Budget should incentivise the use of technology and robotics: Official ...Middle East

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Budget should incentivise the use of technology and robotics: Official
source : Business Standard ( Middle East ) () 28
Budget 2021 should focus on enhancing productivity by incentivising the use of technology to make India 'Atmanirbhar' and future-ready, an official with industrial autonomous and AI technologies said on Sunday. India has, so far, seen very low robot adoption compared to its regional and global peers. According to a recent study, the total number of jobs related to developing and deploying new technologies, like automation, AI and robotics-related applications, may grow to 20 to 50 million globally by 2030 and more than 375 million workers globally. "Reduction of customs duty/IGST and providing tax breaks/incentives to robotics adopters can boost demand," Hi- Tech Robotics Systemz fo

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