India has made significant strides in the evolution of its manufacturing facilities, moving from traditional godowns to cutting-edge automation-assisted warehouses. These warehouses are now an integral part of the business infrastructure and play a crucial role in the global supply chain. As of 2021, India's warehousing market was valued at Rs 1,206.03 billion, and it is projected to reach Rs 2,872.10 billion by 2027, with a CAGR of approximately 15.64% during 2022-2027. The rapid expansion of growing industries like chemical, solar, and pharmaceutical combined with the pandemic-induced E-commerce boom gave a major push to the warehousing industry to streamline and automate their operations.
Addverb, a leading global robotics and automation company, offers a comprehensive product portfolio that includes Mobile Robots, ASRS, Picking Technologies, and Warehouse Management Software. Addverb delivers end-to-end warehouse automation solutions, combining fixed and flexible automation for companies from different sectors, and has worked with 300 clients globally including some of the Fortune 500 companies.
Addverb designs and manufactures its hardware and develops its software to allow multiple configurations in its products and solutions. Addverb with its global presence, especially in the European and American markets, is well-prepared to meet the growing demand.