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063 | The Rise of Indian Construction Robotics | From Local Startups to Global Players
About This Episode
In this episode, Patric Hellermann and Shub Bhattacharya dive into the unexpected emergence of construction robotics companies from India. They explore how these companies have evolved from struggling startups to profitable enterprises, examining the unique economic and market conditions that have created this surprising development in the global construction technology landscape.
In This Episode
Shub shares insights on how Indian construction robotics companies have transitioned from selling hardware to offering "machines as a service" or "manufacturing as a service," resulting in impressive margins of 30-50%.
Indian robotics companies are now securing international contracts, including projects in the US and Middle East, and partnerships with global technology companies like Apple.
The hosts discuss how India's cost advantages allow robotics startups to conduct more "reps" (iterations and practice) at a fraction of the cost compared to Western markets, creating a competitive edge.
Both note that the Indian construction robotics ecosystem benefits from exceptional engineering talent from institutions like IIT, combined with developing market conditions that enable companies to mature over longer timeframes.
Timestamps
(00:00) - Introduction
(01:21) - Discussion of India's parallels to China's automation journey
(02:57) - Engineering talent and market conditions in India
(06:15) - Examples of Indian robotics companies securing international projects
(07:50) - Economic analysis of Indian robotics companies
(13:08) - Impressive profit margins and bankability of these companies
(17:44) - Factors contributing to the success of Indian robotics startups
(22:15) - Cost advantages for iterative development ("reps")
(27:29) - Future outlook for Indian construction robotics
Resources or Companies Mentioned
Apple: https://www.apple.com/
Practical Nerds Website: https://practicalnerds.com/
Connect With Us
Subscribe to the Newsletter: https://www.linkedin.com/newsletters/practical-nerds-7180899738613882881/
Foundamental: https://www.foundamental.com/
Patric Hellermann: https://www.linkedin.com/in/aecvc/
Shub Bhattacharya: https://www.linkedin.com/in/shubhankar-bhattacharya-a1063a3/
#ConstructionRobotics #IndianTech #MachinesAsAService
View all episodes
By Patric HellermannAbout This Episode
In this episode, Patric Hellermann and Shub Bhattacharya dive into the unexpected emergence of construction robotics companies from India. They explore how these companies have evolved from struggling startups to profitable enterprises, examining the unique economic and market conditions that have created this surprising development in the global construction technology landscape.
In This Episode
Shub shares insights on how Indian construction robotics companies have transitioned from selling hardware to offering "machines as a service" or "manufacturing as a service," resulting in impressive margins of 30-50%.
Indian robotics companies are now securing international contracts, including projects in the US and Middle East, and partnerships with global technology companies like Apple.
The hosts discuss how India's cost advantages allow robotics startups to conduct more "reps" (iterations and practice) at a fraction of the cost compared to Western markets, creating a competitive edge.
Both note that the Indian construction robotics ecosystem benefits from exceptional engineering talent from institutions like IIT, combined with developing market conditions that enable companies to mature over longer timeframes.
Timestamps
(00:00) - Introduction
(01:21) - Discussion of India's parallels to China's automation journey
(02:57) - Engineering talent and market conditions in India
(06:15) - Examples of Indian robotics companies securing international projects
(07:50) - Economic analysis of Indian robotics companies
(13:08) - Impressive profit margins and bankability of these companies
(17:44) - Factors contributing to the success of Indian robotics startups
(22:15) - Cost advantages for iterative development ("reps")
(27:29) - Future outlook for Indian construction robotics
Resources or Companies Mentioned
Apple: https://www.apple.com/
Practical Nerds Website: https://practicalnerds.com/
Connect With Us
Subscribe to the Newsletter: https://www.linkedin.com/newsletters/practical-nerds-7180899738613882881/
Foundamental: https://www.foundamental.com/
Patric Hellermann: https://www.linkedin.com/in/aecvc/
Shub Bhattacharya: https://www.linkedin.com/in/shubhankar-bhattacharya-a1063a3/
#ConstructionRobotics #IndianTech #MachinesAsAService