Yogi Govt's Initiative Propels Addverb To Become India's Top Robotics Firm Exports Worldwide

Lucknow/Gautam Buddha Nagar: The startup policy introduced by Chief Minister Yogi Adityanath in 2017 has yielded impressive results, as evidenced by the success of 'Addverb,' now the country's largest robotics company. Starting from a modest 400 square feet room, Addverb's remarkable growth has led to a turnover exceeding Rs 450 crores and the creation of over 2,000 direct employment opportunities for skilled youths. The company aims to further expand its workforce by providing direct employment to an additional 3,000 skilled individuals in the near future.

Chief Minister Yogi's vision is to provide a platform for innovative and creative young entrepreneurs to establish successful business models. To support this objective, the state government has established an 'Innovation Fund' that specifically benefits startups based in Uttar Pradesh. The success of Addverb and similar companies positions Uttar Pradesh to become a significant contributor to India's goal of achieving a $1 trillion economy.

The Uttar Pradesh government has played a crucial role in Addverb's growth, offering support ranging from land allocation to facilitating industry setup. In 2021, the company's robotic plant, named "Bot-Valley," commenced production within a record time of 18 months. Committed to the 'Make in India' initiative led by Prime Minister Narendra Modi, Addverb manufactures 100% indigenous robots. With growing demand, the company recently inaugurated its second plant, "Bot-verse," spanning 15 acres, with the honor of its inauguration bestowed upon CM Yogi.

Addverb's robots are employed for material transportation in various sectors, including factories, warehouses, airports, and hospitals. These robots, made in Uttar Pradesh, have gained international recognition and are exported to countries such as Australia, Singapore, Dubai, America, and Europe.

Satish Kumar Shukla, the Chief Marketing Officer of Addverb, attributes the company's journey to the leadership of CM Yogi Adityanath. Beginning from a small office in Delhi and subsequently establishing rented office and factory spaces in Noida, Addverb received substantial support from the Startup Policy of the Uttar Pradesh government. The company's remarkable growth is a testament to the favorable business environment and ease of doing business experienced in Uttar Pradesh, which sets it apart from other regions.

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In conclusion, the success story of Addverb exemplifies the positive outcomes of Chief Minister Yogi Adityanath's startup policy in Uttar Pradesh. Through government support and a conducive business environment, Addverb has emerged as a leading robotics company, contributing significantly to the state's economy and job creation for skilled youth.