MM Forgings plans to deploy 100-150 robots to combat manpower shortages and rising labor costs in the manufacturing sector.
The "Foundry & Forging Robots Market Research Report by Type (Electric Drive Robots and Hydraulic Robots), by Application (Automotive Industry, Metal Foundry Industry, and Semiconductor Foundry ...
MM Forgings, an auto component manufacturer, plans to deploy 100-150 robots across its facilities to combat rising labour costs and manpower shortages.
City-based M M Forgings Ltd plans a capital expenditure of about Rs160-200 crore next fiscal and also deploy about 100-150 robots at its factory to cut down on the costs, said a top company official.
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