Warehouse automation to humanoids: Addverb bets on India, CEO says physical AI race has begun
Addverb is now betting on what CEO Sangeet Kumar calls the next frontier of robotics -- collaborative robots, quadrupeds and humanoids, as he highlighted that the global race in physical AI has begun and India has a strong opportunity to build globally-competitive companies.
Addverb, a robotics and automation firm based in India, anticipates a future where humans and robots coexist, with people maintaining control over the increasingly prevalent physical AI technology. The company's CEO, Sangeet Kumar, emphasizes that regulations must adapt alongside these advances, but dismisses the notion that robots will ultimately replace and dominate humans.
Instead, Kumar believes India has a prime opportunity to build globally competitive companies in the field of collaborative robots, quadrupeds, and humanoids.
Addressing concerns about job losses, Kumar explains that while some repetitive and physically demanding tasks will be automated, robotics will also generate new employment opportunities as it enhances industrial productivity. Kumar advises young professionals to continuously update their skills, stating that those who fail to "rediscover" themselves every five to six years by learning new concepts will become obsolete.
The company, founded in 2016 by former Asian Paints executives, has grown into one of India's leading players in warehouse automation solutions, serving over 350 clients across more than 25 countries through subsidiaries in the US, Europe, Singapore, and Australia.
Addverb's revenue is evenly split between domestic and international markets. The company has a turnover of Rs 700 crore, with a strong order book of Rs 1,300 crore for the current fiscal year. Its R&D center, dubbed "Bot Valley" in Noida, manufactures collaborative robots and quadrupeds, while its flagship manufacturing facility in Greater Noida, "Bot Verse," is the world's largest mobile robot production site, capable of producing 100,000 robots annually.
The company's product portfolio includes mobile robots, sorting robots, Automated Storage and Retrieval Systems (ASRS), and picking systems. Addverb is also investing in next-generation robotics, such as collaborative robots, quadrupeds, and humanoids. The company recently unveiled its first Made-in-India wheeled humanoid robot at LogiMAT India and is currently preparing a legged version for launch.
Kumar envisions Addverb becoming one of the top five global robotics companies in the next decade, focusing on expanding beyond warehouse and factory automation into advanced robotics sectors.
Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
