Hitachi Lifts bags orders worth 106 elevators

Hitachi
Adding to its order book in the elevator segment, Hitachi Lift India, a Japan-based company, has secured an order for 106 elevators and escalators from Phoenix Group in Hyderabad. This is the largest order for Hitachi elevators and escalators in India. The new installation market for elevators and escalators in India exceeds 50,000 units per year, making it the world’s second largest market, with a strong potential for steady growth. In January 2008, Hitachi had established Hitachi Lift India and installed a large number of elevators and escalators for luxury apartments, hotels and office buildings in major cities.

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