Thus, several warehouse and logistics operations are predicted to be totally automated by 2030. Human errors are eliminated, and revenues have the potential to expand with the usage of AI. Automated warehousing is now being used by businesses to keep up with consumer requests and speed up shipping. It is the future of the market, with a wide range of industries embracing it for a variety of reasons, including cost savings, inventory adaptability, and real-time control. Automation is enabling smart warehousing, which provides clients with higher efficiency by exploiting these modern logistics centers. The power of AI is fundamentally improving critical operations ranging from supply management to storage efficiency.
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The Indian Warehouse Automation Market is expected to develop at a 26.4% CAGR during 2021-2026, from US$ 86.2 million in 2020 to US$ 512.2 million in 2026.Īrtificial intelligence is changing the technological paradigm in the warehousing business.India is expected to attract US$ 10 billion in storage and logistics investment in the next few years, fuelling demand for smart assets.
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From increased warehouse throughput to better resource utilization, reduced labor and operational costs to improved customer service, reduced handling and storage costs & minimized errors, smart warehousing provides benefits galore to those who catch the bus in time.