Chennai-based Shriram Properties uses Indian startup robots for painting
Shriram Properties, a Chennai-based real estate developer, is now using robots from Indian startups for painting buildings and is exploring robotic solutions for tiling too.
The move comes as the company faces major labor shortages in some parts of Tamil Nadu and North India.
Murali Malayappan, Chairman and Managing Director, Shriram Properties, admits the upfront cost of robotics is high but believes it pays off when used across many projects, saying, "Although robots require higher upfront capital expenditure, the economics become more viable when the equipment is deployed across multiple projects and the investment is recovered over a longer period."
Shriram Properties estimates tile costs 8%-10%
Shriram Properties has estimated an 8% to 10% increase in construction costs, for tiles, thanks to global tensions.
Shriram Properties is using robots in a small way. Startups like Vividobots are working on robotic plastering to cut down on both expenses and manual work.
Meanwhile, CREDAI Chennai Youth Wing plans a trip to China to see how robotization could shape the future of building here.