Enormous opportunities lie in the path of the material handling sector which is currently at a market valuation of $30 Billion. It is growing at a CAGR of 6.6 percent and India happens to have a $1 Billion market of it. Majorly implemented in the manufacturing industry, automobile, pharmaceutical, textile and warehousing industry among several others, material handling stands among one of the major aspects for procurement and delivery of a product. The integration of mobile robotics into this sector has been one of the major innovations of science in the 21st century. Rucha Yantra is emerging as a trusted name in mobile robotics for the material handling sector. Based out of Maharashtra, they are not too old in the market but with revolutionary technology, they want to become the only choice in the material handling sector that uses advanced technologies related to mobile robotics. Their products RAGHAV, VAMEN and SAEVK are gaining trust and sustainability in this market.
“There are not many native players in this domain which gives us the advantage of starting early. But we do have MNCs that provide material handling services in India through channel partners. In most of the cases, it is seen that after sales becomes a
terrible affair for these MNCs. We want to strike that gap and fill it. Being a native company, we are always able to comply with client’s requirement within a span of 24 hours,” states Rohit Dashrathi, Managing Director, Rucha Yantra. The idea of increased productivity with less manpower has already stuck the world through automation. With mobile and aerial robotics, the ecosystem of material handling is on the verge of seeing a new sunrise.
Understanding of the Industry
Expertise in the niche has motivated this company to deliver class to its clients. It seems that the Yantra has detected the challenges faced by clients in this industry and is accordingly acting to make the perfect solution. Affordability becomes one of the main quotients for Indian companies while availing material handling products and services.
We are trying to build in-house solutions for Indian companies so that the products could be availed by them at a much lower cost.
Rohit is of the opinion that the high cost that is incurred from availing products and services from MNCs is often a subject of query. “We are trying to build in-house solutions for Indian companies so that the products could be availed by them at a much lower cost. Moreover, we have also planned to rent out technology to save the annual cost incurred to avail material handling services,” he says.
Rucha Yantra aspires to become the globally accepted Indian brand for mobile robotics in the material handling sector. It has already grabbed a few clients abroad and plans to cater to more along with innovation. It wants to expand its services to other sectors like textile, pharmaceutical, warehousing and waste management among few others. The company has achieved total revenue of 7.5 Crore until now and hopes to grow at a rate of 30 percent for the coming two years. Speaking about the future of the company, Rohit concludes, “We want to also expand to the sector of aerial robotics but channelized to the material handling sector and become a 200 Crore company by the end of 2025.”
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