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Government Unveils Robotics Plan to Boost Industry Growth

by Daisy D.
05/28/2024
in Automation & Robotics, Industry

The government has revealed plans to invest from various funds, including the National Reconstruction Fund, the Industry Growth Program, and a clean energy fund, to stimulate the growth of a local robotics and automation industry. The aim is to position Australia as a competitor to countries like Germany and Japan in this sector.

Science and Industry Minister Ed Husic announced the long-awaited National Robotics Strategy during the inaugural The Australian Financial Review Artificial Intelligence Summit in Sydney. According to Mr. Husic, Australia needs to step up its game in developing automation capabilities for both domestic use and export, aligning with the Future Made in Australia policies.

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Highlighting the significance of the moment, Mr. Husic emphasized that advancements in AI and robotics are creating more adaptable and autonomous systems. He stressed the importance of Australia’s role in embracing this technological wave to enhance productivity and create secure, well-paying jobs.

Acknowledging the impact robotics has already had in industries like mining and agriculture, Mr. Husic underscored the need for Australia to catch up in adopting robotics and supporting local scientific endeavors.

The slow adoption of robotics in Australia, despite strong research capabilities, reflects a broader issue that Mr. Husic believes needs addressing. He pointed out that while the country ranks highly in robotics research at universities, its adoption rate is comparatively low, indicating a need for a shift in mindset.

Mr. Husic also highlighted the decline of manufacturing assets in Australia, outpacing necessary investment for replenishment. The average age of manufacturing assets has increased over the last decade, indicating a need for renewed investment and focus in this area.

Preparation for the National Robotics Strategy began in 2022, prompted by a realization of the lack of a cohesive national plan. The strategy’s advisory committee, chaired by CSIRO chief scientist Bronwyn Fox, comprises local experts from various fields, aiming to steer Australia towards a more competitive position in robotics.

Drawing inspiration from countries like Germany and Japan, Mr. Husic emphasized the potential for Australian-made automated technologies to compete on the global stage. He cited examples like Advanced Navigation, a local company making significant strides in robotics and automation.

While no additional funding is allocated specifically for the National Robotics Strategy, Mr. Husic stated that existing funds from programs like the NRF, Industry Growth Program, and clean energy initiatives will be leveraged to support robotics initiatives.

In conclusion, Mr. Husic reiterated the importance of scaling up robotics businesses in Australia to address key national challenges across various sectors, from medical manufacturing to renewable energy technologies.

Your source for supply chain report news updates: The Supply Chain Report. For international trade insights and tools, head to ADAMftd.com.

#IndustryGrowthInitiative #RoboticsRevolution #FutureofAutomation #SupplyChainNews

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