The Indian robotics industry has an exponential growth rate. International Federation of Robotics (IFR) has published a report in 2020 that mentioned a very promising number of 3412 new industrial robotic machines installed in 2017 alone. It is a huge increase of 30 percent over the 2,626 units that were installed in 2016. In the past year alone, the industry grew by 10,000 units and is expected to continue growing for years to come. And, of course, this doesn't even include the hundreds of millions of additional people that will be using robots in various industries in 2018 and beyond.
The IFR estimates that there are 1,400,00 industrial robot installations worldwide, a figure which is estimated to grow by about 8,300 units by 2022, or more than a 35 percent increase. This has led IFI Robot News to estimate that by 2020, there will likely be as many as 2. This growth in domestic robots has also been driven by significant investments in robotics and robotics research. Companies like Toyota, Google, Ford, Kuka Robotics, as well as a number of universities have set up,'' robotics centers in their respective campuses, offering training to students to get them up to speed with robotics.