business comes from overseas but a large chunk comes from domestic clients.
