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Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production

"We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India managing director Saravanan Solaiappan said without sharing financial details of the deal.

4 Aug 2026

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"Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production" is a news brief attributed to Economic Times Tech, dated 3/8/2026. "We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India managing director Saravanan Solaiappan said without sharing financial details of the deal. It is filed for executives.

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Published by: University of AI India editorial desk
Reviewed by: University of AI India editorial desk
Source verified: 14/8/2026
Last reviewed: 14/8/2026
AI assistance: May have assisted drafting; sources and claims require editorial review
Index status: Meets public index standard

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Reference: Economic Times Tech

Official URL: https://economictimes.indiatimes.com/tech/technology/foxconn-vendor-agile-robots-acquires-majority-stake-in-xng-automation-to-scale-up-local-production/articleshow/132845574.cms

Source: Economic Times Tech

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