MM Forgings plans to deploy 100-150 robots to combat manpower shortages and rising labor costs in the manufacturing sector.
MM Forgings, an auto component manufacturer, plans to deploy 100-150 robots across its facilities to combat rising labour costs and manpower shortages.
City-based M M Forgings Ltd plans a capital expenditure of about Rs160-200 crore next fiscal and also deploy about 100-150 robots at its factory to cut down on the costs, said a top company official.
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