Addverb has announced that we are establishing a manufacturing plant in Noida after getting $132 million in funding from Reliance Industries. With this facility, Addverb seeks to disrupt manufacturing technology in India by employing highly innovative production techniques in which “Human-Robot Collaboration” the robots of tomorrow.
The new plant, which covers an area of 60,000 square meters, will provide highly skilled job opportunities as well as direct and indirect employment for over 3,000 people. This facility will be able to produce up to 60,000 robots per year.
Sangeet Kumar, the CEO, said that “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.”