Image: Reuters By Somshubhro Pal Choudhury and Anil Paranjape
Editor’s Note: This is part 2 of a two-part series on the role of productivity in making ‘Make In India’ a successful program. You can read Part 1 here .
Case for Robotics in Industry 4.0 Automation and robotics technologies are in their infancy in Indian medium-size factories since technical feasibility and return on investment (RoI) are preconditions for deployment. Factories review RoI basis a 2-3 year horizon, which becomes a difficult RoI with the cheap cost of labor.RoI needs to be examined basis higher output levels, better […]
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