India
Uttar Pradesh Government Introduces Elevator Bill
India’s Uttar Pradesh Legislative Assembly was set to introduce a bill on February 6 making it mandatory to obtain permission from the Energy Department before installing any lifts and will...
Hyprlift Inc. Closes First Private Funding Round
Silicon Valley-based tech startup Hyprlift Inc. closed its first private funding round for an undisclosed amount in December 2023. The largest investment came from Johnson Lifts, Pvt. Ltd., India’s largest...
PAPL Corp. Announces U.S. and Singapore Subsidiaries
PAPL Corp. President and CEO Krishna Kumar Ravi announced in February the opening of U.S. subsidiary PAPL Inc. and Singapore subsidiary SINGAPORE PTE LTD. PAPL Corp. has operated for 17...
Eleven Additional Skywalks Proposed in Bengaluru, India
Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative body responsible for civic amenities and some infrastructural assets of the Greater Bengaluru metropolitan area of India, has proposed 11 additional skywalks in...
Otis India President Applauds Indian Finance Minister for “Transformative Budget”
Otis India President Sebi Joseph released a statement applauding Indian Finance Minister Nirmala Sitharaman for presenting a “progressive budget accelerating the momentum in the infrastructure sector and for the contribution...
KONE Expects Stable or Slightly Higher Sales This Year
KONE expects 2024 sales to remain stable or grow slightly in 2024 as weak consumer sentiment continues to hinder sales in China — representing about a third of the company's...
TK Elevator India Head Hopeful About Upcoming 2024-25 India Budget
TK Elevator India Managing Director and CEO Manish Mehan is hopeful the upcoming 2024-25 national budget for India will “incorporate transformative measures to invigorate the Indian real estate sector,” which...
Indian Railways: Nearly 600 Stations Accessible With Lifts and Escalators
Indian Railways (IR) said 597 of its stations are accessible with lifts and escalators installed as part of the Accessible India Campaign, The Economic Times Is among outlets to report....
Longtime Elevator Professional Releases Motivational Book in India
Vivek Puranik, a U.S.-based author who has more than 27 years’ experience in the elevator industry, has released the book “Feathers On My Wings” in India, geared toward “preparing young...
Arkel India To Build Manufacturing Facility in Gujarat
Arkel Electronic India Pvt. Ltd. (Arkel India), a subsidiary of Arkel Elektrik Elektronik San Ve Tic A.S. of Türkiye, signed a Memorandum of Understanding with the Government of Gujarat to...
