Indian Branded Fabric RAYMOND to Replace 10K Workers with Robots

Fabric gaint, Raymond is planning to cut close to 10,000 jobs across its 16 manufacturing units across the Country in the coming years.

Reason Behind that is the Company is planning to replace man power with technology.

Raymond CEO Sanjay Behl in his recent interview stated that one robot is equal to 100 workers. As it is already implemented in China, it will also happen in India.