Asia
Otis Indonesia To Modernize 10 Elevators at Jakarta Hotel
The Otis Indonesia team will undertake the comprehensive modernization of 10 elevators at the Hotel Borobudur Jakarta. Otis will install Gen2® units selected to further enhance the “artistic ambiance” of...
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...
Otis’ China Manufacturing Achieves Zero Waste Certification
Otis Worldwide has achieved Gold-level TRUE (Total Resource Use and Efficiency) zero waste certification for all of its five manufacturing facilities in China. This makes Otis the first elevator company...
Schindler Providing 338 Units to Xiang’an International Airport
Schindler announced on February 5 it is providing 76 passenger and freight elevators, 100 escalators and 62 moving walks to the new Xiamen Xiang'an International Airport taking shape on Dadeng...
CTBUH Releases 2023 Report on Tall Trends
The Council on Tall Buildings and Urban Habitat (CTBUH) has released “Year in Review: Tall Trends of 2023,” the latest in its series of annual evaluations of the state of...
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...
Major Otis Contracts in China and Hong Kong SAR
Otis President, CEO and Chair Judy Marks announced during a January 31 earnings call that the company is handling a new-equipment contract in Chongqing, China, and a modernization contract in...
Japan Elevator Service Announces Absorption-type Merger, Branch Restructuring
Japan Elevator Service Holdings Co., Ltd. (JES), a Tokyo-headquartered provider of maintenance and repair for elevators and escalators, announced an absorption-type merger between two of its subsidiaries and a restructuring...
