India
USIBC Launches U.S.-India “Innovation Handshake” Initiative
Near the close of the Asia-Pacific Economic Cooperation Leaders Summit in San Francisco on November 11-17, the U.S. Chamber of Commerce's India Business Council (USIBC) hosted an inaugural roundtable discussion...
KONE Elevator India Expected To Maintain 15% Growth Rate
KONE Elevator India expects to post a 15% growth rate during calendar year 2023 despite market constraints, according to Managing Director Amit Gossain, The Hindu reports. “So far, we have...
69-Year-Old Man Dies in Elevator Shaft Fall in South India
A 69-year-old man died on November 4 from falling down an elevator shaft in the Thindal neighborhood of Erode in the south India province of Tamil Nadu, The Hindu reports....
KONE Elevators India Inaugurates Test Tower and Labs Near Chennai
KONE Elevators India inaugurated an elevator test tower and labs at its location in Sriperumbudur near Chennai on October 31, with KONE President and CEO Henrik Ehrnrooth and KONE India...
Mumbai Rail Station To Receive New VT Equipment
The Mumbai Rail Vikas Corp. (MRVC) has proposed six foot overbridges (FOBs),14 escalators and four elevators for Ghatkopar station, Mumbai Live is among outlets to report. The new vertical-transportation (VT)...
Schindler India Joins With OOH on In-lift Advertising Initiative
Schindler Group subsidiary Schindler India announced on October 25 it has joined forces with Times Innovative Media Ltd. (Times OOH), a leading Indian outdoor advertising company, to "redefine in-lift advertising."...
KONE Reports Boost in Q3 Orders from China
KONE reported better than expected new orders for the third quarter, boosted by strong momentum in Chinese orders, Reuters reports. The company, which makes around a third of its sales...
Inovance India Opens New Office in Hyderabad
Inovance Technology India, the Indian arm of global industrial automation company Inovance, announced the opening of a new, 900-ft2 office in Hyderabad. Increasing the company's reach in India and providing...
255 Otis VT Units for Two Prestigious India Metro Projects
Otis India announced on October 25 it has been contracted to provide 255 vertical-transportation (VT) units for the prestigious Bhopal and Indore Metro projects, the first metro lines in the...
Asia-Pacific Construction Buoys Otis’ 2023 Profit Outlook
Growing construction in India and the greater Asia-Pacific region are among factors that prompted Otis to raise its full-year profit forecast on October 25, Reuters is among outlets to report....
