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Union Budget 2021 should focus on technology for Atmanirbhar Bharat mission, says Hi-Tech Robotics CEO – Business News , Firstpost



According to a current research, the full variety of jobs associated to growing and deploying new applied sciences, like automation, AI and robotics-associated purposes, might develop to 20 to 50 million globally by 2030

Kolkata: Budget 2021 should focus on enhancing productiveness by incentivising using technologyto make India ‘Atmanirbhar’ and future-prepared, an official withindustrial autonomous and AI applied sciences mentioned on Sunday. India has, to date, seen very low robotic adoption in comparison with its regional and world friends.

According to a current research, the full variety of jobs associated to growing and deploying new applied sciences, like automation, AI and robotics-associated purposes, might develop to 20 to 50 million globally by 2030 and greater than 375 million staff globally.

“Reduction of customs duty/IGST and providing taxbreaks/incentives to robotics adopters can boost demand,” Hi-Tech Robotics Systemz founder & CEO Anuj Kapuria mentioned. “It is among the first companies in industrialautonomous and AI technology in the country. “For accelerating technology and R&D, organising ofrobotics centres of excellence, incubation centres, continuedresearch grants for robotics R&D and continuation of incometax deduction would be the key drivers,” he mentioned.

Timely coverage interventions can speed up roboticadoption in manufacturing and warehousing. Special focus should be on warehouse automation the place now we have seen a rise in buyer traction.

“These would boost the confidence of technology-drivenindustry players and strengthen the government’s Make in Indiafor Global and Atmanirbhar Bharat vision, besides making aremarkable contribution to employment generation and will makeIndian industry more efficient and surpass the globalstandard,” Kapuria mentioned.

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