Research firm "Research and Market" estimates that India's UAV market will be worth $1.81 billion (Rs. 13,575 crores) by FY26

An Electric Vehicle (EV) is a vehicle that is powered by electricity and driven by an electric motor

To create an EV ecosystem in India, participation of both the established OEMs and startups is necessary. As opposed to established OEMs, the startups faced the challenge of building a supply chain.

The raw material is an input good or a resource that can be converted by manufacturing, processing, or combination into a new or finished product. The raw material is an input good used by a company to manufacture its products

The blog discusses the evolution of the buyer-supplier ecosystem in India where the automotive sector is taken as a unit of analysis. The Indian automotive ecosystem is majorly influenced by Japanese, American and German manufacturing practices and currently the ecosystem is a mixture of these practices and is still evolving

In the manufacturing and fabrication industries, robots and robotic systems have huge applications. The level of precision that can be obtained by using robotic systems in manufacturing is very high, and the same results cannot be obtained from manual operation.