Addverb Technologies, a leading automation and robotics company in India, recently inaugurated its world-class manufacturing facility “Bot-Valley” in Noida. The ₹ 75 Crore facility is set up with a vision to advance human-robot collaboration. It was inaugurated by Amitabh Kant, CEO, NITI Aayog.
Bot-valley seeks to inspire innovation and boost collaboration among the best technopreneurs of the country, stated the company. With the establishment of this facility, Addverb intends to create a self-sustaining ecosystem for the robotics industry in India and export innovative products & disruptive technology solutions to the world.
The establishment is spread across a 2.5-acre area, and has a capacity to manufacture more than 50,000 robots of varied types in a year. The facility is equipped with best-in-class electronics and mechanical machines and will lead the efforts to make India the capital of global robotics in the world. The company aims to create a place where robots create robots. The manufacturing hub will employ 450 people.
“Robotics holds huge potential in streamlining the processes across industries right from retail to healthcare and from warehousing to supply chain. 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,” said Amitabh Kant, CEO, NITI Aayog
“This facility is a benchmark to global standards and the epitome of Atmanirbhar Bharat. It will give a major push to Prime Minister Narendra Modi's mission of Make-In-India and position our country as the capital of the Global Robotics Industry,” he further added.
Sangeet Kumar, Founder and 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.”
Since its launch in 2016, Addverb Technologies has streamlined the process for many retail giants of the country through its innovative products & solutions. With its robotic facility, the company hopes to drive ‘Make In India & Make for the World‘ efforts and enable cutting edge robotics research and development.
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