Arkel India Opens Rs One bn Lift Control Plant in Vadodara
ECONOMY & POLICY

Arkel India Opens Rs One bn Lift Control Plant in Vadodara

Arkel India has opened a manufacturing facility with a Phase one investment of Rs one bn at the GIDC Estate in Savli-Manjusar, Vadodara, to reduce import dependency through local production of lift electronic systems. The technology-driven unit will produce high-quality lift control electronics compliant with the new IS 17900 standard. The company said the plant marks its first transition from marketing to manufacturing of advanced lift electronic systems.

The plant will host automated printed circuit board assembly lines and semi-automatic MR control panel lines to manufacture integrated lift control systems including MR, MRL and slim panels. Products will incorporate IoT-enabled technologies to deliver energy efficiency, durability and precision control. The solutions are intended for high-rise residential and commercial buildings, healthcare facilities, retail complexes and transit hubs.

The company expects the facility to support infrastructure and real estate growth in India, supplying projects such as airports, railway stations, urban redevelopment schemes and smart city initiatives. It also anticipates generating direct and indirect employment and will collaborate with industrial training institutes, polytechnics and engineering colleges to provide apprenticeships and upskilling in electronics and automation. Management highlighted that India is among the fastest-growing elevator markets with annual demand exceeding 100,000 units, driven by rapid urbanisation and programmes such as Smart Cities, AMRUT and PMAY.

The expansion follows acquisition of Arkel by Innovalift AB, Sweden, and is projected to strengthen Arkel's position as a manufacturing and export hub for Asia-Pacific markets while reinforcing long-term commitment to India. The site spans 135,000 sq ft and has capacity to produce about 36,000 units annually in a single shift, with controlled management of temperature, humidity, cleanliness and electrostatic discharge. The electronic manufacturing setup is intended to meet global quality standards while addressing local requirements for reliable vertical mobility.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Arkel India has opened a manufacturing facility with a Phase one investment of Rs one bn at the GIDC Estate in Savli-Manjusar, Vadodara, to reduce import dependency through local production of lift electronic systems. The technology-driven unit will produce high-quality lift control electronics compliant with the new IS 17900 standard. The company said the plant marks its first transition from marketing to manufacturing of advanced lift electronic systems. The plant will host automated printed circuit board assembly lines and semi-automatic MR control panel lines to manufacture integrated lift control systems including MR, MRL and slim panels. Products will incorporate IoT-enabled technologies to deliver energy efficiency, durability and precision control. The solutions are intended for high-rise residential and commercial buildings, healthcare facilities, retail complexes and transit hubs. The company expects the facility to support infrastructure and real estate growth in India, supplying projects such as airports, railway stations, urban redevelopment schemes and smart city initiatives. It also anticipates generating direct and indirect employment and will collaborate with industrial training institutes, polytechnics and engineering colleges to provide apprenticeships and upskilling in electronics and automation. Management highlighted that India is among the fastest-growing elevator markets with annual demand exceeding 100,000 units, driven by rapid urbanisation and programmes such as Smart Cities, AMRUT and PMAY. The expansion follows acquisition of Arkel by Innovalift AB, Sweden, and is projected to strengthen Arkel's position as a manufacturing and export hub for Asia-Pacific markets while reinforcing long-term commitment to India. The site spans 135,000 sq ft and has capacity to produce about 36,000 units annually in a single shift, with controlled management of temperature, humidity, cleanliness and electrostatic discharge. The electronic manufacturing setup is intended to meet global quality standards while addressing local requirements for reliable vertical mobility.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement