"We think you’re going to see more localization rather than more scale. I can put up a plant, change the software and manufacture all sorts of things, not in the hundreds of millions but runs of five million or ten million units."

—BCG's Hal Sirkin on the impact of automation in emerging markets

Financial Times spoke with BCG's Hal Sirkin on the impact that automation will have on emerging economies and the increasing efficiency of robots. The article cites The Robotics Revolution: The Next Great Leap in Manufacturing, a report that found that the price of industrial robots will drop by 20% over the next decade, while their performance will improve by 5% each year.

Financial Times