Automation At Work

The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers

Nearly 69 per cent of jobs in India are under threat from automation, as the country, with its relatively young workforce, is set to add 160 million new workers over the next 20 years

India ranks fifth highest in terms of the impact from automation and ninth in terms of level preparedness, according to a research study conducted by Deloitte and commissioned by Autodesk Foundation

The 'Future of Jobs Report 2020', however, noted that 97 million new roles may emerge that are more adapted to the new division of labour between humans, machines, and algorithms

The report cited sewing machine operators, graders and sorters of agricultural products as examples of completely automatable occupations

Some firms are being even more adventurous and toying with an idea that, on the face of it, seems counter-intuitive, namely replicating the work from a home model in the factory.

Nearly two-third believes that their current jobs will be replaced by automation

Should governments respond by dissuading innovation?

The India findings of the Global Future of Work Survey reveal that companies in Asia Pacific expect automation to account for about 23 per cent of work being done