Addverb Technologies Inaugurates Robots Manufacturing Facility in Noida

- Advertisement -

With the establishment of 2.5 acre Bot-Valley, Addverb aims to make India the Capital of Global Robotics in the World- a place where ‘Robots build Robots’

Addverb Technologies, an India-based automation and robotics company in India, mentored by Jalaj Dani, has inaugurated its world manufacturing facility “Bot-Valley” in Noida. The company noted that it intends to create a self-sustaining ecosystem for the Robotics industry in India that can also export innovative products & disruptive technology solutions to the world.

“The past decade witnessed precipitous changes spanning from the way of life to the technologies that emerged. We have entered a nascent paradigm shift (industry 4.0) where technology will help Addverb meet the growing needs and demand of the present business ecosystem. Robotics holds huge potential in streamlining the processes across industries right from retail to healthcare and from warehousing to supply chain,” noted Amitabh Kant, CEO, NITI Ayog. He was the chief guest at the event.

- Advertisement -

50,000 Robots every year

Spread over 2.5 acres of land, this new manufacturing unit is equipped with the electronics and mechanical machines and has a capacity to manufacture more than 50,000 Robots of varied types in a year. This one-in-a-kind manufacturing hub will employ 450 workforce and provide equality and empowerment to both men and women.

Established in 2016, Addverb Technologies have streamlined the process for many retail giants of the country through its innovative products & solutions. Not only this, just in a span of 4.5 years, Addverb Technologies established a global footprint by acquiring customers in Europe, South-East Asia & Australia and established 100 per cent subsidiary companies in Singapore, Australia & Netherlands.

Sangeet Kumar, Founder & CEO, Addverb Technologies said, “This new facility will unleash the power of India on global fronts and will strengthen the overall robotics ecosystem of the country. Even with increased demand for automation, the penetration of robotics, especially in small and medium enterprises is still low in India compared to the global average. With the establishment of this world-class facility, we will be able to project India as a R&D epicentre of the world and share knowledge and encourage Indian manufacturers to embrace our game changing technologies and become best-in-class manufacturers for local and global markets.”

“I want to congratulate Addverb Technologies for the establishment of the state-of-the-art facility and unleashing the power of India on global fronts. This facility is a benchmark to global standards and the epitome of Atmanirbhar Bharat. It will give a major push to honorable Prime Minister, Narendra Modi’s mission of Make-In-India and position our country as the capital of the global robotics industry,” added Amitabh Kant.

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Q1 2024: Memory Demand, China Shipments Lift Wafer Makers

0
The Counterpoint report concluded that despite the overall revenue decline, few factors benefited wafer fab equipment manufacturers in the first quarter of the year,...

Indian Automobile Industry Value Surges 19% In FY 2023-24

0
India's vehicle production grew by 10%, with a 19% increase in value.  The UV + SUV segment saw the highest growth, with a 23% rise...

Deadstock Or Forgotten Treasure?

0
In a world where technology is advancing at a breakneck speed, are the deadstock electronics components in your warehouse on the verge of becoming...

Buzz

Karnataka Allocates 234 Acres For Electronic Manufacturing

0
Karnataka government allocates 234 acres for electronic manufacturing cluster and semiconductor units, aiming for Rs 1000 crore investment and creating 4000 to 5000 jobs. Karnataka...

GPS Renewables Partners With IndianOil Corporation

0
The 50:50 joint venture aims to advance sustainable energy and biofuel adoption in the country. On Wednesday, government enterprise IndianOil Corporation (IOC) revealed its collaboration...

Renesas Acquires Transphorm For GAN Technology

0
Renesas acquired Transphorm Inc. for its GaN technology, expanding into markets like EVs, data centres, AI, and renewable energy. Upon completion of its acquisition,...

Important Sectors

Karnataka Allocates 234 Acres For Electronic Manufacturing

0
Karnataka government allocates 234 acres for electronic manufacturing cluster and semiconductor units, aiming for Rs 1000 crore investment and creating 4000 to 5000 jobs. Karnataka...

GPS Renewables Partners With IndianOil Corporation

0
The 50:50 joint venture aims to advance sustainable energy and biofuel adoption in the country. On Wednesday, government enterprise IndianOil Corporation (IOC) revealed its collaboration...

Renesas Acquires Transphorm For GAN Technology

0
Renesas acquired Transphorm Inc. for its GaN technology, expanding into markets like EVs, data centres, AI, and renewable energy. Upon completion of its acquisition,...

India Aims For $100 Billion Semiconductor Market

0
India embarks on a chip manufacturing journey aiming for a $100 billion semiconductor market by 2030; the IESA advocates using 28 nm chips for...

Hyundai Flags Government Policies Before $325M IPO 

0
The Korean tech manufacturer raised concerns about localisation rules like PLI for automotive technology ahead of its million-dollar initial public offering.  Before its million-dollar IPO,...

Manufacturing

Deadstock Or Forgotten Treasure?

0
In a world where technology is advancing at a breakneck speed, are the deadstock electronics components in your warehouse on the verge of becoming...

Honeywell Creates AI Software For Gigafactory Efficiency

0
Honeywell anticipates that its new battery manufacturing excellence platform will lower the costs of cell production, speed up the ramp-up cycles, and decrease material...

Raju B Ketkale Named CEO Of Lumax Industries

0
He takes over from Vishnu Johri, who is stepping down for personal reasons. Lumax Industries Limited, a Tier-1 automotive lighting system and component manufacturer within...

Schaeffler And Symbio JV Innoplate Starts Fuel Cell Plate Production

0
Starting with an initial production capacity of 4 million bipolar plates, the Innoplate joint venture is projected to achieve an annual output of 50...

Tesla Pushes Suppliers To Source Parts Beyond Taiwan And China

0
China and Taiwan are major global producers of essential electronics parts and components. Tesla has requested that its suppliers move the production of components and...