Automation and robotics firm Addverb Technologies has inaugurated its Rs 75 crore robot manufacturing facility in Noida, Uttar Pradesh, that will create employment to 450 people.
The facility called Bot Valley has a capacity to manufacture more than 50,000 robots of varied types in a year.
The 2.5-acre manufacturing unit will employ 450 people, housing cutting-edge robotics and digitalisation technologies to enable rapid innovation, adaption, optimization and agile delivery of made-to-order robotics, said Sangeet Kumar, founder and CEO of Addverb Technologies.
Addverb Technologies has streamlined the process for many retail giants of the country through its innovative products and solutions.
Addverb Technologies has established a global footprint by acquiring customers in Europe, South-East Asia and Australia, and established 100 per cent subsidiary companies in Singapore, Australia and The Netherlands.