imports
VT Among 23 High-Profile Industries Egypt Aims to Localize
Vertical-transportation (VT) is among 23 high-priority industries that Egypt aims to localize, part of a broader strategy to enhance industrial development and minimize reliance on imports, Egypt Today reports. Elevators and escalators...
Hyundai Elevator Turns Away from Chinese Escalator Imports
With K-Escalator, its new joint venture (JV) with small and medium-sized enterprises (SMEs), opening in September in Gyeonggi Province, South Korea's Hyundai Elevator is reducing its reliance on escalators and...
Uzbekistan Seeks Private Sector Help To Release VT Imports Stuck in Customs
Vertical-transportation (VT) equipment importers in Uzbekistan are seeking private-sector help to release at least 330 pieces of VT equipment stuck in customs warehouses in the wake of an import halt...
Turkmenistan To Ramp Up Elevator Production
Deputy Chairman of the Government of Turkmenistan Baymyrat Annamammedov said during a June 22 meeting of the Cabinet of Ministers that facilities for both producing and repairing elevators will be...
India’s Infra Elevators Moves Into Escalator Market
Kochi, India-based elevator manufacturing company Infra Elevators hopes to strengthen its presence in the escalator segment, given the encouraging response it has received from shopping malls in C towns, The...
KONE India To Manufacture Escalators
KONE Elevator India will start manufacturing escalators at its Sriperumbudur plant in India from the first half of 2024 as part of its expansion program and will be the only...
Fujitec India’s New Elevator Plant Now Fully Operational
Fujitec India Private Ltd., a subsidiary of Japan's Fujitec Co. Ltd., announced on August 1 that a new, second elevator plant in the Chennai, India, suburbs is now fully operational....
ICC Head: Iran Exports E&E Equipment and Parts to More Than 15 Countries
Iran is exporting elevator and escalator (E&E) equipment and parts to more than 15 countries globally, and exports are expected to exceed imports over the next two to three years,...
Bangladesh VT Players Alarmed by Proposed Elevator Import Duty
Members of the Bangladesh Elevators, Escalators and Lift Importers Association (BEELIA) recently expressed alarm over the government’s proposal to remove capital machinery (CM) status from imported elevators, which would result...
