• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Monday, October 12, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • 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
india csr awards
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.

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.

19th India CSR Leadership Summit 2026
ADVERTISEMENT

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
19th India CSR Leadership Summit 2026
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

AI Could Surpass Humans in Digital Fields by 2028, Elon Musk Claims
Technology

AI Could Surpass Humans in Digital Fields by 2028, Elon Musk Claims

September 23, 2026
Quantum India Bengaluru Summit in 2027
Technology

Karnataka Plans Global Quantum Platform with 2027 Bengaluru Summit

September 20, 2026
Meta Agrees to Report Child Sexual Abuse Cases to Law Enforcement Agencies: Govt Sources
Technology

Meta Agrees to Report Child Sexual Abuse Cases to Law Enforcement Agencies: Govt Sources

September 15, 2026
TCL Unveils Next-Generation AI-Powered Living Experience at IFA 2026
Technology

TCL Unveils Next-Generation AI-Powered Living Experience at IFA 2026

September 6, 2026
After 10 Years in India, Jio Sets Sights on Global Market with Made-in-India Technology
Technology

After 10 Years in India, Jio Sets Sights on Global Market with Made-in-India Technology

September 5, 2026
29 US States Sue Meta Over Facebook and Instagram’s
Technology

29 US States Are Suing Meta. What Might It Mean for the Rest of the World?

August 22, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

RBI’s Dovish Inflation View Pushes Back India Tightening Calls

ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Brigade Group to Invest Rs 40,000 Crore in Three Years to Expand Realty, Hospitality Projects

RBI Revises Counterparty Credit Risk Norms; SA-CCR Mandatory for Banks with Large Derivative Books

Out of 42 PSEs in J&K, 26 Reported Losses or Were Inactive as of March 2023: CAG

PM Modi Speaks to Flydubai Pilot Captain Smit Machchhar, Praises His Courage

‘Invest Maharashtra’ Platform Launched; 67 MoUs With Proposed Investment of Rs 8.57 Lakh Crore Signed

Indian Women’s Recurve Team Wins Historic Asian Games Gold; Mixed Pair Reaches Final

Five Killed, 21 Injured as Truck Hits Pickup Van on Samruddhi Highway in Amravati

TCIL Pays Government Rs 43.86 Crore Dividend for FY26

  • 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
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved