Addverb Technologies Ltd, a Noida-based startup backed by Mukesh Ambani, is set to launch its first humanoid robots in 2025. These robots aim to revolutionize industries like fashion, retail, and energy by performing time-consuming tasks. This move positions India as a strong competitor in the global humanoid robotics market, challenging players like Tesla, Boston Dynamics, and Chinese firms.
Competing in a Global Market
Addverb’s CEO Sangeet Kumar highlighted the competitive edge of their robots, despite the significant financial investments required for their development. Unlike China’s government-subsidized humanoid robots, Addverb’s products will enter the market independently, showcasing India’s capacity to innovate at a global scale.
Applications Across Industries
The humanoid robots are designed to perform tasks tailored to specific industries:
- Fashion: Inventory management and quality checks
- Retail: Customer assistance and product sorting
- Energy: Routine maintenance and safety inspections
However, the pricing and detailed capabilities of these robots remain undisclosed.
The Growing Humanoid Robotics Space
The launch of Addverb’s humanoid robots comes as global companies like Elon Musk’s Tesla, Boston Dynamics, and Agility Robotics race to bring similar innovations to market. Tesla’s Optimus humanoid robot, expected to cost $20,000-$25,000, is slated to become widespread by 2040.
Mukesh Ambani’s Expanding AI Ventures
In addition to Addverb, Mukesh Ambani has backed other AI startups, including Hanooman AI by BharatGPT, further solidifying his presence in cutting-edge technology. This strategic investment aligns with Ambani’s vision to position India as a global technology leader.
India’s Potential in Robotics
With the humanoid robotics sector projected to grow significantly, Addverb Technologies’ launch represents a pivotal moment for India’s robotics industry. Despite challenges like high development costs, Addverb aims to compete with global giants, promising to deliver innovative and industry-specific solutions.