Addverb to open 2nd robotic manufacturing unit in three months

NEW DELHI : Reliance Industries Ltd-backed robotics firm Addverb Technologies will open its second manufacturing plant within the nation within the subsequent three months, co-founder Satish Shukla mentioned.

The new manufacturing unit will create greater than 3,000 jobs, together with further direct and oblique employment alternatives at venture deployment websites, Shukla added. Both the amenities are situated in Greater Noida.

The firm makes fastened and versatile industrial robots . Fixed automated robots embrace automated storage and retrieval techniques like pallet shuttles. Flexible robots embrace autonomous cellular robots and sorting robots the place one can change the configuration anytime, and no fastened infrastructure is required as within the case of fastened robots.

“We are developing with our second manufacturing facility in Greater Noida. It will probably be unfold throughout 15 acres. We will manufacture shuttle and autonomous cellular classes of robots. Production on the new facility will begin within the subsequent three months,” Shukla said.

He said the factory will be able to produce up to 60,000 robots annually but can be scaled up 6-8 times if needed. Addverb’s current factory in Greater Noida can produce up to 50,000 robots annually.

The company also plans to use the new unit to take some of the pressure off its current facility, which also serves as a software research, R&D and experience centre.

“The new facility will be dedicated to large-scale manufacturing, while the existing one will focus on specialized manufacturing,” Shukla mentioned.

In January, Reliance Industries purchased a 54% stake in Addverb for $132 million. It additionally positioned an order price $1 billion with Addverb.

These will probably be provided over a interval of 4-5 years. Shukla additionally added that the corporate is seeing quickly rising demand for robots, from e-commerce, logistics, and FMCG firms in India in addition to world markets.

“When we had raised funds from Reliance, we had deliberate to make use of it to construct a brand new manufacturing unit and develop to new markets. We have additionally opened workplaces in Europe and the US after the funding,” he said.

“Demand for robots has grown in India. We are also seeing a big demand for robots, especially in Southeast Asia, Australia, the US, and the Middle East,” Shukla added.

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