2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
5th
|
|
|
6th
|
|
|
7th
|
|
|
2nd
|
Detailed explanation-1: -India ranks fifth highest in terms of the impact from automation and ninth in terms of level preparedness, according to a research study conducted by Deloitte and commissioned by Autodesk Foundation.
Detailed explanation-2: -India is ranked 5th highest in terms of the impact from automation and 9th in terms of the level of preparedness for this impact. The findings are from ‘The Future of Work is Now: Is APAC Ready? ‘ research study by Deloitte, commissioned by Autodesk Foundation.
Detailed explanation-3: -By 2040, 63 million jobs are expected to be lost to automation, with more than 247 million jobs expected to be in jeopardy across industries that are more susceptible to automation, such as construction and agriculture, the report noted.
Detailed explanation-4: -The Indian industrial automation market was valued at USD 10.72 billion in 2021, and it is expected to reach USD 23.09 billion by 2027, at a CAGR of 14.26% over the forecast period.
Detailed explanation-5: -Competitive Advantages: consequently, due to the nature of industrial automation technology, production is continuous and operational 24*7. As a result, it is providing competitive advantages in terms of increased productivity, capacity, and process quality. While reducing task errors and the cost of downtime.