• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Saturday, August 23, 2025
  • 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
fkcci fkcci fkcci
ADVERTISEMENT

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)

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

Tesla Launches India’s First Supercharging Station in Mumbai’s BKC
Technology

Tesla Launches India’s First Supercharging Station in Mumbai’s BKC

August 4, 2025
TRAI’s Amritsar Network Audit Reveals 5G Speeds, Call Quality Performance of Telcos
Technology

TRAI’s Amritsar Network Audit Reveals 5G Speeds, Call Quality Performance of Telcos

August 4, 2025
📡 BSNL to Install 4,000 Mobile Towers in Naxal-Hit Areas of Chhattisgarh
Technology

📡 BSNL to Install 4,000 Mobile Towers in Naxal-Hit Areas of Chhattisgarh

July 28, 2025
India’s Fiber Revolution: 600,000 Villages to Get High-Speed Broadband
Technology

India’s Fiber Revolution: 600,000 Villages to Get High-Speed Broadband

July 14, 2025
Vande Bharat Sleeper Coaches
Technology

RVNL Opens New Factory in Maharashtra to Manufacture Vande Bharat Sleeper Coaches

September 6, 2024
India Bio-Energy and Technology Exhibition 2024: Unveiling India’s Bio-Energy Achievements
Technology

India Bio-Energy and Technology Exhibition 2024: Unveiling India’s Bio-Energy Achievements

September 3, 2024
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

RBI’s Dovish Inflation View Pushes Back India Tightening Calls

FKCCI FKCCI FKCCI
ADVERTISEMENT
I AM PEACEKEEPER I AM PEACEKEEPER I AM PEACEKEEPER
ADVERTISEMENT

LATEST NEWS

Raipur: Gayatri Becomes Self-Reliant with E-Rickshaw, Emerges as a ‘Lakhpati Didi’

Global Gold Prices May Hit $3,600 by Year-End: Ventura Securities

Government’s Digital Push Empowers MSMEs: 59,000 SC/ST Units Onboarded on GeM

SEBI Explores Regulated Platform for IPO-Bound Companies: A Game-Changer for India’s Capital Markets

India Could Rival Oil Producers with Affordable Hydrogen: Nitin Gadkari

India and Eurasian Economic Union Sign ToR to Launch FTA Negotiations

Chhattisgarh Cabinet Expansion: CM Vishnu Deo Sai Welcomes New Ministers, Emphasizes Collective Governance

Brillio National STEM Challenge Empowers 2,500+ Underserved Students to Innovate for India’s Future

  • 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