Kody Technolab Limited (KTL), an innovative robotics and software company listed on the NSE, has entered into a strategic joint venture with Platinum Group for Businessmen Services L.L.C. (UAE). The collaboration has resulted in the establishment of Falcon Tech Robotics LLC, a manufacturing firm focused on producing “Made in UAE” robots for a wide range of industries.
This joint venture marks a significant achievement for Kody Technolab Limited, making it the first Indian publicly listed company to partner with Platinum Group. Falcon Tech Robotics will exclusively serve the Middle East market, paving the way for future technological advancements and growth in the region.
As part of its global expansion strategy, Kody Technolab Limited aims to strengthen India’s position in the international robotics market while fostering economic and technological collaboration with the UAE. The joint venture will see Platinum Group hold a 60% stake, while Kody Technolab Limited will own 40%. This balanced partnership ensures a cooperative approach to achieving shared objectives.
Kody Technolab Limited’s expertise in robotics, software development, and technical solutions will be key to Falcon Tech Robotics. The company’s advanced research and development efforts will contribute to the production of various robots in the UAE, which will be marketed locally and exported throughout the GCC and Middle East region exclusively.
The joint venture will specialize in providing advanced robotic solutions across various industries. These include defense and surveillance robots designed to enhance security and tactical operations, as well as experiential marketing robots aimed at revolutionizing customer engagement in retail and advertising environments. Additionally, the venture will focus on hospitality service robots, which will improve service quality in hotels, restaurants, and healthcare facilities.
Another key area of focus will be cleaning robots, which will automate sanitation and hygiene processes in commercial spaces, healthcare facilities, and public infrastructure. By leveraging cutting-edge robotics technology, the joint venture seeks to deliver innovative solutions that address critical needs across multiple sectors while improving efficiency and service quality.
Platinum Group, a well-established conglomerate in the UAE, brings deep market knowledge and cutting-edge infrastructure to this partnership. With operations spanning multiple sectors, including real estate, oil & gas, sports, IT, defense, and more, the group is well-positioned to drive economic diversification and innovation in the UAE.
This collaboration between Kody Technolab Limited and Platinum Group reflects the shared goal of both India and the UAE to lead in technological innovation, create skilled jobs, and support economic growth. The production of “Made in UAE” robotic solutions, coupled with their export across the GCC region, strengthens the India-UAE trade relationship.
Manav Patel, Managing Director of Kody Technolab Limited, stated, “This joint venture with Platinum Group is a significant milestone in our robotics journey. Together, we aim to revolutionize the robotics sector, strengthen the India-UAE economic ties, and create innovative solutions that will shape the future of the industry.”
Kody Technolab Limited’s involvement in this joint venture reinforces its reputation as a global leader in robotics and technology. The venture also highlights India’s growing prominence as a hub for innovation and technical expertise.
Kody Technolab Limited is a renowned provider of robotics, AI, and enterprise-level solutions. With expertise in AI, machine learning, and advanced robotics, the company has delivered over 250 projects across more than 30 countries. Kody Technolab Limited continues to set the benchmark for intelligent automation and customer engagement solutions worldwide.
