India Digital Transformation Market Size and Share Analysis - Growth, Trends, and Forecasts (2024 - 2029)

India Digital Transformation Industry Overview

India's Digital Transformation Market is fragmented due to the presence of numerous players in the country, including Accenture PLC, Google LLC (Alphabet Inc.), Siemens AG, IBM Corporation, and Microsoft Corporation, mid-sized firms, small enterprises, and start-ups. Players in the market are adopting strategies such as partnerships, mergers, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• May 2024: Universal Robots, a Danish leader in manufacturing smaller, flexible industrial cobots, unveiled 'Collaborate INDIA,' India's flagship cobot conference. Set for June 4, 2024, at The Westin Pune Koregaon Park, this event was set to define the trajectory of collaborative automation in India. In the realm of artificial intelligence (AI), Universal Robots' collaborations with industry giants like NVIDIA, Solomon, and Mech-Mind played a pivotal role in infusing advanced AI capabilities into cobots. This strategic alliance not only bolstered the cobots' functionalities but also broadened their applications, thus reshaping the automation landscape. Attendees of the conference could anticipate insightful dialogues on the intersection of AI and robotics, shedding light on their transformative impact on the manufacturing sector.
• May 2024: India Accelerator introduced a new vertical, RUMS (Robotics, Unmanned & Space), with the goal of nurturing innovation and advancement in the robotics and unmanned sector. The focus had been on extending strategic backing to startups specializing in Unmanned Aerial Systems (UAS), Counterdrone Systems, Ground Robots, and Space ventures. In its early stages, the accelerator had planned to invest a capital of 10-15 million USD in promising early-stage startups within this domain, facilitated by its partner, Finvolve.