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This company of Mukesh Ambani, Isha Ambani eyes Rs 8,000 crore revenue in 5 years, details inside

According to Addverb Technologies co-founder and CEO Sangeet Kumar, the company is planning to invest Rs 500 crore in its robot manufacturing facility.

Robotics firm Addverb aims Rs 8,000 cr revenue in 5 years; to invest Rs 500 cr in manufacturing

Robotics firm Addverb aims Rs 8,000 cr revenue in 5 years; to invest Rs 500 cr in manufacturing
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Addverb eyes Rs 8,000 cr revenue; to invest Rs 500 cr in manufacturing

Reliance Retail-owned robotics firm Addverb expects to cross Rs 8,000-crore revenue mark in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said.

Robotics firm Addverb aims Rs 8,000 cr revenue in 5 years; to invest Rs 500 cr in manufacturing

Addverb, a robotics firm owned by Reliance Retail, aims to generate revenue of over Rs 8,000 crore in the next five years. The company plans to achieve this by scaling up its manufacturing operations and diversifying its target market. Addverb Technologies is set to invest Rs 500 crore in its robot manufacturing facility in Greater Noida, with the aim of achieving $1 billion in revenue.

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