Addverb to open robot manufacturing plant in Noida
Addverb Technologies is setting up a new manufacturing facility in Noida, after having received $132 million funding from Reliance Industries, the company said.
With this facility, Addverb aims to bring up enhanced “manufacturing technology in India through highly innovative manufacturing practices wherein robots and co-bots will collaborate with humans to deliver the robots of tomorrow.”
According to Addverb, the new plant will be housed in 60,000 square meters and will create highly skilled job opportunities and lead to direct and indirect employment for over 3,000 people. This facility will be able to manufacture up to 60,000 robots per year of different specifications and categories namely Autonomous Mobile Robot (Dynamo), Sorting Robot (Zippy), Multi-Carton Picking Mobile Robot (Veloce), Carton Shuttle (Quadron), Pallet Shuttle (Cruiser), Stacker Crane and Mother Child ASRS (Multi-Pro) system.
The factory will be designed in a highly flexible way where the manufacturing capacity can be scaled up to 10 times in order to manufacture only a particular type of robot. This will complement Bot-Valley, Addverb’s existing assembly manufacturing facility based out of Noida, the company said.
Also read: Reliance pushes for greater automation in warehouses by acquiring Addverb
Equipped with the latest technologies and machineries, the establishment of this plant will strengthen the overall robotics ecosystem of the country and will turn Addverb into a key player of the robotics industry globally.
“This brand-new facility will make Addverb a giant robot manufacturer on global fronts, by delivering cutting edge software and robust hardware systems, along with a mix of innovative fixed and flexible automation solutions,” said Sangeet Kumar, Founder and CEO, Addverb Technologies.
“The capacity expansion move has been driven by an increase in demand for automation across the globe in multiple sectors. In the post-Covid era, companies are opting for factory and warehouse automation to meet the changing demand patterns and create more reliability and flexibility,” stated a statement.
Addverb has provided warehouse automation solutions to different customers across FMCG, Grocery, Apparel, Petrochemicals, Pharma, Automotive etc.