Addverb’s mega robot-making unit in UP touted to power 3,000 jobs
Addverb, a global robotics and automation company, on Sunday launched its second greenfield robotics factory known as Bot-Verse, which is spread over 15 acres in Greater Noida, Uttar Pradesh. The company claims that the factory will create more than 3,000 highly skilled jobs for the country’s youth.
Built at a cost of Rs 200 crore, the unit is Addverb’s second plant in Uttar Pradesh, which was constructed within three years of the first plant. Addverb also recently opened a software development center in Noida, which provides value-added software for warehouse robots and material handling solutions to global clients.
Bot-Verse spans an area of 600,000 square feet and has a manufacturing capacity of 100,000 bots per year in different specifications and categories. According to the company, this is a unit “where robots make robots.”
“The establishment of this plant in India will contribute to strengthening the robotics ecosystem in the country, fostering innovation, positioning India as a prominent player in the global robotics industry, and driving technological advancement and economic growth. It is also in line with the vision of the Government of Addverb Uttar Pradesh for manufacturing-led growth.
“This brand-new facility will establish Addverb as a global robotics giant and also help develop a robotics ecosystem in India by offering cutting-edge software and robust hardware systems to form a mix of innovative static and flexible automation solutions,” said Sangeet. Kumar, CEO, Addverb.
He added that Bot-Verse is India’s “one-of-a-kind” mobile robot manufacturing facility that aims to meet the global demand for robots and will help the company expand its presence in Australia, Singapore, Dubai, the US and Europe.
The factory was inaugurated by the Chief Minister of Uttar Pradesh, Yogi Adityanath. “Since its inception, Addverb has been firmly committed to the growth of Uttar Pradesh and commissioned its first robotics manufacturing facility, Bot-Valley, in March 2021, less than 18 months after land allocation, despite the Covid pandemic and nationwide lockdowns,” the company said in a statement. statement.
ADVERB said it has generated revenues of over Rs 1,200 crore since its inception in 2016 and aims to become a multi-billion dollar revenue company by 2027, contributing to the goal of making the economy reach Rs 1 trillion. Addverb will soon implement the second phase and contribute more to the vision.