• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, February 15, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Technology

Addverb Gets $1billion Robot Order From Reliance Industries

by Economy India
May 1, 2023
Reading Time: 1 min read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

According to a report as Newly-acquired Addverb Technologies has received orders worth around $1 billion, spread over four to five years, from Mukesh Ambani-led Reliance Industries for robots with 5G technology.

Reliance Retail picked up a majority stake in the Noida-based robotics startup for $132 million last month.

ADVERTISEMENT

The startup is an intra-logistics automation solution provider. It builds robotics and automation solutions for factories and warehouses, the report said.

The robots will be deployed in Reliance Industries (RIL’s) Jamnagar refinery, a TOI report quoting sources said. They can be operated out of Mumbai, which will allow RIL to experiment with 5G tech.

Addverb said that a tagging inventory consisting of a fleet of Dynamo 200 bots is being used for intra-logistics operations inside the plant at Jamnagar. The bots are virtually connected through a 5G network and is controlled through Legion, its fleet management system hosted over the remote server located in Ahmedabad, the report said.

In addition, a fleet of Dynamo series of bots with one ton payload capacity, virtually connected over the 5G network, have been used for bagging line automation, where they fetch the pallets of refinery bags. (Economic Times)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: 5G TechnologyAddverb TechnologiesMukesh AmbaniReliance Industries
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Chhattisgarh Launches Its First Space Centre, Signals Major Push Towards a Knowledge-Driven Economy
Technology

Chhattisgarh Launches Its First Space Centre, Signals Major Push Towards a Knowledge-Driven Economy

February 3, 2026
Data Centre Sector in India Expected to Attract Over $200 Billion Investment: Ashwini Vaishnaw
Technology

Data Centre Sector in India Expected to Attract Over $200 Billion Investment: Ashwini Vaishnaw

February 1, 2026
HFCL Begins Largest Deployment of Indigenously Made Network Routers for BharatNet
Technology

HFCL Begins Largest Deployment of Indigenously Made Network Routers for BharatNet

January 27, 2026
India’s $75 Billion Mobile Manufacturing Moment: How Smartphones Are Powering the Country’s Electronics-Led Growth Story
Technology

India’s $75 Billion Mobile Manufacturing Moment: How Smartphones Are Powering the Country’s Electronics-Led Growth Story

January 13, 2026
AI
Technology

Why Entity Building Is Becoming Essential for AI Visibility

January 7, 2026
PM Modi to Inaugurate India AI Impact Summit 2026; Global Tech Leaders, CEOs and Heads of State to Attend
Technology

PM Modi to Inaugurate India AI Impact Summit 2026; Global Tech Leaders, CEOs and Heads of State to Attend

December 29, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

RBI’s Dovish Inflation View Pushes Back India Tightening Calls

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Cabinet Clears ₹10,000 Crore Startup India Fund of Funds 2.0 to Boost Venture Capital Ecosystem

Govt. Cheating Cotton Farmers, Textile Exporters Over India–US Trade Deal: Rahul Gandhi

ULI India Annual Conference 2026 to Bring Global Urban Leadership to Mumbai for Dialogue on the Future of Indian Cities

भारत बंद का असर: बैंकिंग सेवाएं प्रभावित होने की आशंका, 5-डे वर्क वीक की मांग पर हड़ताल

Indian National Pleads Guilty in US Murder-for-Hire Case Involving Sikh Extremist

Ixigo Acquires Majority Stake in Spain’s Trenes for ₹125 Crore, Marks First Major Global Expansion

PM Witnesses Special IAF Aerial Show at Emergency Landing Facility in Assam

India Contributes 16% to Global Growth, Emerging as New Engine of World Economy: PM Modi

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved