Robot accessories maker Robot System Products (RSP) will set up a subsidiary in India, as it aims to tap opportunities led by growth potential in the robotics and industrial automation sector.
The company is poised to supply its range of industrial robot accessories to customers in India. At present, the robot accessories will be imported from Sweden, however, the plan is for manufacturing at least two products from India by next year. Moreover, the products are designed to increase the manufacturing flexibility and reliability of all major robot brands used in manufacturing.
India’s industrial robots and automation market is expected to double to USD 25 billion by 2025 due to the increasing use of Industry 4.0 technologies. Ramp up in productivity is planned for automotive electric vehicle programs, electronics, and others.
With India’s goal to be a manufacturing hub for the world, RSP is well positioned to provide the local industry with quality, and flexible manufacturing solutions to automate and to achieve their goals.