Craftsman Automation Limited
Craftsman Automation is a publicly listed Indian precision manufacturer founded 1986 in Coimbatore, supplying automotive powertrain and aluminium components.
Craftsman Automation Limited is a vertically integrated precision engineering company headquartered in Coimbatore, Tamil Nadu, India, founded in 1986. Listed on the BSE and NSE in March 2021, the company operates across three business segments: Automotive Powertrain and Other Products, Automotive Aluminium Products, and Industrial and Engineering Products. Automotive segments supply critical machined engine and transmission components for medium and heavy commercial vehicles and tractors, primarily as a Tier-1 or Tier-2 supplier to global OEMs.
Aluminium operations cover high-pressure die casting and machining. The industrial segment includes gear and gearbox manufacturing, material handling systems, special-purpose machines, mould base and toolroom products, sheet metal fabrication, and automated storage solutions. The company operates 12 manufacturing plants including 10 satellite units across India, equipped with over 500 CNC machine tools and 30 CMMs.
Certifications include IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and CE.
Primary type & automation activities this supplier delivers:
Automotive Powertrain Machined Components
Precision CNC-machined engine and transmission components for M&HCV and tractor OEMs, produced across 12 plants in India.
Automated Storage Solutions
Vertical carousel and automated storage and retrieval systems (AS/RS) for industrial warehousing, manufactured by Craftsman Automation in India.
Contact Craftsman Automation Limited
WEBSITE
https://www.craftsmanautomation.comPHONE
-7165331HEADQUARTERS
India
Company Facts
Founded
1986
Primary Role
Manufacturer
Company Size
-
Primary Region
Asia-Pacific
Annual Sales
-
Funding Stage
-
Funding Total
-
Certifications & Memberships
AI Enhancements in Robotics: Balancing Power and Risks 25 Years After 9/11
The integration of AI in robotics has significantly enhanced surveillance capabilities, raising concerns about potential risks. Experts warn that the rapid development of AI technologies, particularly in industrial robots and drones, could lead to misuse in sensitive applications, such as monitoring and security. As companies race to innovate, the implications for privacy and ethical considerations become increasingly critical. The advancements in robotics, including the MOFU's adjustable height and AEON's task validation, demonstrate the potential for improved efficiency and precision in industrial settings. However, the unchecked corporate competition in AI development poses unprecedented risks to society, as highlighted by researchers. The ability of systems like UnifoLM-X2-1.0 to predict and adapt in real-time further emphasizes the need for responsible deployment of these technologies. Looking ahead, the industry must address the ethical implications of AI in robotics, particularly in surveillance applications. With over 80 percent of production processes automated, the focus will be on ensuring that these technologies are used responsibly. No further timeline was disclosed at the time of publication.
AI and Robotics
Maven Robotics Secures $100 Million Series A Funding for Industrial Robotics Development
Maven Robotics has successfully raised $100 million in Series A funding to enhance its industrial robotics platform aimed at logistics and manufacturing. The funding round included participation from RoboStrategy, LocalGlobe, Vine Ventures, and XTX Ventures. Maven is focused on developing a general-purpose robotics system that will expand its applications beyond palletizing and tote handling into more complex material handling and assembly tasks. This funding is particularly significant as it addresses the growing U.S. labor shortages in industrial sectors. Maven's platform integrates hardware, software, and AI, allowing for reliable operation across multiple shifts. The company has already deployed its robots with a Fortune 250 consumer packaged goods company, where they are expected to achieve over 100,000 hours of autonomous operation by the end of 2026. Looking ahead, Maven Robotics aims to surpass 1 million hours of autonomous operation by the end of 2027. The company is entering a robust market, with over $18.8 billion in global venture capital investment in robotics reported in the first half of 2026. This positions Maven to capitalize on the increasing demand for intelligent industrial automation solutions.
AI AI Funding & Investment Robotics funding industrial robotics LocalGlobe
Maven Robotics Secures $100 Million Series A for Innovative General-Purpose Industrial Robotics System
Maven Robotics, an intelligent industrial robotics company, has announced the completion of a $100 million Series A funding round. This funding was secured from notable investors including RoboStrategy, LocalGlobe, Vine Ventures, and XTX Ventures. The company aims to revolutionize material handling and assembly tasks with its innovative robotics solutions. The significance of this funding lies in Maven Robotics' ambition to achieve 1 million hours of autonomous real-world operations. As the creator of the world's first general-purpose robotics system for industrial work, Maven is poised to make a substantial impact on logistics and manufacturing sectors. This investment will support the development and deployment of their intelligent robotics technology. Looking ahead, industry observers should monitor Maven Robotics' progress in scaling its operations and the adoption of its robotics systems in various industrial applications. No further timeline was disclosed at the time of publication.
Vention Launches Montreal AI Lab to Enhance Industrial Robotics Capabilities
Vention has inaugurated a physical AI research lab in Montreal aimed at advancing robotic manipulation for manufacturing applications. The lab, directed by Jimmy Li and advised by Joelle Pineau, will leverage industrial data and customer insights to develop scalable robotic systems. With a focus on real-world production challenges, the lab aims to create technologies that enhance reliability and reduce costs in automation. This initiative is significant as Vention's physical AI segment has seen a remarkable 400% revenue increase over the past year, indicating a growing demand for advanced automation solutions. The lab's unique approach integrates academic research with practical production feedback, allowing for rapid development and testing of new robotic systems. This model positions Vention to address complex manufacturing tasks that have traditionally been difficult to automate. Looking ahead, Vention's Montreal lab is expected to expand its team and generate new intellectual property. The company plans to release a public software development kit for its GRIIP manipulation pipeline, which breaks down robotic tasks into manageable stages. No further timeline was disclosed at the time of publication.
AI AI Funding & Investment Robotics Canada.Montreal computer vision industrial robotics
Xpeng Motors Launches Automated Production Line for Humanoid Robot IRON in Guangzhou
In September 2026, Xpeng Motors officially launched the automated production line for its humanoid robot IRON in Guangzhou, aiming for mass production by the end of the year. This initiative signifies the transfer of quality management systems from automotive manufacturing to the robotics sector, as stated by Xpeng CEO He Xiaopeng during the launch ceremony. This move is part of a broader trend, with over 140 humanoid robot manufacturers in China, which released more than 330 humanoid robot products in the past year. According to Omdia, Chinese companies accounted for nearly 80% of the global humanoid robot shipment volume in 2025, with ZhiYuan Robotics leading in deliveries. The rapid integration of advanced algorithms into hardware by Chinese manufacturers has given them a competitive edge in this emerging market. Despite the excitement, concerns remain about the sustainability of the industry, as many companies are startups focusing on basic functionalities. The launch of Xpeng's production line may serve as a model for integrating established automotive manufacturing practices into robotics, but significant challenges remain before achieving true commercial viability in the humanoid robot sector.
Humanoid Robots Robot Manufacturing Automation AI Industrial Robotics
U.S. Robotics Sector Seeks National Strategy for Innovation and Manufacturing
U.S. robotics researchers and industry leaders are advocating for a cohesive national strategy to enhance basic research and boost domestic production of robots. Recent advancements, such as Boston Dynamics' Atlas performing complex movements, underscore the U.S.'s role as a leader in technological innovation. However, critics warn that without a focus on manufacturing robotic hardware domestically, the U.S. risks losing economic benefits from its innovations. The U.S. has historically relied on a free-market approach to drive technological advancements, significantly contributing to its GDP and leadership in artificial intelligence. The Department of Defense has emerged as a key player in funding robotics, with a proposed $13.4 billion budget for autonomous systems in 2026, reflecting the growing importance of robotics in military applications. Despite these investments, the U.S. faces challenges in competing in physical manufacturing, which requires substantial capital and long-term commitment. As the U.S. ranks third in industrial robotics consumption, the reliance on foreign imports for manufacturing poses a risk to national security. The lack of domestic infrastructure for robotic production contrasts sharply with countries like Japan, which has a minimal dependency on imports. Moving forward, the U.S. must address these vulnerabilities to maintain its competitive edge in the global robotics landscape. No further timeline was disclosed at the time of publication.
Vention Launches Leading Physical AI Lab in Montreal for Industrial Robotics Advancement
Vention has inaugurated Canada's premier Physical AI and industrial robotics lab in Montreal, aimed at enhancing robotic manipulation through the integration of advanced AI research into scalable manufacturing solutions. This initiative is significant as it focuses on applied manufacturing use cases, industrial data collection, and the development of post-training foundation models for robotics, leveraging existing intellectual property while generating new innovations. Looking ahead, stakeholders should monitor the lab's progress in bridging AI research with practical manufacturing applications. No further timeline was disclosed at the time of publication.
Power Shift in the Global Robotics Industry as Traditional Leaders Face Challenges
In 2026, a significant power shift is occurring within the global robotics industry, particularly impacting the Chinese market. The four major foreign companies, Fanuc, Yaskawa, ABB, and KUKA, known as the 'Four Families,' are experiencing unprecedented challenges, while domestic brands have gained a market share exceeding 55% in industrial robotics. Fanuc's share has dropped to 9%, highlighting a dramatic change in the competitive landscape. This shift is crucial as it marks the decline of established players who once dominated over 60% of the Chinese industrial robotics market. The rise of domestic brands, particularly in collaborative and welding robots, indicates a growing trend towards local innovation and manufacturing capabilities. ABB's strategic retreat, including the planned sale of its robotics business, underscores the urgency of this transformation. Looking ahead, the robotics industry is witnessing the emergence of new players and innovative technologies. Companies like Tianji Intelligent and Yushu Technology are making strides in capital markets, while cross-industry giants like Xiaomi and Midea are integrating robotics into their operations. The ongoing power transfer suggests that the industry is entering a new phase, with the balance of power shifting towards domestic manufacturers and innovators.
Industrial Robots Vacuum Robots Automation Chinese Robotics Market
Palladyne AI and Fanuc America Collaborate on AI-Enhanced Robotics for Industry
Palladyne AI and Fanuc America have established a strategic partnership to advance AI-driven robotic automation tailored for manufacturing, warehousing, and logistics sectors. This collaboration aims to integrate Fanuc's industrial robots with Palladyne IQ, focusing on enhancing motion planning, adaptive behavior, and human-assisted learning capabilities. The significance of this partnership lies in addressing challenges faced by manufacturers and logistics operators, such as skilled labor shortages and the need for increased productivity. By combining their technologies, the companies aim to create more adaptable robotic systems that can efficiently respond to dynamic environments, ultimately streamlining deployment processes across various operations. Looking ahead, the collaboration will also emphasize joint customer validation and the development of standardized deployment workflows, which are expected to simplify the introduction of robotic automation. No further timeline was disclosed at the time of publication.
AI AI Funding & Investment Capital Markets Robotics automation Fanuc
Palladyne AI and FANUC America Form Strategic Partnership to Enhance Robotic Automation
Palladyne AI and FANUC America have announced a strategic collaboration aimed at advancing intelligent robotic automation. This partnership will integrate FANUC America's extensive industrial robot portfolio with Palladyne AI's innovative physical AI software platform. The collaboration is significant as it seeks to simplify the deployment of robotic systems, enhance their adaptability, and broaden the scope of automation across various sectors, including manufacturing, warehousing, and logistics. By leveraging both companies' strengths, the partnership aims to address the growing demand for efficient automation solutions. Looking ahead, industry stakeholders should monitor the developments from this collaboration, particularly how the integration of AI with robotics will impact operational efficiencies in the targeted sectors. No further timeline was disclosed at the time of publication.
China’s Dexterous Hand Industry, 2026 Part 3 — The Players
Five vendor archetypes, MIR’s composite top ten, eight company profiles and six field deployments — every firm linked to the RobotToday supplier directory.
China’s Dexterous Hand Industry, 2026 Part 1 — The Demand Picture
MIR Databank puts China dexterous hand shipments above 30,000 units in 2026, yet only 3.5% of 2025 demand came from factory production. Part 1 of 3.
WRC 2026 Core Components: 137 Robot Parts Suppliers
The third report in the WRC 2026 series. Report 1 mapped all 248 exhibitors by category and Report 2 covered the 139 that build finished robots. This one covers the 137 that build what goes inside them.
WRC 2026 Exhibitor Map: 248 Robotics Companies Mapped
We classified 248 WRC 2026 exhibitors with the RobotToday taxonomy. Motion & Actuation leads at 75 companies, Humanoid at 72, and compute stays thin at 12. (Modified 2026-08-27)
Introduction to Robotics J. J. Craig — RSF Top 10 Robot Education Textbooks · No. 6
Six of ten benchmark universities teach kinematics from Craig. Frames, transforms and D-H parameters: the language vendor manuals already speak.
Mechatronics W. Bolton — RSF Top 10 Robot Education Textbooks · No. 1
Bolton's Mechatronics ranks No.1 for robot service engineers: encoders, drives, sensors and the Layer 2 faults most textbooks skip. Difficulty 2/5.
Pittsburgh Regional Alliance Convenes Nine CMU-Rooted Robotics Firms at Automate 2026
At Automate 2026, the Pittsburgh Regional Alliance convened nine robotics firms — most spun out of Carnegie Mellon — spanning materials, perception and AMRs.
CONSTRUCTION ROBOTICS | BUSINESS MODELS & INVESTMENT LANDSCAPE
Construction robotics attracted $4.4 billion in built environment tech funding through Q3 2025. SoftBank acquired ABB Robotics for $5.375 billion. RaaS is displacing capex models. AI-native platforms command 39x revenue multiples. This is where money meets machines.
U.S. Moves to Ban Chinese Robots: Supply Chain Shock or Strategic Decoupling?
A bipartisan U.S. bill targets Chinese humanoid and autonomous robots in federal procurement. We analyse the supply chain, investor, and geopolitical implications for both China and U.S. robotics markets.
RobotToday Weekly Industry Briefing: March 23 – March 27, 2026
RobotToday's weekly industry briefing for March 21–28, 2026 covers Physical Intelligence's $1B raise, Amazon's Fauna Robotics acquisition, Agile Robots' DeepMind partnership, the launch of Europe's first robotaxi service, DJI's Avata 360 drone, Skydio's $52M Army order, and the latest in humanoid, AMR, and drone technology.
