Project News Detail
| Project No : | 191821 |
|---|---|
| Project Title : | Plans To Expand Elevators And Escalators Projects In India |
| Company Name : | Johnson Lifts Private Limited |
| Project Detail : | Johnson Lifts, elevators and escalators manufacturing company, is seeking to expand its footprint into Tier-III cities and rural parts of the nation The company, which has provided its solutions to 12 Metro projects and 27 airports and installed over 800-plus elevators in railway stations, further expects expand to its business as the country is expected to see a surge in infrastructure investments The company expects to register a growth of 15 percent in 2020 and is eyeing 20 percent growth next 2020 From two factories in 2009, the company has expanded to four factories in 2019 with a combined facility output of 16,000 lifts per annum. A new integrated, fully automated lift factory of Johnson Lifts is ready for production at a 1.4 lakh sq facility at Sengadu in Tamil Nadu. The factory will be able to produce an additional 6,000 lifts per annum An additional line for heavy-duty escalators has been installed at the factory in Oragadam in Tamil Nadu. This new line will be able to manufacture 600 escalators per annum The Metro Rail and the Railways have awarded the company contracts worth Rs 673 crore to manufacture and install 828 escalators and 365 lifts for stations in Mumbai, Kolkata and Bengaluru. For the upcoming inter-terminal airport project in Chennai, the company will install 50 escalators, 41 lifts and 12 moving walks |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |