Additive Manufacturing (AM) is the latest available manufacturing technology for fabrication of prototypes with precise in short duration of time with minimal cost. AM provides maximum flexibility for designer. Currently AM technology is using in almost all the industries. The primary objective of the current work is to design and fabricate functional prototype of custom design Industrial Robot with light weight and low cost. Developed Robot consists of functionalities like picking of a tool or an object and placing it at desired place. Design of robotic arm has been developed using Creo parametric 2.0 software. The Analysis has been carried out on 3D Computer Addied Design (CAD) model using ANSYS software. The prototype Robot was fabricated using AM with Poly Lactic Acid (PLA) material. Robo Analyzer software is used to solve inverse kinematics of the robotic arm for the joint angles of the desired positions. In electronics microcontroller, servo motors are used to obtain Four Degrees of Freedom (4-DoF). An open source computer hardware and software-Arduino, used for programming and to control the robotic arm by driving servomotors. The developed Robot tested for its performance, design structure and the results found are satisfactory.