Greater Noida-based global robotics automation company Addverb has launched its second greenfield robot manufacturing factory, Bot-Verse. The company has claimed that this new manufacturing unit will play a pivotal role to generate more than 3,000 jobs. 

Bot-Verse is Addverb’s second manufacturing unit in Noida. It has spent Rs 200 crore to develop this 6,00,000 square feet unit. 

The manufacturing unit was inaugurated by the chief minister of Uttar Pradesh, Yogi Adityanath. 

According to a report by Business Standard, the company has generated Rs 1,200 crore in revenue. It is also eying to achieve $1 billion in revenue by 2027. 

“The establishment of this plant in India will contribute to enhancing the country's robotics ecosystem, fostering innovation, and positioning India as a prominent player in the global robotics industry, driving technological advancements and economic growth. It also aligns with the Uttar Pradesh government’s vision of industrialisation-led growth,” said Jalaj Dani, chairman, Addverb. 

“This brand-new facility will establish Addverb as a global robot manufacturing giant and will also help develop a robotics ecosystem in India by delivering cutting-edge software and robust hardware systems to form a mix of innovative fixed and flexible automation solutions," added Sangeet Kumar, CEO, of Addverb.

“Since its inception, Addverb has been deeply committed to the growth of Uttar Pradesh and had operationalised its first robot manufacturing facility, Bot-Valley, in March 2021, less than 18 months from the land allotment, despite the Covid pandemic and nationwide lockdowns,” the company said in a statement,” noted the company in its statement.