Addverb Commissions ‘Bot-Verse’: Robot Manufacturing Facility in Greater Noida
Addverb Technologies, an Indian robotics and automation solutions company, commissioned its greenfield robot manufacturing facility in Greater Noida on 25th June 2023. The inauguration of this factory, named ‘Bot-Verse’, was carried out by the Chief Minister of Uttar Pradesh.
Bot-Verse to Produce 1,00,000 Robots Annually, Generate over 3,000 Jobs
‘Bot-Verse’, which is Addverb’s second robot manufacturing unit, sprawls over an area of 6 lakh sq.ft and has the capability of rolling out 1,00,000 robots per annum.
This facility, which has been built with an investment of about Rs. 200 crore, will be generating employment opportunities for over 3,000 people.
‘Bot-Verse’ to Roll-Out Robots for Warehousing Solutions
Addverb’s ‘Bot-Verse’ facility will be rolling out different classes of robots, which are targeted to offer comprehensive warehousing and storage solutions.
These include Addverb’s Robotic Sorter (Zippy), Autonomous Mobile Robot (Dynamo), Multi-Carton Picking Robot (Veloce), Pallet Shuttle (Cruiser), Carton Shuttle (Quadron), Multi-Level Shuttle (Medius), Vertical Sortation Robot (SortIE), Collaborative Robots, and Mother-Child ASRS (Multi-Pro) system. All of these robots are instrumental in operating and managing high-density storage facilities.
While commenting on the inauguration of ‘Bot-Verse’, Mr. Sangeet Kumar, CEO, of Addverb, said, “This brand-new facility will establish Addverb as a global robot manufacturing giant and will also help develop a robotics ecosystem in India by delivering cutting-edge software and robust hardware systems to form a mix of innovative fixed and flexible automation solutions”.
Key Development in India’s Robot Manufacturing Space
As per Frankfurt-headquartered International Federation of Robotics (IFR) release dated 3rd May 2023, India’s current number of deployed industrial robots across industries has been growing at an annual average of 16% since 2016. Further, from 2020 to 2021, there was a jump of 54% in the number of installed industrial robots in India to 4,945 units. The automotive, metals, plastics, and electrical sectors remain the prime areas where these robots have been deployed.
Earlier, in 2021, Addverb had operationalised its first robotics manufacturing unit in Noida which was named ‘Bot Valley’. This unit has the capacity to produce about 50,000 robots annually.
Therefore, with the launch of ‘Bot-Verse’, Addverb is poised to support not just India’s, but growing global demand for industrial robots through domestic production.
About Addverb Technologies Ltd.: Addverb Technologies was established in 2016, and is an automation solutions company. In 2022, Reliance Retail Ventures acquired 54% stake in the company with an investment of USD 132 million. Some of Addverb’s prominent clients include IndianOil, Hindustan Unilever, DHL, Asian Paints, Flipkart, Amazon, Marico, and more.