The 10 Most Trusted Lift & Elevator Solution Providers

1. VOLUME - 12, ISSUE -4, 2019 Ashis Sen Founder & Chairman POWERCAB Elevating the Standards of Lift and Elevator Industry The 10 Most Trusted Lift & Elevator Solution Providers

4. Dynamically Uplifting Dynamically Uplifting the Indian Lifts and the Indian Lifts and Elevators Space Elevators Space equipment, and heavy machinery, along with vertical and horizontal development. The passenger lift segment is also looking bright as the vertical development particularly has been experiencing exponential growth in its demand. As more and more living spaces and office spaces are capturing the real estate market in India, the requirement of lifts has gone up multifold. Editor Darshan Parmar T echnology is speaking a subtle language, the language of ‘innovation’. This language is revolutionizing the way our world works today. Daily lives of people are changing rapidly and the day-to-day activities are getting simplified with just the touch of a button. May it be a smartphone, a smartwatch, a smart remote, or any other smart device for that matter. Innovation in technology is on the verge of discovering new horizons making our lives better. As technology is influencing our lives making it simpler on a personal level, the lifts & elevator space of India is also experiencing the changes due to technological advancements in its widely growing business paradigm. The dynamics of the said industry is proving to be beneficial for a lot of parties involved in the business, from its manufacturers to the other solution providers and ancillaries. Not just the service providers, but the end-users, that is the customers of these moving machines are also benefiting greatly. Due to the modern applications of the latest technology and simplified solutions integrated into the lifts and elevators, the final users are having ease in moving people and things in a much- streamlined manner. Statistically speaking, in India, the demand for elevators is on the verge of crossing 75,000 units by 2020. In the global market, such demand has positioned the country in second place in terms of overall demand. The key growth triggers for the industry are considered to be Urbanization which includes high-rise buildings, infrastructure projects, affordable housing, and adding to all these factors is the real estate reforms. For tapping into this lucrative market, the lifts and elevator manufacturers need to come up with affordable solutions and models to meet the customer requirements with respect to the price-sensitive segments of the market. According to an independent report, the market size of Indian lifts, elevators, and escalators is projected to grow at a CAGR of 8.1% in the timeline from 2017-2023. When it comes to the escalator segment, the majority of the market installations are witnessed in sectors like hospitality, transportation, retail, and residential. In this segment, the market leader has been ‘moving stairs’for quite some time, but now rapidly growing in popularity is the ‘walkaway’sub- segment. These walkaways are mostly On the commercial level, modern elevator solutions are enabling ease in the transportation of materials,

5. EDITOR’s NOTE have made him a seasoned professional who takes care of the company’s various business processes at every stage. Another company that is not only facilitating various lifts & elevators solutions in an eco-efficient manner but is also one of the first firms to provide sustainable solutions for vertical urban development is KONE Elevators India.Amit Gossain, the Managing Director of the company is responsible for handling all its operations for India and some of the South Asian countries. Also, one of the world’s leading elevators, escalators, and moving walkaways solution provider is OTIS India.Since, October 2015, Sebi Joseph - Presidentof OTIS India is looking over the company and is responsible for its overall leadership and strategic outlook. installed at airports and shopping centers. Amongst all the applications, the escalators have captured the largest share in the commercial arena considering the overall Indian elevators and escalators market. This ardent and rapid growth in the lifts and elevators industry along with the infrastructural development that India is moving forward to is deduced to increase in the near future. With an aim to provide optimum moving solutions, there are some key players in the market that are revolutionizing the sector. Insights Success, in this month’s issue has brought some movingstories of the companies that are market leaders, prominently driving success in the lifts and elevators space of India. This month’s issue of Insights Success is displaying the journey made by the companies that are making a difference in the Indian elevators and escalators market, and the team at Insights Success is featuring these stories in ‘The 10 Most Trusted Lift & Elevator Solution Providers.’ Featured as an interview, Hydro Fabs is a company describing how it is on the way to revolutionizing the Indian urban vertical development space with some assistance of the latest technological advancements and smart tools. Promoting and assuring good quality products along with swift after sales service is Salim Chinwala & Mustafa Metawala, Founders – Hydro Fabs. On the cover of this month’s issue, Powercabis setting benchmarks while elevating the standards in Indian elevators and escalators market. It is an industry-leading firm, prominently offering adequate lifts & elevator services in the country. Founder and Chairman - Ashis Senintroduced the firm with a vision to provide reasonable elevator solutions to the end-users. The set of stories portrayed in the magazine includes a company’s journey that is majorly focused on providing lifts & elevator solutions according to the rapidly accelerating future. The company Aegis Elevator Private Ltd. (AEPL)through its arena is enabling the best in class facilities to its clients, thereby ensuring an ever-lasting experience. The visionary leader of Aegis Elevators is C. G. Purohit - CEOof the company. Along with an engineering degree at his helm, the knowledge and rich experience of 37 years in the sector of lifts and escalators Insights Success also has some honorable mentions - a few companies that are disrupting the market in their distinct way. These firms are: Elite Elevators, Flying Machine Elevator, Mars Elevator, Maruti Lifts, and Escon Elevators Pvt Ltd. We also have included articles written by our in-house editors, shedding some light on how the lifts and elevators sector in India is faring and the factors revolving around it. So, readers get ready to be moved in a way you never thought before. Happy reading! Darshan Parmar

6. C O N T E N T S Cover Story 08 POWERCAB Elevating the Standards of Lift and Elevator Industry Article 20 Different Elevators Various Types of Elevators, Facilitating Ease in Moving 26 Elevating Lifestyle Influence of Technological Advancements on the Elevator Industry

7. 18 24 30 Aegis Elevator Private Ltd Contributing Significantly towards a Fast Paced Future KONE Elevators A Pioneer in Eco-efficient Sustainable Solutions for Urban Development OTIS India Shaping the Future by Moving People INTERVIEW WITH INSIGHTS SUCCESS 14 Hydro Fabs Pioneer in Hydraulic Lift Manufacturing Since 1995

9. Editor-in-Chief Pooja M. Bansal Managing Editor Darshan Parmar Contributing Writers Ananda, Varshita Art & Design Head Amol Kamble Associate Designer Poonam Mahajan Shweta Ambilwade Art & Picture Editor Sapana Shinde Co-designer Business Development Manager Megha Mishra Business Development Lead Tejaswini Whaval Business Development Executive Sarika Kawade Technical Head Pratiksha Patil Technical Specialist Amar Sawant Digital Marketing Manager Prashant Chevale SME-SMO Executive Uma Dhenge Circulation Manager Tanaji sales@insightssuccess.com December, 2019 Corporate Ofces: Insights Success Media and Technology Pvt. Ltd. Off. No. 22, Rainbow Plaza, Shivar Chowk, Pimple Saudagar, Pune, Maharashtra 411017 Phone - India: +91 7410079881/ 82/ 83/ 84/ 85 Email: info@insightssuccess.in For Subscription: www.insightssuccess.in Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-602-1754 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com Cover Price : RS. 150/- https://twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ Copyright © 2019 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success Media and Technology Pvt. Ltd. Reprint rights remain solely with Insights Success. Printed and Published by Insights Success Media and Technology Pvt. Ltd. RNI NUMBER: MAHENG/2018/75953

10. POWERCAB 10 ELEVATOR Solution Providers Most LIFT & Trusted T h e Ashis Sen Founder & Chairman

11. POWERCAB Elevating the Standards of Lift and Elevator Industry A enactment of the Real Estate (Regulation and Development) Act, 2016 (RERA), a growing number of high-rise residential and commercial buildings across the country have contributed to this rise. In addition, government initiatives such as the Smart Cities Mission and Pradhan Mantri Awas Yojana (Urban) and the increasingly adoption of smart, efficient, and environmental-friendly elevators are expected to contribute to the growth of the Indian lift and elevator market during the forecast period. Further more,the increasing demand for Automatic Rescue Device elevators is expected to fuel the market for domestic elevators in the coming years. ccording to market reports,India’s marketplace for elevators and escalators is expected to reach $2 billion by 2023.Besides the urbanization, the Cover Story This advancement and development in the lift and elevator industry would have never been feasible without the contribution of dominant industry players. Among them, Insights Success feels privileged to bring forth a tale of one such player, which came into operation when the industry and nation’s people needed it severely. We are talking about POWERCAB, an industry-leading firm, which is a

12. “Our vision is nothing but to provide our customer a better care for a better business” prominent name when it comes to offering adequate lifts and elevator services in India. Established in the year 1991 with headquarters in West Bengal, the firm has been serving the nation for 29 years. With over 5556 elevators currently running, the pioneer has installed different types of elevators in the major states of India including West Bengal, Jharkhand, Orissa, Tripura, Assam, etc. as well as in some of the major cities such as Ranchi, Cuttack, Bhubaneshwar, Puri, Siliguri,Alipurduar, Jamshedpur, Agartala,Seuri,Rampurhat (Tarapith), and many other locations including some of the SAARC countries (for example, Bhutan, Nepal etc) wide knowledge in the electricals and electronics field, Ashis set up his mind to do something right by society. Uplifting the Society Twenty-nine years ago, POWERCAB began with the most conventional single-speed lift. However, the vision was to go beyond and bring a modern trend in the industry. Subsequently, the organization quickly hired a group of Engineers in Research and Development for product development. POWERCAB’s this zest to modernize lift and elevator segment has resulted in its present position of being a market leader. With its massive efforts, today the firm has enabled itself to build high-speed lifts with all the latest features. Presently, the firm provides high-end lift and elevators including Manual Collapsible Door Elevator, Manual Sliding Door Elevator, Manual Swing Door Elevator, Manual Telescopic Door Elevator, Center Opening Auto Door Elevator, Scenic Elevator, and Escalators. On Right Time According to the firm, during the initial days of establishment, the lift and elevator industry was in the hands of multinational developer companies. The services were good enough, but the corporations used to charge a hefty sum for the services. Consequently, with the service charges being high, the accommodation of new homes and flats became unbearable for common people. The establishment of Powercab came into being to provide for these common people. Founder and Chairman, Ashis Sen introduced the firm with the belief to serve with the commitment of supplying lift and elevator services at a reasonable and bearable price for society. He asserts, “At that time, due to the bad economic condition of India and people neglecting to purchase properties, culminated in the real estate business performing inadequately and simultaneously, the lift industry being affected badly. We just realized; it was time for us to step in and provide for the people in need.” Being a well- trained technical person with having Since inception, POWERCAB has provided lift and elevator services at reasonable prices with quality, prompt deliveries, and manageable service rate. “This affected the business of other lift companies and as such, they tried to damage our company’s reputation. However, we were very strict about our commitment to the clients in regard to delivery and completion we were able to overcome all this hindrance.” says Ashis. The firm’s employed experts and experienced Engineers provide distinct solutions to diverse lift owners on their request. Lifts under POWERCAB’s maintenance have zero-to-none breakdowns and the firm claims to respond to calls within 5 pm and the rest in early hours the next day.

13. “We are an expert in the elevator business, and we know better care of elevators” Presently, the company is said to keeping its keen eyes on the industry and has set up a team of Engineers to look out for the latest market trends and innovations to be in line with all big and multinational companies. coverage, we have a substantial number of maintenance clients for our own products, however, we never maintain other brand elevators.” He continued, “POWERCAB is happy with POWERCAB USERS. The essence of the elevator business is to achieve a maximum number of maintenances which generates maximum revenues per month, which is a great support to run the business smoothly with all overhead expenses.” On the other hand, the profits brought about from the formation of new lifts are added to the capital every year, which according to the firm,are utilized to finance new productions. Stepping into the Clients’ Shoes Recognizing the needs of clients and competitive market, POWERCAB never fails to offer the best of services at acceptable prices when compared to other companies. This is accompanied by early deliveries and prompt fulfillment of the client's requirements and a promise of advanced backup assistance as and when requested by the client. Industry Acknowledgements POWERCAB, an ISO 9001:2015 accredited firm, has received numerous awards from organizations such as the Institute of Economic Studies and other esteemed bodies. Some of the awards earned by POWERCAB include the POWERCAB being a people-centric firm has been concentrating on quantity and accordingly regulating nominal profits. This benefits the company to obtain the largest AMC coverage every year. Ashis states, “Due to this AMC “POWERCAB users are much content with POWERCAB”

14. “We have been leading the industry for over 29 years” Udyog Ratna award in the year 1999-towards industrial development in West Bengal; Trans world gold star award in the year 1999- New Delhi-towards highest achievement in selling the product in the metro city Kolkata; Excellency award in the year 1999-towards designing and production; Gold Medal award in the year 2001-towards services and production; and Excellence award for extra ordinary achievements in India’s Development. Anirban Sen Director Shaping the Industry The company will continue to deliver the best of lifts and elevator service and uplift the society. Talking about future endeavors,Ashis told us that the firm will maintain International Standards of products and keep up with its competitive price and solid support of maintenance. With a visionary mindset and perceiving the industry needs and setting up milestones, the firm targets to achieve: • Center opening doors and other elevator/escalator spares, and manufacturing all the items and transactspares parts to other local companies of nearby states with a much-reduced price in comparison to the suppliers of Ahmadabad, Mumbai, Pune, etc. • Plans to install more sophisticated machinery at the earliest by December 2019 for mass production and quality of the products, matching that of Multinational companies • Revamped elevator cabins styles with more attractive designs and features compared to multinational companies • Addition of features to the microprocessors control panel for easy location of faults and better performance • Training technical staff everyday by well experienced and efficient engineers • Improvement of marketing network bythe establishment of franchisee within and outside the states in eastern part of India • A plan to open four showrooms for elevator products like car dealers, etc. by 2020 in Kolkata • Plans for change in shift timings for 24hrs maintenance network • Reducing AMC costs compare to multinationals Passing the Path of Excellence Revealing the secret mantra, Ashis guides upcoming young entrepreneurs by stating, “Have at least 8/10 years solid technical experience in this field and capable to develop the product time to time as per market demand with a sophisticated production unit equipped with modern automated machine, etc. and solid marketing network and solid support of maintenance.” Not only this, but a whole lot of entrepreneurship, commitment, and responsibilities towards society can be learned from Ashis and POWERCAB.

16. HYDRO FABS Pioneer in Hydraulic Lift Manufacturing Since 1995 Salim Chinwala & Mustafa Metawala Founders Hydro Fabs I revolutionizing the urban vertical development sector in India. With the help of the latest technological advancements and smart tools, Hydro Fabs is spearheading the space of moving and shifting materials in a n the following interview with Insights Success, Hydro Fabs describes how it is on the path to 14 December 2019|

17. Interview With Insights Success dynamic way. Its innovative solutions are disrupting the market and the customer-centric approach of the company is resulting in customer satisfaction to the best extent possible. Read how Hydro Fabs is creating a benchmark in the lifts & elevators space of the country. industries, hotels, hospitals, parking systems, and logistics. Our Main Products are: 1. Hydraulic Scissors Lifts 2. Hydraulic Goods Lifts 3. Hydraulic Car/Bike Lifts 4. Hydraulic Car/Bike Elevators showrooms, industries, etc. The only choice left for people is to have more vertical space and that’s where we come into the picture. We provide solutions for transporting goods from one floor to the other with no restriction in terms of size, height, capacity, and safety. And we also provide complete customized solutions so we can cater to the masses and produce equipment suitable specifically for a client. 2) Brief us about the featured person(s) or the company’s Founder/CEO. “For us, Quality means - Safety, Energy-Efficiency, Durability, and Smooth Transportation” Ans:In 1995, two partners met with a vision of making cargo transportation simple and efficient, that’s how Hydro Fabs was born. Twenty-Five years later, we are still driven by the most exacting standards, constantly encouraging our designers to challenge the constraints of the modern world and produce ideas that others would deem impossible. It is this drive and devotion that has led Hydro Fabs to be widely acknowledged as ‘The Best Cargo Lift Manufactures’ 1. Brief us about your company. What kind of Lift & Elevator Solutions/Services/Products are offered by your company at par with the current industry standards? 4) What motivated you to become a Lift & Elevator Solution Provider? Ans:The inspiration to become a Lift & Elevator Solution provider comes from our past when we used to be small manufactures of trolleys and the other small material handling equipment. We decided to do research on the then market situation (1994-95), and we found that there were no local manufacturers providing customized lifting solutions. That’s when we did our study and now we are driven by our mission that is - “To manufacture the best quality lifting solution and provide uncompromised service and to simplify the material handling process for our clients.” Hydro Fabs is a 2year old company based in Bangalore, Ans: We manufacture, export and supply a broad range of Hydraulic Lifts. Ever since our inception in the year 1995, the company has grown consistently and today we are a 3 million dollar enterprise. Our hydraulic lifts are suitable for all types of heavy material handling requirements. Our company keeps pace with the latest technology and world-class infrastructure. We are constantly looking at expanding our production facility in order to cater to the growing demands of the domestic as well as international market. Currently, our production facility is spread across an area of 40,000 square feet. We follow stringent quality control measures at every stage of production. Our entire production unit is divided into various departments and is managed by a team of 100 plus employees. We have departments like administration, marketing, purchase, production, accounts, human resource, and after- sales service. Salim Chinwala & Mustafa Metawala (Founders - Hydro Fabs) The promoters are from a very humble background. Around 30 years ago, they themselves worked day and night and used hammer and chisel to cut steel. They understand the problems faced by different business organizations, hence you can depend on them for quality product and swift after-sales service. 5) Which strategies do you follow to remain competitive with continuously evolving technologies and trends? How are you shaping the company to stay unique? Ans:We have a highly proficient and adept R&D department that constantly updates any new technology that comes into the scenario and provides training to our employees regarding the same. We also take part in various exhibitions which help us to increase our knowledge about the new technologies and trends that come into the market. The only recipe for staying relevant and competent in this highly 3) Describe the current scenario of the Lift & Elevator Solution Industry, in your opinion. Ans: The current scenario of Lifts and Elevators with reference to specifically the ones that are made for goods transportation seem to be at an all-time high. Since India is a rapidly developing country, there seems to be no horizontal space for builders and architects to design factories, Our lifts are used in automobile showrooms, garages, food processing 15 December 2019|

18. competitive market is to provide high quality and give uncompromised service, and we follow both of these religiously. We are and will always remain unique because no two of our products are the same. The amount of customization we can offer is incomparable and it will always keep us one step ahead of our competitors. 6) Where is your company going? What benefit your customers are getting from your company in this competitive world? Ans:Our company is always looking to expand both physically and technologically. We are constantly looking at expanding our production facility in order to cater to the growing demands of the domestic as well as international market. Our company has always had a client-centric approach, our customers know that if they need something customized and reliable they can depend on us. Certain equipment that we have made is 1stto the market and we are constantly updating ourselves to find better ways to utilize space and help our clients be more efficient in terms of material handling. We help our customers find solutions when most people would deem it impossible. 7) Can you brief us about the company’s vision for the future? Ans:We as a company have always had the thought of growing with our clients, we provide solutions to make your process more efficient and at the same time you help us grow. In the future, we will be looking to improve our quality to the highest degree and be known as the most reliable Goods Lift/Car Lift and Elevator products & services providers in the world. 16 December 2019|

20. 10 ELEVATOR Solution Providers Most LIFT & Trusted T h e Aegis Elevator Private Ltd Contributing Significantly towards a Fast Paced Future T expected that the country’s elevators and escalators market will cross $2 billion by 2023. Moreover, the growing number of residential and commercial buildings have also provided the scope of development in this industry. Various government housing initiatives have acted as a catalyst in the adoption of smart, fast, and environment-friendly elevators. The top players in the lift and elevator solution arena are providing the best-in-class facilities to the customers, to ensure a lasting experience. he Indian elevator industry is growing steadily, owing to the rising urbanization. It is accordance to the deliverables. AEPL believes in offering the customers a new aegis of friendly technology. special equipment like flameproof 5. Velox – Hydraulic lift – for bungalows & special application 6. Structural hoist way – perfect replacement for concrete hoistway 7. Dumb waiter – receipt of quick & reliable material movement 8. Verre – Panaromic Lift 9. Escalator – walkways & travelators 10. MOD – modernization of old lifts using latest technologies 11. Homelift – for bungalows and villas Wide Variety of Services Operating in the states of Gujarat and Maharashtra, the company offers various manufacturing and installation services for a whole gamut of urban establishments. These include offices, residential, commercial, healthcare, hospitality complexes, and other buildings. Through its precision engineering and highly evolved microprocessor technology, Aegis ensures its customers get elevators that combine the best options in safety, convenience, efficiency, reliability, and user-friendliness. Persistent Leadership Every successful company is backed by a dedicated front runner, who possesses a positive attitude and is focused to bring change through his/her loyal endeavors. They believe in working together with the team and achieving not only the organization’s goals, but also each employee’s objectives. These leaders never give up at the face of adversity; rather they face each situation with confidence. They are ethical, fearless, and constantly motivating everyone to achieve the best. Aegis is also led by a visionary leader, Mr. C.G. Purohit, the CEO of the company. He is an electrical engineer with rich knowledge and experience One such frontrunner in the elevator industry is Aegis Elevator Private Ltd (AEPL). Established in 2011 by a group of technopreneurs, the company provides world class, energy-efficient, and environment- friendly mobility solutions. The company started with a preparatory phase‒ an intensive know-how gestation period that lasted years. In this phase, mobility technologies, installation issues, and maintenance challenges were studied threadbare. Eventually, it made various improvisations and innovations with significant improvements with Some of its different offerings are mentioned below: 1. Cito – MRL Passenger Lift – without machine room up to 26 passenger & above 2. Vita – Passenger Lift – with machine room up to 26 passenger & above 3. Viva – Hospital Lift – all type of stretcher elevators 4. Faz – Freight Lift – up to 10000kg goods elevator & also 18 December 2019|

21. of 37 years in the field of elevators and escalators. Mr. Purohit helps the company at every stage of the business process, owing to which, it has been able to bring optimum quality products for the clients and has made a strong presence in various cities. Focus on Attaining Excellence The company lays emphasis on the philosophies of knowledge sharing and problem sharing. The 24x7 Customer Care Cell receives the calls of every client to understand the technicalities of their problems. It is then redirected to the right service & maintenance teams– they have the expertise to determine whether the call should be routed to the round- the-clock back-up service, or to specialist field engineers. Accordingly, the team receives sufficient information about specific problems of each patient. This helps them to solve it in the quickest possible downtime, banking on their technical know-how and on-field experience. Mr. C.G. Purohit CEO “We strive and exceed customer expectations at all times” Aegis’s technical and engineering teams are provided continual training and upgrade. It follows the stringent quality and performance guidelines of the company. Superior workmanship, rigorous supervision of installation, meticulous testing and adjustment, and optimum performance minus excuses are the hallmarks of the company’s own perception of Total Elevator System Solution expertise. Even after solving the technical aspects, the company feels that its services are up to the mark, only after seeing the smile of satisfaction on the client’s face. their exact requirement. Before any sales proceedings, the company provides consultation, giving total idea about the pros and cons of the products selected. One of its key features is excellent after sales service. The company also provides the best modernization solution and delivers quality product without any compromise. The company conducts maintenance and stringent safety check-ups to ensure the reliability, durability, and performance of elevators. This assists in the reduction of operation, repair, and downtime costs, and ensures excellent user experiences across longer time frames. As a part of the Aegis maintenance regimen, experienced service engineers conduct comprehensive inspections and technical surveys (to determine running efficiency and reliability) of the equipment routinely. Employing latest technologies allows AEPL to stay ahead of the competition, while maintaining flexible schedules. It delivers quality elevators with a license approved by the government. The company ensures on time installation and does not differentiate with its customers. It marches ahead with the objective of building trust and behaving responsibly to ensure customer satisfaction. Standing Tall among the Competition AEPL primarily aims to ensure safety of the customers. It conducts various interrogations and meetings to understand 19 December 2019|

22. Different Elevators Various Types of ELEVATORS, Facilitating Ease in Moving E equipment from one floor to another. This device helps to move the number of persons or freight between floors of a building with ease which ultimately saves the human energy required to transfer these heavy materials. levator or lift is a transportation device that helps to move the people, heavy materials or The elevators have a life run of 30-40 years which is supervised and maintained by the manufacturers for its smooth functioning. Timely servicing and maintenance of the elevators is necessary to avoid any uncertainties or accidents in day to day routine. There are various types of elevators or lifts available in the market with different designs and usage which helps the people to manage their activities. All of this without putting much effort which ultimately saves their time and energy. Freight Elevator 1 Below is a summary of the few elevators and its usage accordingly: • Passenger Elevators: Passenger elevators are designed to move a person or number of persons (between the assigned capacity) from one floor of the building to the other floor. Nowadays we find many multi-storey buildings with huge heights. Elevators are the source that makes the day to day routine of the people easy and also saves the time and energy Vehicle Elevator 20 December 2019|

23. required for climbing up through the stairs. Passenger elevators include residential elevators which assists in carrying from one person to several people. Wheelchair elevators or platform elevators are typically designed to move a person having a disability from one floor to another. There are lifts also known as Express Elevators which do not operate for each floor but it operates from ground floor to sky lobby to a range of floors, skipping the floors in between. Orchestra Elevator • Freight Elevators: Freight Elevators are generally designed to carry heavy materials and equipment from one floor to another floor of a multi-story building. It has a huge capacity which makes it easy for transportation of heavy materials. Passenger lifting through these elevators is generally prohibited as they are designed for lifting of heavy materials. Electric freight elevators are more energy-efficient than the hydraulic freight elevator. Sidewalk Elevators • Sidewalk Elevators: Sidewalk elevator is the type of freight elevator that is often seen outside the building. It is used to transport the material between the basement and the ground floor area. • Stage Elevators or Orchestra Elevators: Stage elevators are specialized elevators that are generally powered by hydraulic which helps in raising and lowering the entire section of the stage. Orchestra Elevators are powerful enough to raise and lower the entire orchestra set up. • Vehicle Elevators: Vehicle Elevators has the huge capacity of moving the vehicle or car into the parking garage or say manufacturer storage. Stage Elevators Earlier, the buildings used to have less storeys or floors, likely upto 6 or 7 floors maximum. Nowadays, due to modernization, it is observed that the buildings with more than 10 floors in the urban areas and metro cities have increased the standard of living of the people. A person buying a house has his/her preference towards the higher floor which provides him the top view of the city and other relevant factors also influence their purchase decision. This has simply become easy due to the use of elevators which has put an addition to the comfort while making it a solution that is energy efficient and beneficial for people in a lot of ways. Passenger Elevator -Tejaswini Whaval 21 December 2019|

26. 10 ELEVATOR Solution Providers Most LIFT & Trusted T h e KONE India Elevators A Pioneer in Eco-efficient Sustainable Solutions for Urban Development I equipment sold. The growth prospectus for vertical transportation business is very good and bound to increase as there is a lot of focus on ‘Housing for All.’There is a huge requirement of houses, commercial buildings by the people, and it is all due to the hike in natural urbanization. Even though the general slowdown in the real estate industry is proving to be a hurdle, it is considered to be short-lived as India is driven with growth. Also, all future policies of the government are aimed at scaling such said growth. India currently has the second-largest elevator and escalator market after China. ndian elevators and escalators market is about 50,000 units, which is for only new through its vast network of more than 50 branches. It provides sustainable People Flow solutions for India’s extensively growing urban environment. The firm employs over 5000 people in the country. KONE has launched a new range of I-series elevators based on the concept of Vaastu - five elements. The company stands for innovation and that is why the firm is working on integrating digital technology into its products. Although its main focus will continue to be on offering eco- efficient ‘People Flow Solutions’ with higher levels of comfort, control, reliability, safety, security, and energy conservation. Exhibition Distinction The field mechanics and KONE’s installation engineers are trained to meet its strong reputation for high quality and uncompromised safety in Chennai’s three training centers. Its global technology and engineering center in Chennai and Pune is a testing and research hub, which supports the latest technology and development of solutions for the future. The solutions from the company cater to all segments of the real estate market - residential, retail, hospitality, and commercial. “We at KONE, are positive about the growth and continue to invest in products, services, and facilities to meet the growing demand of our customers,” says the team of this esteemed organization. Service is the core competence when it comes to products like elevators or escalators. Approximately half of KONE’s business is service-oriented. “We lead the industry in producing world-class global quality vertical transportation equipment for all the needs as well as advanced maintenance services for the equipment,”enlightens the team of KONE. As a global leader in the elevator and escalator industry, KONE Elevators Indiaprovides elevators, escalators, and travelators, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. KONE has been disrupting the industry since its inception in 1984 and now has become one of the leading elevator companies in India. The Chennai based company has been serving customers from all over the country The firm ensures that the customers’ equipment performs reliably and safely. The Manufacturing process of its Supply Units aims at delivering to the right needs and requirements of the clients. The modernization services employed by KONE help customers in determining the status of the up-gradation for the equipment. All of this to cater a At the firm, the team makes every effort in anticipating the needs of the clients and help them in identifying the specifics of the installation straight from the planning process, maintenance to modernization. 24 December 2019|

27. lifetime of optimal operation with maximization of customers’ return on investment. “Our 24/7 KONE customer care center handles all queries and complaints guiding it to the concerned department and to the right people, promptly,” the team conveys. The success in service is not just about complaint handling but providing the right solution too. Amit Gossain Managing Director The Man who Made it All Possible Amit Gossain – Managing Director, KONE India Elevators took charge of the company on 28th September 2015. He has a rich professional experience of 25+ years across verticals like sales, marketing, business development, product management, and corporate affairs. His previous role as Executive Vice President was at JCB India Pvt. Ltd. There he was responsible for India as well as South Asian countries. Building the Future of India At KONE, safety has always been placed first. ‘Safety’ as a concern means more than just conforming to the local laws and norms for the company. KONE 24/7 Connected Services is designed to detect issues before they arise and reduce hazards by preventing accidents from taking place. Every Service Technician of the firm takes ownership of quality and is driven by continuous quality initiatives with proper training. “Our new state-of-the-art manufacturing facility in Sriperumbudur, Tamil Nadu will support the growth story of India and the neighboring countries as it will produce world-class elevators” The Indian government has facilitated various initiatives, that have been proved as an assisting factor or practically a boost for housing and infrastructure channel of the industry. KONE has been especially benefitted from such initiatives as now it enjoys more than 20% of its market share in India. It envisages individual growth along with the expansion of the urban development industry. With steps from the government like Housing for all by 2022, the company is expecting a number of residential projects coming on board in the next few years. To meet such growing demand, KONE has set up a new factory in Tamil Nadu with increased manufacturing capacity. This state-of-the-art manufacturing facility will support the growth story of India and the neighboring countries. It will produce world-class elevators and aptly back the firm’s strategy of ‘Winning with Customers’to offer the highest safety standards, excellent quality using the best of machines and technology. 25 December 2019|

28. INFLUENCE OF TECHNOLOGICAL ADVANCEMENTS ELEVATOR INDUSTRY T helped human beings prosper in many ways. The growth of a business or an economy as a whole is considerable after the advancement in technology. It has made numerous things digital and easy to access. Many people are dependent on technological applications these days. It has a large impact on human life. Technology has its influence on various industries. And one such industry is the elevator industry. Since 2017, the elevator ON THE echnology plays a major role in our lives. In the recent years, many things have changed due to technology. It has 26 December 2019|

29. Elevating Lifestyle industry has been busy growing and transforming itself. The elevator industry is gearing up to step up a notch. Elevators are said to be the most frequently used mode of transport for moving inside buildings in the world. Innovations and Technological Advancements A modern day elevator consists of a cab or car mounted on a platform within an enclosed space called a shaft or sometimes a ‘hoistway’. In the past, elevator drive mechanisms were powered by the steam and water hydraulic pistons or by hand. A vast transformation can be seen in the design, working, structure etc of the elevator now. Here are some of the technological advancement stories of the recent past: Smart Elevators: As skyscrapers continue to rise to dizzy heights, elevator manufacturers made adjustments in order to safely and quickly transport the passenger. Smart elevators are among the new wave of advancement. These elevators use smart technology to create more efficient ways in transporting passengers, especially during rush hours in the office buildings. They can also be programmed to work differently at different times of the day and according to the traveling habits of the passengers. Internet of Things: Internet connected elevators are the commonplace. These elevators work based on sensors. The sensor gathers data about usage and other factors, to analyze the wear and 27 December 2019|

30. tear on the parts and machinery of the elevator. This information is retained in the cloud-based platform to predict when maintenance will be needed. This allows technicians to predict future problems and solve them before they become cumbersome. These devices are making maintenance easier, cheaper and less labour oriented. could help them manage and operate the building more efficiently. Another aspect being considered is to make elevators with a sleep mode. There are certain hours in a day where the elevator traffic is not much. During these timeframes some elevators could be put to sleep. This could save energy and reduce the electricity expenses of the building. Virtual Reality Diagnosis: There are thousands of configurations and millions of parts in the elevators, which make a repair difficult to find. However, with augmented reality, technicians can dig into the problems on site or even before getting to the site. Mechanics can diagnose a problem without risking their lives by dangling from a lift shaft or climbing several floors. The technician simply have to put on the glasses and use hand motions to explore the machine and its parts in more depth. The view on the headset can be widened allowing the use to do virtual walk throughs to look for exact places that require repairs. Emergency elevators are awaited in the near future. Elevators are said to be avoided during any mishap. The occupants are in huge masses and it becomes difficult to evacuate. Such elevators unlock a stunning amount of potential safety improvements for buildings. The existing elevators could be upgraded with the new codes to fit the emergency evacuation system also. There are major innovations and advancements happening in the industry. This has changed the overall face of the elevator industry. It has made vertical transport easy and smart in the past few years. It is an exciting time for the elevator industry. The next wave of emerging technological advancements in the industry will bring a substantial change to the elevator game. Every year is getting bigger and better. As the technology evolves, the elevators, their maintenance, their upgradation etc. will also evolve simultaneously. Awaited Advancements in the Industry A leading company in the industry is working on a new technology which intends to make an elevator independent. The technology is trying to eliminate the use of cables in elevators, allowing it to travel vertically and horizontally through shaft loops within the building. Some elevators are also being designed to give real-time insights to building owners wherever they are. This -Varshita Gupta 28 December 2019|

32. 10 ELEVATOR Solution Providers Most LIFT & Trusted T h e OTIS India Shaping the Future by Moving People T efficient technologies to support urban growth. Urbanization drives an increased need for housing, and the elevator industry plays an important role in supporting its growth. Future cities and developing economies hold a lot of potential for infrastructure growth. Therefore, urbanization is a major driver for the elevator segment in India. Approximately 340 million people, or 30 percent of the country’s population, currently live in cities. According to a recent independent report, by 2030 it is expected that cities will house 590 million people or 40 percent of the population and that India will have 68 cities with populations of more than 1 million. he Indian government’s Smart City initiative is on the path of fueling the need for smart and Petronas Twin Towers, and the Burj Khalifa also. waiting time. Otis realizes that there is a need to deliver a faster response time enabling efficient passenger journey which has become very critical nowadays. The team at Otis states,“We address and balance these two components through CompassPlus™ destination dispatching to optimize time to destination and support more predictable waiting times.” In 1892, Otis India had installed the nation’s primary functional elevator in Raj Bhawan, Kolkata. The company’s incorporation year in the country was 1953. It operates via various regional offices throughout the nation in cities like New Delhi, Mumbai, Bengaluru, Kolkata, and Pune. Otis India has a service network that excels at providing 24/7 service and support in major metropolitan areas. Otis India’s services portfolio includes 80 different channels of service centers covering cities which are more than 300 in number. The company has the largest maintenance base in India. Using patented Otis technology, the system constantly evaluates real-time passenger traffic to improve flow and travel time in busy mid-and high-rise buildings. Its functionality is subtle and instead of using standard hall calls buttons, passengers get to enter their specific floor in the Compass fixture. The system identifies the floor on which a particular passenger wants to travel to and assigns passengers with similar travel patterns or the ones who are traveling to nearby floors, the same car. This process minimizes the number of stops per trip while significantly reducing car-crowding along with passenger wait and travel time. Building Possibilities Taking a cue from the numbers and statistics mentioned above, Otis Elevator Company is one of the world’s leading elevators, escalators and moving walkaways solution provider is all set to retain its current mantle. It moves almost 2 billion people a day. It maintains more than 2 million elevators and escalators around the world. The company has one of the industry’s largest service portfolios. Founded by Elisha Otis in 1852, the firm is headquartered in Connecticut, USA. Otis has its elevators installed successfully in some of the world’s most renowned structures, such as the Eiffel Tower, Empire Estate Building, There are a lot of people migrating towards cities and the urban populace is increasing day by day. So, vertical expansion has become one of the go-to solutions for tackling the issue of living spaces especially the lack of horizontal one. “At Otis, we always have an eye on introducing technology that meets the needs of our customers; many of whom are interested in saving space and time,” conveys the team of Otis India. The timing is of utmost importance for the company due to the rapid urbanization taking place. This entitles the opportunity that Otis has for improving the passenger experience in terms of reducing the average Exclusive Product Line There are two products of Otis that are proven to be differential in the elevators market, Skyrise®, and Skybuild™. The SkyRise® system is designed for the world’s tallest buildings, which use the SkyMotion machine. It is considered among the 30 December 2019|

33. most energy-efficient systems on the planet. The system’s light weight makes it easy to install and its smaller footprint saves building space. The SkyBuild™ elevator helps the crews and materials get transported hassle-free & where they need to be quickly and safely, without a crane or an external lift. Also, it avoids the risks involved with exposure to any type of weather. SkyBuild’s unique hydraulic piston system enables it to climb one floor at a time as the building rises. Each climb can be accomplished between shifts, reducing the impact on operations. Once construction is complete, SkyBuild goes directly into service as a SkyRise elevator. The Burj Khalifa in Dubai uses Otis SkyRise™ elevators, which travel at 10 meters per second. Sebi Joseph President Also, Otis has introduced environmentally responsible elevators called Otis Gen2™ elevator with ReGen™ drive that captures the energy that would otherwise be wasted and feeds it back into the building’s power grid. As growth is fast-paced in cities, there is a huge focus on sustainable solutions. So, when the Gen2 elevator and ReGen drive is combined, it reduces the energy consumption by up to 75 percent under normal operating conditions when compared to conventional systems with non- regenerative drives. “Otis is positioned to deliver on India’s vertical transportation demands with its expanded facility in Bengaluru” Elevating Dreams In October 2015, Sebi Joseph was appointed President of Otis India. He is responsible for the overall leadership and strategy for Otis’ locations in India, Sri Lanka, Bangladesh, and Nepal. He previously served as the Managing Director of Otis India. Sebi has been with Otis since 1987. He started his career as an engineering trainee and spent 16 years in positions of increasing responsibility, including general manager of Karnataka operations. From 2003 to 2007, he was the President and General Manager of Otis Philippines. In 2008, he was appointed Director of Marketing, Sales and Communications for Otis’ locations in the South Asia Pacific and Gulf areas. “Otis is working to transform our business, and our industry, with innovations that better connect our people, products, and customers,” says Sebi. The company’s approach represents more than just a new technology or a single piece of equipment. It represents a commitment, by the entire Otis team, to combine movement and connectivity in new and exciting ways that align with the goals of the Smart City initiative.“We’re transforming our global service business to incorporate smart, connected technology that delivers proactive, quick and effective repair,” states Sebi in conclusion. 31 December 2019|