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Kody Technolab Limited (KTL), a publicly listed robotics and software company on the NSE, has entered into a strategic joint venture with Platinum Group for Businessmen Services L.L.C. (UAE), resulting in the establishment of Falcon Tech Robotics LLC in Abu Dhabi. This collaboration marks a significant milestone, making KTL the first Indian publicly listed company to partner with Platinum Group in an initiative aimed at advancing robotics manufacturing in the UAE.
Falcon Tech Robotics will exclusively cater to the Middle East market, reinforcing Kody Technolab’s global expansion strategy and strengthening India’s position in international robotics manufacturing. The joint venture will focus on producing “Made in UAE” robotic solutions designed for both local use and export across the GCC and Middle East region.
In this balanced partnership, Platinum Group holds a 60% stake, while Kody Technolab Limited owns 40%, ensuring mutual strategic input and shared objectives. With Kody Technolab’s expertise in robotics, software development, and technical solutions, Falcon Tech Robotics is poised to become a leader in cutting-edge automation.
Falcon Tech Robotics will specialize in developing robotic solutions tailored for multiple industries, including:
By leveraging advanced R&D and manufacturing capabilities, the joint venture aims to deliver next-generation robotics solutions that will drive efficiency, innovation, and technological advancement across multiple sectors.
Platinum Group, a well-established UAE conglomerate, brings deep market knowledge and strong infrastructure to this partnership. With diverse operations across real estate, oil & gas, sports, IT, and defense, the group’s vast expertise will support the expansion and adoption of robotics technologies within the region.
This collaboration reflects the shared ambition of India and the UAE to lead in technological innovation, job creation, and economic diversification. By manufacturing and exporting high-tech robotic solutions, Falcon Tech Robotics will foster trade relations, enhance industrial capabilities, and support regional growth.
Manav Patel, Managing Director of Kody Technolab Limited, emphasized the significance of the venture, stating:
“This joint venture with Platinum Group is a significant milestone in our robotics journey. Together, we aim to revolutionize the robotics sector, strengthen India-UAE economic ties, and create innovative solutions that will shape the future of the industry.”
With this groundbreaking collaboration, Kody Technolab further cements its reputation as a global leader in robotics and automation. Falcon Tech Robotics is set to drive the future of intelligent automation in the Middle East, reinforcing India’s role as a hub for innovation and technological excellence.
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