Addverb Technologies to Launch First Humanoid Robot in 2025
thenewsbuzz November 19, 2024 0Mukesh Ambani-backed Addverb Technologies plans to launch its first humanoid robot in 2025. The Noida-based company targets industries like retail, fashion, and energy with its cutting-edge technology. This initiative places India on the global robotics map, challenging established players like Tesla, Boston Dynamics, and Agility Robotics.
Addverb Challenges Global Leaders
Sangeet Kumar, Addverb’s CEO, emphasized their readiness to compete with robotics giants from the United States, Europe, and China. While China supports its robotics industry with government subsidies, Addverb focuses on strategic innovation and advanced manufacturing. The company’s humanoid robots aim to simplify time-consuming tasks, offering tailored solutions for industrial and commercial needs.
Large Investments Reflect High Aspirations
Addverb has invested ₹500 crore in a world-class facility in Greater Noida to support its ambitious plans. The company expects this facility to contribute significantly to its goal of achieving ₹8,000 crore in revenue within the next five years. Sangeet Kumar believes this investment underscores Addverb’s dedication to producing globally competitive robots.
Rising Competition Spurs Innovation
Tesla plans to launch its humanoid robot, Optimus, priced between $20,000-$25,000, by 2040. Meanwhile, companies like Agility Robotics and Boston Dynamics also continue to refine their robotics technology. Addverb, however, aims to distinguish itself with precision engineering and customizable applications. Although pricing and features of its humanoid robot remain undisclosed, the company asserts its commitment to matching international standards.
Addverb Paves the Way for Indian Robotics
Addverb’s venture into humanoid robotics showcases India’s capability to innovate and compete in advanced technology. By blending bold investments with forward-thinking strategies, the company envisions carving a strong presence in the global robotics industry.
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