Elevator World India

Elevator World India EWI is the Indian edition of the US based publication, Elevator World for the elevator & escalator industry published by Virgo Publications, India

SPR India has unveiled District 12, a smart office space development within the 63-acre SPR City, offering MSMEs, startu...
31/07/2026

SPR India has unveiled District 12, a smart office space development within the 63-acre SPR City, offering MSMEs, startups, entrepreneurs, professionals, and growing businesses an opportunity to own premium office spaces in one of Chennai's fastest-emerging commercial destinations.

Aligned with the Tamil Nadu Government's "Perambur 2.0" initiative, District 12 is designed to accelerate Perambur's transformation into a thriving business and investment hub. Built around the proposition "Why Rent When You Can Own Your Office Space?", the project offers flexible office spaces ranging from 120 sq. ft. to 3,000 sq. ft., complemented by world-class commercial infrastructure, modern amenities, and a professionally managed business environment.

As part of the integrated SPR City ecosystem, businesses benefit from seamless access to retail, hospitality, healthcare, education, entertainment, and lifestyle facilities—creating a complete live-work-business destination. Strategically located with excellent connectivity to major transport hubs and the upcoming metro network, District 12 is positioned to support long-term business growth and asset creation.

The launch witnessed strong participation from industry leaders, entrepreneurs, investors, and business owners, along with an engaging panel discussion on "Perambur 2.0," highlighting the region's rapid emergence as one of Chennai's most promising commercial corridors.

With District 12, SPR India reinforces its commitment to developing future-ready commercial infrastructure that enables businesses to grow, collaborate, and build lasting value.

K Raheja Corp has announced the appointment of Mrs. Vijayta Raheja as its Chief Executive Officer (CEO), effective immed...
31/07/2026

K Raheja Corp has announced the appointment of Mrs. Vijayta Raheja as its Chief Executive Officer (CEO), effective immediately.

A pivotal leader within the Group for over 16 years, including nearly six years as Chief Operating Officer, Mrs. Raheja has played a key role in strengthening corporate governance, driving organisational transformation, and implementing strategic initiatives across the business.

As CEO, she will lead the Group's strategic direction, business operations, governance, digital transformation, and expansion initiatives while continuing to uphold the legacy and values that have defined the K Raheja Group since 1956.

Her appointment reflects the Group's commitment to institutional leadership, operational excellence, sustainable growth, and long-term value creation for customers, partners, employees, and stakeholders.

Congratulations to Mrs. Vijayta Nikhil Raheja on this significant milestone, and best wishes as she leads the K Raheja Group into its next chapter of growth and innovation.

Still haven’t read the latest issue of Elevator World India?Catch up on the latest industry news, landmark projects, exp...
30/07/2026

Still haven’t read the latest issue of Elevator World India?

Catch up on the latest industry news, landmark projects, expert insights, and stories shaping the vertical transportation sector.

Your next industry update is just a read away.

Read the Latest Issue Now - https://virgo.aflip.in/EWI_Iss_3_Vol_19.html

TK Elevator has announced the appointment of Dr Abdul Kader as General Manager, strengthening its leadership team as the...
29/07/2026

TK Elevator has announced the appointment of Dr Abdul Kader as General Manager, strengthening its leadership team as the company continues to advance operational excellence, customer-centric growth and innovative mobility solutions across India’s vertical transportation sector.

With extensive experience in sales, marketing, business development and operational leadership, Dr Abdul brings a strong track record of driving business expansion, building customer relationships and leading high-performing teams across competitive industries.

Throughout his professional journey, he has successfully developed growth strategies, strengthened market presence and contributed to building performance-driven organizations through strategic ex*****on and commercial excellence. His expertise spans sales leadership, marketing strategy, business transformation, customer engagement, operational management and organizational development.

Dr Abdul has previously been associated with leading organizations including ESCON Elevators, Otis Elevator Co., and Schindler Aufzüge und Fahrtreppen GmbH (Austria), gaining valuable experience in the vertical mobility industry and strengthening his understanding of customer-focused business operations.

Recently, he was conferred an Honorary Doctorate in Sales and Marketing Management by a Swiss university, recognizing his contributions to business leadership and excellence in sales and marketing.

In his new role as General Manager, Dr Abdul will focus on strengthening business operations, enhancing customer engagement, driving strategic growth initiatives and supporting TK Elevator India Pvt. Ltd.’s vision of delivering world-class mobility solutions.

Hitachi Lift India has announced the appointment of Kaviyarasan Rajasekaran as its Chief Human Resources Officer (CHRO),...
29/07/2026

Hitachi Lift India has announced the appointment of Kaviyarasan Rajasekaran as its Chief Human Resources Officer (CHRO), marking a significant addition to the company's executive leadership team as it continues to strengthen its people strategy and support long-term business growth.

With over 20 years of experience in human resources across the elevator, manufacturing, engineering, automobile and industrial sectors, Kaviyarasan brings extensive expertise in strategic HR business partnering, talent management, organizational development, compensation & benefits, employee relations, HR operations, performance management and statutory compliance.

Before joining Hitachi Lift India, he served as General Manager – HR Corporate at MVS ACMEI Technologies Pvt Ltd., where he led workforce planning, talent acquisition and HR transformation initiatives. He also spent nearly a decade with Mitsubishi Electric Middle East Africa and CIS, overseeing HR operations, compensation and benefits, payroll, and performance management across Europe, the Middle East, North Africa, South Asia and Central Asia. His earlier leadership roles at Johnson Lifts & Escalators and Remy Electricals India Limited further strengthened his expertise in manufacturing HR and organizational effectiveness.

In his new role, Kaviyarasan will lead Hitachi Lift India's people agenda by strengthening talent strategies, enhancing organizational capabilities, developing leadership pipelines and aligning human capital initiatives with the company's long-term business objectives.

His appointment reflects Hitachi Lift India's continued focus on building a high-performance, people-centric organization capable of driving innovation, operational excellence and sustainable growth.

TK Elevator India recently conducted a branch townhall at its Ahmedabad office, bringing together employees across funct...
28/07/2026

TK Elevator India recently conducted a branch townhall at its Ahmedabad office, bringing together employees across functions to reinforce the company's commitment to safety, operational excellence and its core values.

The programme commenced with a safety pledge, followed by discussions on the principles that guide day-to-day operations. An interactive Q&A session encouraged employees to share ideas, discuss operational challenges and contribute suggestions for continuous improvement.

The visit also included interactions with key customers and installation partners, along with a review of ongoing projects. Among the highlights was the Ahmedabad branch's first 4 m/s high-rise elevator project, marking an important milestone in the branch's expanding portfolio.

In addition, field service technicians participated in a dedicated discussion focused on service excellence, operational efficiency and customer satisfaction. The programme concluded with strategic planning sessions involving branch leadership and functional teams, aligning priorities for the remainder of the financial year and setting the direction for the next fiscal year.

The initiative reflects TK Elevator India's continued focus on employee engagement, customer collaboration and the delivery of reliable, high-performance vertical transportation solutions.

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed approximately 90% of the Mahalaxmi Multimodal...
28/07/2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed approximately 90% of the Mahalaxmi Multimodal Connectivity Project, which will feature India's first travellator-equipped skywalk. The 283-metre-long integrated pedestrian bridge will seamlessly connect the Sant Gadge Maharaj Chowk Monorail Station, Metro Line 3 and Mahalaxmi Suburban Railway Station, significantly improving passenger convenience and reducing transfer time by nearly 20 minutes.

Designed to handle up to 4,500 passengers per hour, the skywalk includes six travellators spanning a combined length of 176 metres, two passenger lifts for universal accessibility, and an 11-metre-wide walkway. The project was executed without felling a single tree despite being constructed in one of Mumbai's most utility-congested corridors, highlighting MMRDA's commitment to sustainable and efficient infrastructure development. Once operational, the project will strengthen multimodal connectivity, encourage greater public transport usage, and enhance the daily commute for thousands of Mumbai residents.

The International Elevator & Escalator Symposium (IEES) has announced its updated Technical Committee, bringing together...
26/07/2026

The International Elevator & Escalator Symposium (IEES) has announced its updated Technical Committee, bringing together a distinguished group of experts representing a broad cross-section of the global vertical transportation (VT) industry.

The committee will play a key role in shaping the Symposium's technical program, overseeing the peer-review process and ensuring the continued delivery of high-quality, independent educational content.

The updated Technical Committee includes Abhijit Dandekar (Pacific Asia Lift & Escalator Association (PALEA), Antonio Pérez Ruiz (IMEM Lifts and Federación Empresarial Española de Ascensores), Don Gelestino (CHAMPION ELEVATOR CORP.), Eric McClaskey (IUEC - International Union of Elevator Constructors), John Koshak (Elevator Safety Solutions, LLC), KRISHNA KUMAR RAVI (PAPL Corp. Paolo Tattoli (European Federation for Elevator Small and Medium-Sized Enterprises), John van Vliet (Liftinstituut B.V.), Robert Kaspersma (KONE), Serdar Tavaslıoğlu (Independent Consultant), Dr. Stephan Rohr (Cobianchi Liftteile AG), Richard Sayah (VDA) and Zhang Lexiang (former Secretary General, China Elevator Association).

Held under the theme "Passenger Experience, Access, Design and Safety," IEES 2026 will take place on December 10–11, 2026, at Hotel Okura, Amsterdam. The symposium will bring together industry professionals, researchers and thought leaders to discuss emerging trends, technological advancements and best practices shaping the future of the vertical transportation industry.

HYUNDAI ELEVATOR has announced that all of its executives have collectively purchased approximately KRW1 billion (US$668...
25/07/2026

HYUNDAI ELEVATOR has announced that all of its executives have collectively purchased approximately KRW1 billion (US$668,395) worth of the company's treasury shares, demonstrating confidence in its long-term growth strategy and corporate value.

The share purchase, involving around 30 executives, is aimed at strengthening responsible management, restoring market confidence and protecting shareholder interests. According to the company, the move reflects management's belief in Hyundai Elevator's mid- to long-term growth prospects and commitment to creating sustainable value for investors.

Alongside this leadership-backed investment, Hyundai Elevator continues to advance innovation in the vertical transportation sector. The company is developing technologies that support the future of smart cities, including ENOBLOC, the world's first commercialized modular elevator installation system for high-rise buildings, delivery robot-elevator integration technology and H-PORT, a vertiport infrastructure designed to support South Korea's Urban Air Mobility (UAM) initiative.

The announcement underscores Hyundai Elevator's continued focus on combining technological innovation with long-term business growth as it strengthens its position in the evolving global vertical transportation industry.

Schindler Group has announced strong financial and operational results for the first half of 2026, with its new modular ...
24/07/2026

Schindler Group has announced strong financial and operational results for the first half of 2026, with its new modular product platform driving growth in new elevator installations outside China, particularly across Europe.

The Switzerland-headquartered company said its continued focus on disciplined, profitable growth resulted in a solid operating performance during the six months ended June 30. CEO Paolo Compagna noted that the results reinforce the strength of Schindler's long-term strategy and position the company to continue delivering value to its customers, employees and shareholders.

For the first half of 2026, Schindler reported a net profit of CHF542 million (US$667.3 million), representing 10.2% of revenue, while cash flow from operating activities reached CHF617 million (US$759.7 million).

The company also celebrated several milestones beyond its financial performance. The Schindler X8 elevator for new and renovated buildings received both the Red Dot and iF Design Awards, while Fortune and Statista recognized Schindler as one of Europe's Most Innovative Companies.

Looking ahead, Schindler expects low- to mid-digit growth for 2026, supported by continued momentum in its modular product platform and ongoing ex*****on of its long-term growth strategy.

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