Arkel India Opens Rs One Bn Lift Control Plant in Vadodara

02 Mar 2026 CW Team

The plant will house automated PCB assembly lines and semi-automatic MR control panel lines to produce integrated lift control systems including MR, MRL and slim panels. These systems will incorporate IoT-enabled smart technologies offering energy efficiency, durability and precision control, and are targeted at high-rise residential, commercial, healthcare and retail developments as well as transit hubs and infrastructure projects. The company added that products will support airports, railway stations, urban redevelopment and smart city initiatives.

Spread across 135,000 sq ft, the facility has the capacity to manufacture approximately 36,000 units annually in a single shift, with fully controlled temperature, humidity, cleanliness and electrostatic discharge management systems in the electronic manufacturing setup. The plant is expected to generate direct and indirect employment and the company plans to collaborate with industrial training institutes, polytechnics and engineering institutes to provide apprenticeship and upskilling opportunities in electronics and automation. The move reflects a global-local synergy aimed at strengthening India as a manufacturing and export hub for the Asia-Pacific region.

The company noted that India is among the fastest-growing elevator markets, with annual demand exceeding 100,000 units driven by rapid urbanisation, Smart Cities initiatives, AMRUT projects and housing developments under PMAY as well as major infrastructure expansion across metros, airports and railway redevelopment programmes. It added that Innovalift AB acquired Arkel in January 2025 and the establishment of the unit marks a strategic milestone in strengthening presence in the Asia-Pacific market.

Arkel India has opened a new lift control manufacturing plant at the GIDC Estate in Savli-Manjusar, Vadodara, marking a Phase one investment of Rupees (Rs) one bn. The technology-driven unit will locally manufacture high-quality lift electronic systems to reduce import dependency and to supply products that comply with the new IS 17900 standard. The company described the facility as its entry into advanced lift electronics manufacturing after previously mainly marketing such systems. The plant will house automated PCB assembly lines and semi-automatic MR control panel lines to produce integrated lift control systems including MR, MRL and slim panels. These systems will incorporate IoT-enabled smart technologies offering energy efficiency, durability and precision control, and are targeted at high-rise residential, commercial, healthcare and retail developments as well as transit hubs and infrastructure projects. The company added that products will support airports, railway stations, urban redevelopment and smart city initiatives. Spread across 135,000 sq ft, the facility has the capacity to manufacture approximately 36,000 units annually in a single shift, with fully controlled temperature, humidity, cleanliness and electrostatic discharge management systems in the electronic manufacturing setup. The plant is expected to generate direct and indirect employment and the company plans to collaborate with industrial training institutes, polytechnics and engineering institutes to provide apprenticeship and upskilling opportunities in electronics and automation. The move reflects a global-local synergy aimed at strengthening India as a manufacturing and export hub for the Asia-Pacific region. The company noted that India is among the fastest-growing elevator markets, with annual demand exceeding 100,000 units driven by rapid urbanisation, Smart Cities initiatives, AMRUT projects and housing developments under PMAY as well as major infrastructure expansion across metros, airports and railway redevelopment programmes. It added that Innovalift AB acquired Arkel in January 2025 and the establishment of the unit marks a strategic milestone in strengthening presence in the Asia-Pacific market.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..