India has been witnessing a rapid increase in investments both by government and private entities on large-scale metro projects, especially in Tier-I and Tier-II cities. The consistent growth in the construction of new metro stations has increased the demand for elevators and escalators.
thyssenkrupp Elevator (India) has launched its new elevator called meta200 to meet the ever-evolving mobility solution needs of India’s mid-rise residential, commercial, retail and hospitality sectors.
The forthcoming Budget 2021 will be crucial in terms of reforms announced, and we expect that the government will take appropriate measures to spur real estate demand such as tax deductions, reduction in GST rates on construction materials, RERA to considering multiple tower projects as an ongoing v..
thyssenkrupp Elevator (India) has been chosen by IICC and the developer Larsen & Toubro to equip this Exhibition-Cum-Convention Centre with its high-end, efficient and elegant 53 elevators, 39 escalators and four moving walks.
IndoSpace, India’s largest developer of Grade-A industrial real estate and logistics parks, has been named as the ‘Firm of the Year - India’ by the real estate arm of Private Equity International, at the PERE Awards 2019.
With an annual market size of about 58,000 units, India is the world´s second-largest elevator market after China and the fastest growing, expanding at ´approximately 11.2 per cent annually (CAGR),´ according to Bharat Vishnani, Managing Director, Thyssenkrupp Elevator India. ´India´s escalator..