MM Forgings plans to deploy 100-150 robots to combat manpower shortages and rising labor costs in the manufacturing sector.
The digitization of the physical world is no longer about making machines work harder, but about enabling them to function with the same level of autonomy as the operators they assist.
City-based M M Forgings Ltd plans a capital expenditure of about Rs160-200 crore next fiscal and also deploy about 100-150 robots at its factory to cut down on the costs, said a top company official.
MM Forgings, an auto component manufacturer, plans to deploy 100-150 robots across its facilities to combat rising labour costs and manpower shortages.
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