Israel and India are two countries that have been making significant strides in the field of industrial automation. Israel, known for its innovative technology sector, has been a leader in developing cutting-edge automation solutions for various industries. On the other hand, Delhi, the bustling capital of India, has emerged as a hub for industrial growth and development.
Industrial automation is revolutionizing the manufacturing sector in Israel, paving the way for greater economic welfare through increased productivity, efficiency, and competitiveness. This transformation is in line with economic welfare theory, which emphasizes the overall well-being of individuals and society as a whole.