Addverb Technologies has inaugurated its Rs 75 Crore robot manufacturing facility, Bot-Valley, in Noida
Addverb Technologies, one of India’s biggest automation and robotics companies, has been inaugurated its world class robot manufacturing facility, Bot-Valley, in Noida. Constructed at a cost of Rs 75 Crore, the Bot-Valley is a creative workplace that inspires innovation and boosts collaboration among the best technopreneurs of the country. With the establishment of this facility, Addverb Technologies 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. Amitabh Kant, CEO, NITI Ayog, has facilitated the event as the chief guest and inaugurated Bot-Valley.
“The past decade witnessed precipitous changes spanning from the way of life to the technologies that emerged. We’ve 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”, said Amitabh Kant, CEO, NITI Ayog.
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”.
He further added, “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”.
Spread over 2.5 acres of land, this new manufacturing unit is equipped with the best-in-class electronics and mechanical machines and has a capacity to manufacture more than 50,000 Robots of varied types in a year. This 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. 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 percent subsidiary companies in Singapore, Australia & Netherlands.
Qaisar
