A young engineer with the vision of leveraging technology to improve the lives of people finds ways to make conventional robots more intelligent. In 2007 he founded Gridbots which develops robots with a solution-centric approach. They consume only a fifth of the power consumed by conventional robots, and weigh only a third of their weight. Audio- and video-based analytics technologies make them more intelligent than conventional ones. We bring you the case study on Gridbots’ venture into robotics in an exclusive arrangement with India Brand Equity Foundation. This is the first in a five-part series from IBEF’s Innovations from India: Harbingers of Change. The series focuses on the innovation-driven entrepreneurial spirit of Indian companies.
The global robotics industry is estimated to be worth $17.6 billion. The Indian robotics industry is worth approximately $750 million and is expected to grow at two to two-and-a-half times the average global growth rate. In conventional understanding, robots are associated with industries in the manufacturing domain. However, advancements in technology have enabled robots to be put to use in domestic functions as well. Robots can be utilised for cleaning homes, swimming pools, sewage and water supply pipelines.