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Inside India News

Otis India Buoyed by Synergy of UTC Consolidation The synergy created by consolidating United Technology Corp.’s (UTC) elevator, airconditioning, fire/security and building-automation divisions under one umbrella is proving beneficial to Otis India, ConstructionWeekonline.in reports. The restructuring of the divisions into UTC Building & Industrial Systems happened in 2013. Since then, Otis India has landed impressive contracts including ones for 670 units for Hyderabad Metro Rail – the single largest contract in Indian elevator-industry history – (ELEVATOR WORLD India, 3rd Quarter 2013) and 222 units for Delhi Metro Rail Corp. Consolidating offices has resulted in shorter response, reduced costs and shared sales leads. In addition to focusing on its energy-efficient, locally made Gen2® elevator, Otis India has doubled capacity at its Bengaluru manufacturing facility in expectation of increased urbanization. The Indian elevator market is expected to reach 70,000 units per year by 2017.

Metro Rail work underway in October 2014: Otis was awarded a 670-unit Metro Rail contract, representing the single largest contract in elevator-industry history (photo by N. Aditya Madhav).

Lifts in Ernakulam, Other Cities Lack Licenses Approximately 20%, or 487, of the 2,355 lifts and escalators in Ernakulam lack valid licenses, The Times of India reports. Authorities received license applications for 1,431 lifts in Ernakulam since January 2013, but granted licenses to only 944. Units without licenses continue to operate in order to minimize inconvenience for those who use them. Property owners whose elevators lack licenses have been notified, and licenses should be renewed annually. It was also found that in Palakkad, 94 units lack licenses; Kollam, 101; Kozhikode, 120; and Malappuram, three. There have been at least two lift accidents recently in Ernakulam, one of which was fatal, emphasizing the need for inspections to help ensure properly functioning elevators.

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ELEVATOR WORLD India • 1st Quarter 2015 •

Strong Demand for Residences in Mumbai Supertall The Lodha Group, developers of the 117-story, 442-m-tall residential building World One Tower in Mumbai, reports brisk sales during a nine-day booking period in winter 2014, New Delhi TV reports. During that time, approximately US$80 million worth of property was sold. The project was launched in 2010 and is expected to be complete in 2016. It will be among the tallest residential structures in the world. In December 2014, it was approximately 75% complete.

Elevator world india 1q 2015  

The Premier Magazine for the Building Transportation Industry in India

Elevator world india 1q 2015  

The Premier Magazine for the Building Transportation Industry in India