Industrial Robot Sales Reach Record Level in India
FRANKFURT—Initial findings of the World Robotics Report 2018, published by the International Federation of Robotics (IFR), show that sales of industrial robots in India reached the new record of 3,412 new units installed in 2017. That is an increase of 30 percent compared to 2016.
Between 2012 and 2017, India saw a compound annual sales growth rate of 18 percent. Broken down by industry, India´s automotive sector is the main customer with a share of 62 percent of the total supply. Sales rose by 27 percent in 2017 compared to the previous year.