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Market Research Report: Top Indian Robotics Companies - Current Projects and Future Outlook-Part 1



Introduction

India's robotics industry is experiencing rapid growth, driven by government initiatives like "Make in India," increasing industrial automation, and advancements in AI and IoT. The Indian industrial robotics market, valued at USD 493.25 million in 2024, is projected to grow at a CAGR of 15.1% through 2030, according to Straits Research. This report analyzes five leading Indian robotics companies—GreyOrange, Unbox Robotics, Systemantics, Invento Robotics, and Gridbots Technologies—focusing on their current projects, market position, and future potential.

1. GreyOrange

Company Overview

  • Founded: 2011
  • Headquarters: Singapore, with significant operations in Gurgaon, India
  • Focus: Warehouse automation and AI-driven robotics
  • Market Position: A global leader in robotics for retail, e-commerce, and logistics, serving clients like Flipkart and PepsiCo.

Current Projects

  • Fulfillment Operating System (FOS): GreyOrange’s AI-driven platform orchestrates warehouse robots for real-time inventory management and order fulfillment. In 2024, the company enhanced FOS with predictive analytics to optimize supply chain efficiency.
  • Ranger Series Robots: Autonomous Mobile Robots (AMRs) like Ranger MoveSmart and Ranger GTP are being deployed in warehouses worldwide, with recent expansions into the U.S. and Middle East markets in late 2024.
  • Partnerships: Collaborating with Indian e-commerce giants to scale last-mile delivery automation using robotics.

Future Outlook

  • Growth Potential: With the global warehouse automation market expected to reach USD 41 billion by 2027 (Statista), GreyOrange is well-positioned to capitalize on this trend, especially in India’s booming e-commerce sector.
  • Innovation Focus: Investments in AI and swarm intelligence suggest a shift toward fully autonomous warehouse ecosystems by 2030.
  • Challenges: Competition from international players like Amazon Robotics and domestic startups could pressure pricing.

References

2. Unbox Robotics

Company Overview

  • Founded: 2019
  • Headquarters: Pune, India
  • Focus: Supply chain robotics for e-commerce and logistics
  • Market Position: A fast-growing startup known for compact, scalable robotic sorting solutions.

Current Projects

  • UnboxSort System: A vertical robotic parcel sorting solution that scans, sorts, and dispatches packages, reducing warehouse space by 50-70%. In early 2025, Unbox Robotics deployed this system for a major Indian e-commerce player, increasing sorting speed by 40%.
  • Swarm Intelligence Development: Leveraging bio-inspired algorithms to coordinate multiple robots, with pilot projects underway in partnership with logistics firms in Q1 2025.
  • Global Expansion: After raising USD 7 million in Series A funding in 2023, Unbox Robotics launched operations in the U.S. and Southeast Asia in 2024.

Future Outlook

  • Growth Potential: The company’s focus on compact, cost-effective solutions aligns with the needs of small-to-medium enterprises, a largely untapped market in India.
  • Innovation Focus: Plans to integrate AI-driven predictive maintenance into its systems by 2026 could enhance reliability and market share.
  • Challenges: Scaling production and maintaining cost competitiveness against larger players like GreyOrange.

References

3. Systemantics

Company Overview

  • Founded: 1995
  • Headquarters: Bangalore, India
  • Focus: Industrial automation and collaborative robots (cobots)
  • Market Position: A pioneer in indigenous cobot design, serving automotive, e-commerce, and pharmaceutical sectors.

Current Projects

  • ASYSTR Cobot Series: The ASYSTR 10C (10kg payload) and ASYSTR 5C (5kg payload) are being deployed in automotive assembly lines, with a recent contract signed with Tata Motors in February 2025 for 50 units.
  • Smart Manufacturing Solutions: Integrating IoT and AI into cobots for real-time monitoring, with pilot projects in pharmaceutical packaging launched in Q4 2024.
  • R&D Expansion: Systemantics opened a new research lab in Bangalore in January 2025 to develop next-gen cobots with enhanced dexterity.

Future Outlook

  • Growth Potential: The global cobot market is projected to grow at a CAGR of 26.6% through 2030 (Grand View Research), and Systemantics’ affordable, locally-made solutions give it a competitive edge in India.
  • Innovation Focus: Targeting Industry 4.0 adoption with plans for fully autonomous cobots by 2028.
  • Challenges: Limited brand recognition compared to global leaders like Universal Robots.

References

4. Invento Robotics

Company Overview

  • Founded: 2016
  • Headquarters: Bangalore, India
  • Focus: Humanoid service robots for customer interaction
  • Market Position: A niche player in service robotics, targeting hospitality, healthcare, and senior living.

Current Projects

  • MITRA Robot: A 5-foot-tall humanoid robot with AI-powered features like face detection and autonomous navigation. In 2025, Invento deployed MITRA in 20 senior living facilities across India for health monitoring and companionship.
  • Healthcare Automation: Partnering with Apollo Hospitals in Q1 2025 to pilot robots for patient assistance and telemedicine support.
  • Retail Deployment: Expanding MITRA’s use in malls for customer service, with a rollout planned for mid-2025.

Future Outlook

  • Growth Potential: The service robotics market in India is nascent but growing, with a projected CAGR of 18% through 2029 (Mordor Intelligence). Invento’s focus on human-robot interaction positions it as a leader in this space.
  • Innovation Focus: Plans to integrate generative AI for more natural conversations by 2027.
  • Challenges: High development costs and competition from cheaper imported robots.

References

5. Gridbots Technologies

Company Overview

  • Founded: 2007
  • Headquarters: Ahmedabad, India
  • Focus: Robotics, AI, and machine vision for defense, nuclear, and industrial applications
  • Market Position: A specialized provider with strong ties to government and defense sectors.

Current Projects

  • Firefighting Robot: An all-terrain robot with water cannons, deployed by the Indian Navy in 2024 for shipboard fire suppression.
  • Nuclear Debris Collector: A robotic solution for handling hazardous materials, currently in use at Bhabha Atomic Research Centre (BARC) as of Q3 2024.
  • Defense Automation: Developing autonomous weapon stations for homeland security, with trials scheduled for mid-2025.

Future Outlook

  • Growth Potential: Government contracts and India’s focus on defense modernization (budget of USD 74.3 billion in 2025) ensure steady demand.
  • Innovation Focus: Expanding into space robotics with ISRO collaborations planned for 2026.
  • Challenges: Niche focus limits scalability in commercial markets.

References

Market Trends and Insights

  1. Automation Demand: Rising labor costs and the push for Industry 4.0 are driving robotics adoption across manufacturing, logistics, and healthcare.
  2. Government Support: Initiatives like the "Draft National Strategy on Robotics" provide funding and incentives, boosting local innovation.
  3. AI and IoT Integration: Companies integrating these technologies into robotics are gaining a competitive edge, with a focus on smart, adaptable systems.
  4. Challenges: Skill shortages and high initial costs remain barriers, though training programs and cost-effective designs are addressing these issues.
 

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