Addverb Technologies sets up Rs 75 cr robots manufacturing facility ‘Bot-Valley’ in Noida

Automation and robotics company Addverb Technologies, mentored by Jalaj Dani, has built its world-class manufacturing facility ‘Bot-Valley’ in the NCR town of Noida, with a vision to pioneer human-robot collaboration to touch human lives.

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 intends to create a self-sustaining ecosystem for the robotics industry in India that can also export innovative products and disruptive technology solutions to the world. NITI Aayog CEO Amitabh Kant felicitated the inaugural event as the chief guest and inaugurated Bot-Valley.

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 one-in-a-kind manufacturing hub will employ 450 workforces and provide equality and empowerment to both men and women. Established in 2016, Addverb Technologies has 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% subsidiary companies in Singapore, Australia & Netherlands.

Amitabh Kant, CEO, NITI Aayog, said, “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.”

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. 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 an 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.”