Business leaders need to navigate the digital tracks with finesse and reorient strategies to gather larger and newer markets. Advanced robotic solutions, for example, can be employed to increase productivity. The field recently received a boost when the Department of Science and Technology (DST) allocated funding of Rs 170 crore to IIT Delhi to develop a technology innovation hub on
Collaborative Robotics, or Cobotics. The four verticals that will be covered under this initiative are medical robotics, agriculture and disaster management, defence and smart manufacturing (https://home.iitd.ac.in/news-dst.php).
The digital factor now occupies the core of business functioning; it’s a journey that also reimagines how companies work, how governments connect, how governance happens. More opportunities will arise from this space as more competition stands up.
Read about more such newsy happenings in our latest Tatsat Communique.
Sumi Gupta, Director, Tatsat Foundation