Top 10 Best Robotech companies in India 2023
Robotech startups have sparked a new industry in India. As A.I. technology developed, countries took countries started to take leadership in the burgeoning robot industry. Top Robotech startups have been highly inventive and have taken advantage of every opportunity to rise to the top of the list of Robotech companies been highly creative and have taken advantage of every opportunity to rise to the top of Robotech firm’s inventory.
The robotic era has arrived. Customers for robotics companies range from consumers to private firms in a wide range of industries, making up a seemingly unlimited number. The digitization of labor, product manufacture, construction, and other processes is under heavy pressure. Businesses in the robotics industry stand to gain significantly from this society-wide trend toward automation.
Use these ten steps to launch a robotics business:
- Plan out your robotics business.
- Establish your robotics business as a legal entity.
- File tax returns for your robotics business.
- Open a Business Credit Card and Bank Account
- Establish bookkeeping for your robotics business.
- Obtain the Required Licenses & Permits for Your Robotics Company
- Purchase robotics business insurance
- Create a brand for your robotics company
- Create a website for your robotics business, and
- Install a phone system for your company.
Starting a business involves more than just filing the necessary paperwork with the government. This easy-to-follow manual will help you launch your robotics business. These actions guarantee that your new company is carefully thought out, legally compliant, and registered.
STEP 1: Create a business plan
For an entrepreneur to be successful, they must have a clear plan. You can use it to map out your company’s specifics and identify some unknowns. The following are a few crucial points to think about:
- What are the initial and continuing costs?
- Who is your intended audience?
- What prices are permissible for customers?
- What will the name of your company be?
STEP 2: Establish a legal entity.
The four main types of business structures are the sole proprietor, partnerships, limited liability company (LLC), and corporate. If a robotics company is sued, creating a legal business entity, like an LLC or corporation, shields you from being held personally accountable.
Step 3: File taxes.
Before starting a business, you must register for several federal and state taxes.You must register for an EIN to file for taxes. Simple and cost-free! Taxes for small businesses. Your choices for how your firm will be taxed may vary depending on the business form you select. For instance, some LLCs might benefit from S company tax treatment (S corp).
The following guides can help you learn something about small business taxes:
- How to Start an S Corp
- LLC Taxes
- Limited Liability Company vs LLC
- LLC vs. Corporation
- LLC vs. S Corp
- S Corp vs. C Corp
STEP 4: Open a company bank account and credit card.
For the protection of personal assets, it is crucial to use special business credit and banking accounts. Your assets—your home, vehicle, and other valuables—are in danger if your firm is sued if your individual and commercial accounts are combined. This is known as “piercing your corporation veil” in business law.
STEP 5: Set up the accounting process.
Understanding your business’s financial performance depends on keeping track of your expenses and revenue sources. Maintaining precise and thorough records also makes submitting your yearly taxes much more uncomplicated.
STEP 6: Obtain all essential licenses and permits
Heavy fines and even the closure of your business may come from failing to obtain the required permissions and licenses.
STEP 7: Obtain commercial insurance
Insurance is also necessary, similar to how a business needs licenses and permits to function legally and safely. The financial stability of your business is safeguarded by business insurance in the case of a covered loss.
There are many insurance policy types for various businesses with multiple risks. If you’re unsure what hazards your company might encounter, start with general liability coverage. It’s a beautiful starting point for your company because this is the coverage that smaller companies require the most frequently.
STEP 8: Establish your brand
Your firm’s brand is what it stands for and how the public views your organization. Your company will stand out from rivals with a powerful brand.
STEP 9: Create a website for your company
The next stage is building a company website after establishing your brand and designing your logo. Although building a website is a crucial first step, some people might worry that they can’t do it since they have no prior website-building knowledge. Although this would have been a valid concern in 2015, online technology has advanced significantly in recent years, greatly simplifying the lives of business owners.
STEP 10: Set up your Business Phone System
One of the easiest ways to maintain privacy and separation between your personal and professional lives is to set up a business phone. It also lets you automate your business, provides respectability, and makes it simpler for potential clients to find and get in touch with you.
Robotech has altered the world in numerous ways since the middle of the twentieth century. One of the most significant changes that robots and comparable technologies have made to how we live and work is the replacement of dangerous and repetitive tasks that humans once had to accomplish by hand.
Since then, Robotech, beginning in India, has started leveraging technology to help their everyday operations and provide better services and products to their clientele throughout the globe. The following article discusses the best ten Robotech startups. Let’s examine some of the top Robotech startups.
1. ABB
ABB is a leader in industrial digitalization technology and focuses on finding solutions to all significant problems. The business integrates client software with its robotics, automation, electrification, and motion portfolio. The salary range at ABB, one of the most prominent robotics companies in India, is between 20.81 lakh and 22.62 lakh per year.
ABB is a top global technology corporation that drives social and industrial change for a more prosperous and sustainable future. ABB pushes technological limits to raise performance to new heights by integrating software with its electrification, robotics, automation, and motion solutions portfolio. ABB has a more than 130-year tradition of quality, and its 105,000 outstanding employees across more than 100 countries are the key to its success.
ABB is a top global technology corporation that drives social and industrial change for a more prosperous and sustainable future. ABB pushes technological limits to raise performance to new heights by integrating software with its electrification, robotics, automation, and motion solutions portfolio. ABB has a more than 130-year tradition of quality, and its 105,000 outstanding employees across more than 100 countries are the key to its success.
2. Recon Robotics, Inc.
The business was established in 2006. The world’s largest producer of robotics right now is Recon. It offers its goods for sale in much more than 33 nations worldwide. Major organizations, including the U.S. Air Force, Army, Navy, Marine Corps, Border Agents, FBI, and ICE, are among their clients. It has offices all around the world, and its main office is in Edina, Minnesota. The pioneer in tactical micro-robot & portable sensor systems is ReconRobotics®.
The U.S. military, foreign allies, federal, state, and local government agencies, bomb squads, and fire/rescue teams have used over 5,500 of the company’s robots worldwide. They employ the portable Recon Scout® and Throwbot® gadgets made by the firm daily to safeguard their workers, reduce collateral damage, and conduct quick reconnaissance in hostile and dangerous areas.
The business was established in 2005 to market robot technology created by the Advanced Research Projects Agency-funded Center for Distributed Robotics at the University of Minnesota (DARPA). With licensed original property rights from the University of Minnesota, ReconRobotics Inc. was founded in 2005.
They are currently the industry leader for ultra-light UGV solutions for military and law enforcement teams worldwide.
3. Gridbots
One of the robotics firms operating in India is called Gridbots. It specializes in robotics, artificial intelligence, and machine vision. The business creates and develops ultra-high-performance technologies employed in the sector for various purposes, including flaw detection, sorting, and grading. Gridbots assists clients in meeting their deadlines for achieving their goals for the digital factory with its machine vision and robotic solutions.
A famous and well-known producer of robots, underwater robots, inspections robots, and other goods called “Gridbots Technologies Private Limited” was established in 2007. To guarantee that their clients are happy, they provide these products with various specifications. The company Gridbots Technologies is situated in Ahmedabad (Gujarat, India).
It is a technological and invention company committed to using innovation and tenacity to achieve perfection in the disciplines of robotics, computer vision technologies, and artificial intelligence. By developing smarter, faster, and more effective robots, Gridbots Technologies hopes to integrate robotics into people’s daily lives.
4. DiFACTO Robotics
Bangalore is home to the renowned engineering service provider DiFACTO Robotics. DiFACTO is committed to giving consumers a wide range of robotic solutions under one roof. The most notable services are design services, education, mechanical simulation, offline coding, on-site automatic programming, and robotics. Additionally, DiFACTO offers solutions for auto BIW Weld lines, auto Arc Weld lines, robot-based seal and foundry solutions, and plastic cutting and tending.
Inside the Indian manufacturing industry, DiFACTO Robots and Automation is a top provider of robot solutions.
DiFACTO has positioned itself as a dependable automation systems integrator to its customers with a broad array of automation solutions for various industries. Over the past 14 years, DiFACTO has served clients in more than 15 countries while employing more than 200 engineers. The engineering branch offices of DiFACTO are located in India’s Gurgaon and Pune. The U.S. market is served by DiFACTO Robots America, a wholly owned subsidiary of DiFACTO India, which is based in Troy, Michigan (near Detroit), the hub of the North American automated production sector.
5. Sastra Robotics
Sastra Robotics provides and develops robotics technologies to enable automated unit testing of actual equipment that mimics human testing. Providers and OEMs use the items to hasten to test and shorten the time it takes for their products to hit the market.
It is the sole robotics business in India that offers services to the electronics, automotive, and aviation industries. The company creates scalable robotic alternatives for tasks that weren’t previously automated. Since 2013, Sastra Robotics has provided cutting-edge products to various industries.
OEMs and other businesses test their goods using the company’s selection of robots, which shortens the time between the research and development, testing, and marketing cycles. Some of the biggest companies around the world are among Sastra Robotics’ customers.
6. Mazor Robotics
The business, which was founded in 2001, made history when it created the first mobile robots to direct spinal procedures. Surgeons use the company’s Robotics Renaissance throughout to perform orthopedic and neurosurgery functions. Its ground-breaking “Mazor Robotics technology” is used in 26 hospitals throughout the world and 28 hospitals in the U.S. The technology is thought to have been used in more than 4,000 surgical procedures worldwide.
7. Robotics Systemantics
The business was established in 1995 and is a local maker of goods for the robotics sector. They provide a variety of goods, including speed reducers, A.C. servos, motion controls for servos, and fundamental robotic arm technologies. They are located in Bangalore, India. For the leading businesses in the robotics industry, they offer affordable solutions. One of India’s top robotics and automation companies, Systematic Robotics is a Bangalore-based business.
Assist 600, the company’s flagship product can handle a variety of activities, including those for the metal industries, such as bending, stamping, forging, distributing, palletizing, and inspection. According to the manufacturer, Asystr 600 can manage burdens up to 5kg. Sensible Robotics is the focus of the company’s activities.
8. Robotics by KUKA
One of the central KUKA Robot Groups includes KUKA Robots (India) Private Limited. It was founded in 2006 and had its headquarters there. Most of the top car, engineering, and non-engineering firms are among their prestigious clients. In addition to selling and manufacturing controllers, software, and industrial robots, the company also manufactures them. Around the world, the company has more than 4000 people.
Global automation company KUKA has annual revenues of about 3.3 billion euros and employs approximately 14,000 people. Germany’s Augsburg serves as the company’s headquarters. In the markets of automotive, electronic parts, metal & polycarbonate, consumer goods, e-commerce/retail, and healthcare, KUKA serves as one of the world’s top providers of automation solutions, providing customers with everything they require from a single source, ranging from robots and mitochondria to fully automated systems. And their networking.
9. Techasoft
The leading robotics company with its headquarters in Bangalore is Techasoft. They use cutting-edge technologies such as robotics, cloud computing, hyper-automation, and cognition computing to better service their customers. They are innovators in providing services, including application development, PHP programming, server-side development, and digital marketing. Additionally, they are a team of knowledgeable experts who offer qualified answers.
A rapidly expanding I.T. company, Technosoft Pvt. Ltd., offers comprehensive I.T. solutions to companies worldwide. They provide I.T. experience in UI/UX design, digital marketing, and software, website, or app (iOS & Android) development. They have a total of 12 service sites where we provide our services to companies in different industries.
They have thus far entered the healthcare, food premises, travel and tourism, logistics and shipping, e-commerce, finance, technology, industrial, and IT-enabled schooling service industries. Their staff of highly qualified I.T. specialists currently works around the clock to make sure Techasoft keeps its promises and commitments. Software engineers, web designers, designers, and experts in digital marketing make up their team of knowledgeable professionals.
10. Lockheed Martin
This California-based business was established in the U.S. in 1912. It was founded in India about 20 years ago and has provided funding for many Ministry of Defense initiatives. The business’s headquarters are in Delhi, and it has partnered with Tata Advanced Systems to create Tata Lockheed Martin Aerostructures, a joint venture company that would produce C-130J aircraft parts. Modern Unmanned Aircraft Vehicles, River Cleaning Robots, and robot sensing, navigation, and perception software have all been developed by the company.
In this particular area of robotics, the company is somewhat of a leader. Omnipresent Robot Tech offers a variety of robotics-based industrial applications.
These include robotics that assists engineers in seeing into the eye of a fireplace or other limited, inaccessible infrastructure, customized uncrewed aerial vehicles ( UAVs for various particular purposes, which include search and rescue, and several other cutting-edge drone-based robotics. Nerve Center is an Internet of Things (IoT) premised control method for CCTV cameras and camera systems that enables instant response.
India’s Robotics Industry: A Quick Overview
Indian businesses are quickly adopting automation of operations. The goal is to increase output in quantity, accuracy, and security. To increase industrial automation in order to boost domestic production and the supply of goods.
The Indian government encourages startups in the robotics industry and public and private sector businesses. The existing patterns indicate that, over the next 20 years, the global population of robots will likely increase even more quickly, according to a June 2019 analysis by Oxford Economics. So much so that by 2030, it may affect 20 million people worldwide.
The World Association of Robotics said in 2019 that India’s automotive industry accounted for up to 62% of the overall supply and was the primary consumer of industrial robots. According to IFR, nearly 2 million other industrial robots are anticipated to be deployed in factories worldwide between 2020 and 2022. From 2019 to 2024, the Indian robotics market is expected to grow at a CAGR of 13.3%.
Challenges Indian Companies Face
Even while Indian businesses are quickly adopting robotics software and technologies, they continue to confront some particular difficulties.
- The high cost of obtaining these technologies, a lack of money, and the availability of untrained workers on the market are a few of the frequent problems.
- A small amount of room on the factory floor.
- A lack of technical know-how to use the sophisticated new technologies
edited and proofread by nikita sharma
