MUMBAI: Pune-based automation options supplier ARAPL mentioned its subsidiary ARAPL RaaS has commenced deliveries of autonomous electrical automobiles (AEVs) to warehousing shoppers within the US. The transfer positions the corporate to capitalise on the quickly rising USD 300-billion warehousing automation market of the US, mentioned Reasonably priced Robotic and Automation Ltd (ARAPL).
With an preliminary order ebook of USD 4 million, ARAPL RaaS is poised to seize a considerable share of this profitable sector, it mentioned, including the corporate anticipates the US market will contribute a good portion of its income by the tip of the present fiscal 12 months.
The corporate mentioned, additionally it is actively exploring alternatives in European markets, additional solidifying its world footprint.
“US is among the many high three warehousing automation markets and probably the most aggressive globally. Placing our merchandise on the bottom here’s a testomony to our R&D, system-reliable know-how, and talent to ship high quality effectively,” mentioned Milind Padole, Managing Director at ARAPL.
ARAPL is the nation’s solely listed robotics and automation firm, providing various options for home and worldwide markets, together with automotive project-based line constructing, automated multilevel automotive parking methods, and warehousing automation options.
“We’re the one Indian firm on this product house by our devoted efforts on ARAPL RaaS, our subsidiary. We envision US markets to account for important income by this 12 months,” added Milind.
A pioneer within the improvement of driverless electrical forklifts and pallet jacks, ARAPL RaaS is aiming to revolutionize automation and increase its attain to worldwide markets, the corporate mentioned.