Indian-UAE partners to revolutionize the robotics sector, says Patel
NSE-listed Kody Technolab Limited (KTL) says its joint venture with the UAE-based Platinum Group for Businessmen Services is to “Made in UAE” robots for diverse industries in the GCC markets.
The JV company Falcon Tech Robotics LLC will produce “Made in UAE” robots for the Middle East region, and lays a foundation for future innovation and growth between the partners https://sbi.com.in/.
Through this joint venture, the company is poised to lead India’s foray into the global robotics landscape, while strengthening economic and technological ties with the UAE.
With the Platinum Group holding a 60% stake and Kody Technolab Limited a 40% stake, the joint venture ensures a balanced and collaborative approach to achieving mutual growth.
“Together, we aim to revolutionize the robotics sector, fostering economic growth and strengthening India-UAE ties,” said Manav Patel, Managing Director of Kody Technolab Limited of Ahmedabad https://www.nseindia.com/.
“This partnership with the Platinum Group is a testament to Kody Technolab Limited’s expertise in robotics and our commitment to global innovation.
“Falcon Tech Robotics represents the culmination of shared vision, technological leadership, and international collaboration that will pave the new age for India-UAE Trade corridor,” Patel underlined the partnership in a release on 4 Feb https://www.bseindia.com/.
Kody Technolab Limited’s extensive research and development efforts have culminated in the provision of cutting-edge robotic solutions, development kits, integrated software solutions, and proprietary technical expertise for Falcon Tech Robotics. These components will be used to make robots in the UAE, which will then be marketed locally and exported to GCC countries and the broader Middle East region exclusively https://fieo.org/.
Building on the extensive R&D and the partnership, Falcon Tech Robotics LLC, will provide advanced robotic solutions, including:
• Defense and Surveillance Robots: Enhancing national security and tactical capabilities.
• Experiential Marketing Robots: Redefining engagement in retail and advertising sectors.
• Hospitality Service Robots: Revolutionizing customer experiences in hotels, restaurants, and healthcare.
• Cleaning Robots: Automating sanitation and hygiene processes in commercial spaces, healthcare facilities, and public infrastructure
Kody Technolab Limited’s role in this exclusive partnership reinforces its position as a leader in robotics and technology innovation. This JV elevates Kody Technolab Limited’s global profile and reinforces India’s reputation as a hub for innovation and technical expertise.
The Platinum Group is a renowned UAE-based conglomerate celebrated for fostering innovation and economic growth in the region. With its deep-rooted legacy in Asset Management, Real Estate, Oil & Gas, Sports Entertainment, IT, Medical, Gold, Food, Defense, and Industrial engineering. This partnership highlights the Platinum Group’s ability to foster international cooperation and drive economic diversification in the UAE. Fiinews.com
