Manufacturing is one of the fastest growing sectors of the Indian economy. Gross Value Added from the manufacturing industry grew at 12.4% year-on-year from FY18 to 19. The Rs. 288.65 trillion sector employs more than 25 million people across the nation and is predicted to become the 5th largest manufacturing power in the world by the end of 2022.
Such massive growth in the manufacturing industry is largely credited to the availability of a skilled workforce, finance to set up manufacturing and tooling infrastructure, and the advent of automation and robotics. Manufacturers are utilising the assistance of these machines to create a safer and efficient workforce and to eliminate chances of physical harm while operating in hazardous conditions.
Introduction of mobile robots
For a significant duration of the last decade, manufacturing involved stationary machines with articulating limbs assembling or processing various parts or equipment. The recent years saw the proliferation of mobile robots, units that can move on their own and perform according to the requirements.
Manufacturingof robots increased significantly as these machines were introduced in various environments like production floor, warehouses, hospitals, nuclear and chemical processing plants, etc.
According to recent market research, the demand for self-moving autonomous machines will grow by 14% between 2022 and 2024. Introducing these machines had allowed companies to boost engineering business with robotics 2.0 (the new generation of autonomous robots dubbed by industry experts) by a significant margin.
It has also brought several engineering business ideas amongst various streams of engineering firms in India. These industries rely on an established merger between mechanical, electronics and computer engineers to create the software and hardware components of these machines. That created new job opportunities and windows for R&D, helping to progress the industry significantly.
Importance of autonomous robots
Adoption of advanced robots has increased both production quality and quantity significantly in recent years. Approximately 70% of the companies utilising such systems have reported substantial growth in their production capacity after implementation. It has also given rise to several business ideas for mechanical engineers in India to tap into this growing market.
The potential to transform the in-factory manufacturing process has generated noteworthy interest in both the producers and employers of advanced automation in India. The market for advanced mobile robots has boosted the manufacturing industry by 14.8% and logistics market by 2.5% in 2022 alone.
Business owners see mobile robotics as a method to tackle the increasing complexity of their manufacturing operations. Its importance has been noted in several fields, including –
- Productivity – Automation of labour-intensive tasks can drive significantly higher productivity as mobile robots can self-adjust to changing parameters with relative ease. Moreover, suitable simulation software provided by companies manufacturing robots also helps these units to learn how to perform complicated tasks.
- Quality – Mobile robots can outperform humans in tasks like warehouse sorting, assembly, etc. These machines are an important part of the whole process to deliver greater reliability and precision and to improve quality by a significant margin.
- Safety – Improved safety is another important advantage of using mobile robots in the modern manufacturing industry. These machines can perform tasks which are otherwise dangerous for the health of a human worker. Also, advancements like machine-vision technology have improved conditions where both man and machine can function fruitfully in a shared environment.
Implementation of such systems
Implementation of mobile robots in manufacturing industries requires building the necessary infrastructure, procuring equipment to handle the operation and purchasing the units themselves. Although the prices of such machines have dropped significantly as several firms have tapped into this mechanical engineering startup idea and started manufacturing similar systems, implementing the entire system still requires significant financial backing.
Fortunately, companies can avail a loanfor engineers to finance the integration. These credits are available for engineers hailing from any specialisation and provide a stable monetary base to aid in upgrading an organisation.
Companies like Bajaj Finserv offer a substantial amount of funds, of up to Rs. 30 Lakh, for self-employed engineers to finance the purchase, implementation, and training of such equipment. Mobile robots are an important force of the future in both production and logistics segment. The improvement in quality and quantity makes it an essential part of the modern manufacturing business.