Budget should focus on technology robotics adoption for Atmanirbhar Bharat mission Kapuria

    Kolkata, Jan 31 (PTI) Budget 2021 should focus on
enhancing productivity by incentivising the use of technology
to make India 'Atmanirbhar' and future-ready, an official with
industrial autonomous and AI technologies said on Sunday.
    India has, so far, seen very low robot adoption
compared to its regional and global peers.
    According to a recent study, the total number of jobs
related to developing and deploying new technologies, like
automation, AI and robotics-related applications, may grow to
20 to 50 million globally by 2030 and more than 375 million
workers globally.
    "Reduction of customs duty/IGST and providing tax
breaks/incentives to robotics adopters can boost demand," Hi-
Tech Robotics Systemz founder & CEO Anuj Kapuria said.
    It is among the first companies in industrial
autonomous and AI technology in the country.
    "For accelerating technology and R&D, setting up of
robotics centres of excellence, incubation centres, continued
research grants for robotics R&D and continuation of income
tax deduction will be the key drivers," he said.
    Timely policy interventions can accelerate robotic
adoption in manufacturing and warehousing. Special focus
should be on warehouse automation where we have seen an
increase in customer traction.
    "These would boost the confidence of technology-driven
industry players and strengthen the government's Make in India
for Global and Atmanirbhar Bharat vision, besides making a
remarkable contribution to employment generation and will make
Indian industry more efficient and surpass the global
standard," Kapuria said. PTI BSM
RG RG

(This story has not been edited by THE WEEK and is auto-generated from PTI)