India

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...

EBAOM Technical Seminar

Elevator law, standards and safety discussed to create greater awareness and prevent accidents.  The Elevator Brother Association of Maharashtra (EBAOM), an elevator trade association, organized its first statewide technical seminar,...

KONE Earnings: Strong Service Business Helps Offset Weak China, North America Markets

In its half-year financial report for January-June, KONE Corp. said strong service business performance is helping offset "challenging market dynamics" in China and a North America market that has "declined...

Interlift 2023 Expects More Than 500 Exhibitors To Completely Fill Halls

AFAG Messen und Austellungen GmbH, organizer of interlift 2023 on October 17-20 in Augsburg, Germany, said on July 4 that this year’s event is already 47% ahead of the previous...

Inovance Earning Soar to US$3.4 Billion on Strong Industrial Automation Growth

Global industrial automation specialist Inovance, headquartered in Shenzhen, China, on June 9 reported 2022 annual earnings of US$3.4 billion, reflecting 28% year-on-year revenue growth. The company has a strong presence...

Interlift 2023 Shaping up to Return to 2019 Levels

Trade fair organizer AFAG Messen und Austellungen GmbH said on March 16 that interlift 2023, planned on October 17-20 at Augsburg Trade Fair Centre in Augsburg, Germany, is shaping up...

Decoding the Future of Vertical Transportation in India

Your author looks at the factors for potential growth in the industry. by Rajnikant Lad All-around developments and government policies are going to boost the elevator and escalator business in...

interlift 2023 Expects More Joint Participation

AFAG Messen, organizer of interlift 2023 on October 17-20 in Augsburg, Germany, expects more joint participation than in 2019, as well as several countries that will be represented in new...

Mechanic Injured in India Elevator Accident

A mechanic lost his legs after getting stuck in a hotel elevator in Attapur, Hyderabad, India, while repairing it, The Siasat Daily reports. The incident occurred when the mechanic was...

KONE India Is Great Place To Work Certified for Third Time in a Row

KONE Elevators India, a fully owned subsidiary of KONE Corp., announces that it has been Great Place to Work® Certified™ for the third consecutive time. This prestigious award is based...