KONE: Commissions World-Class Elevator Manufacturing Facility in Tamil Nadu, India

KONE: Commissions World-Class Elevator

Finnish company KONE has over a century-old rich history of enhancing People Flow and has become leading company with innovative, safe, and eco-efficient solutions in elevator and escalator industry across the world. In a bid to consolidate its manufacturing operations and to gear up for the emerging business avenues in India’s infra sector, KONE has set up a hi-tech, modern factory for manufacturing elevators in India at SIPCOT Industrial Park in Pillaipakkam, Sriperumbudur near Chennai, at an investment of ₹450 crore.

The elevator manufacturing facility was inaugurated by Thiru Banwarilal Purohit, Hon’ Governor of Tamil Nadu in the presence of H.E. Pekka Haavisto, Hon’ Minister for Foreign Affairs of Finland, Thiru M. C. Sampath, Hon’ Minister for Industrial Department, Govt. of Tamil Nadu, Antti Herlin, Chairman, Henrik Ehrnrooth, President & CEO, Axel Berkling, EVP APA from KONE Corporation and Amit Gossain, Managing Director, KONE Elevator India. Employing around 600 people, the new facility can be upscaled to increase capacity as per market demand.

Spread across 50,000 sqm, the facility is equipped with the latest production technologies, reinforcing KONE’s strategy to provide the most competitive, highest quality products with a short delivery time. KONE will also export the elevators to neighbouring countries like Nepal, Bhutan, Bangladesh and Sri Lanka. Expressing his pleasure that KONE had chosen SIPCOT Industrial Park for the facility, Chief Guest Thiru Banwarilal Purohit stated, “We welcome this project from KONE Corporation, which brings high-end technology solutions and jobs to our nation.”

Said H.E. Pekka Haavisto, “India and Finland share a dynamic commercial relationship with exports and imports showing substantial annual increases. India is one of the fastest growing economies and Finnish companies actively participate in the economic development. Indian IT businesses are also establishing their presence in Finland.”

Thiru M. C. Sampath commented, “Tamil Nadu is among the most industrialised states in the country and ranks first among all states in terms of the number of factories and industrial workers. It is one of the most coveted investment destinations due to its strategic location, conducive business environment, advanced infrastructure, positive governance and sound ecosystem. With KONE setting up this state-of-the-art factory in Tamil Nadu, I am looking forward to a better future for Tamil Nadu’s economy.”

KONE: Commissions World-Class Elevator

KONE’s new facility is designed as per Indian Green Building Council (IGBC) norms, and built for improving performance across all the metrics that matter most such as energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.

According to Henrik Ehrnrooth, “The expanded facility will help KONE to cater better to our customers as well as meet the demands for a growing elevator market in India and in the neighbouring countries. To help our customers’ businesses become more sustainable, our new facility has been designed to support stringent sustainability and energy efficient operations.”

He added, “Our ‘Winning with Customers’ strategy continues to focus on helping customers succeed in their businesses. Together with the expertise at our Technology & Engineering Centers in India, we have brought innovations closer to customers. KONE has been recognized by Forbes as one of the world’s most innovative companies 7 times in the past decade. From our first MonoSpace elevator which revolutionized the industry, we have continued to break new boundaries. KONE 24/7 Connected Services, launched last month in India, is another example where we use technology, IoT and analytics in maintenance.”

Innovation has always been a strategic imperative for KONE and developing technology is an integral part of the company’s commitment to improve the flow of urban life. Said Axel Berkling, “At KONE, innovation means sustainability and making better use of energy and resources to improve customer experience. For users, it means a better, personalized journey from access to the elevator/escalator to the destination. We all know that technology adoption in India is quite high and the new factory will play a key role in delivering world class quality solutions in line with the requirements of the market.”

KONE: Commissions World-Class Elevator

He added, “Over the last 20 years, the economic growth in the Asia-Pacific region has been exceeding that of other regions. Rapid urbanization and adoption of new technologies has attracted a lot of investment into this area. India is the second largest New Equipment market in the world and is continually growing. The opportunities are vast as the country is in a fast pace of urbanization.”

He Informed that over the recent decades, digitalization has transformed the world economy into a more integrated, complex and dynamic eco system. The emerging Asian economies have been active participants in this new wave of change and the region is being transformed by the rapid adoption of technology. “The need for smarter and advanced solutions is on the increase in this region and globally we have the maturity and the expertise in delivering the best technology to the customer. Solutions are not just about products, but also services. We now need to make sure that we delivering them to our customers with speed and efficiency.”

India is the second largest market for KONE elevators by volumes, after China. The residential market makes up about 65-70 percent of the company sales and the rest by hospitality and other commercial projects. The upcoming affordable housing and other commercial projects, along with smart cities and metros are expected to push demand for elevators and escalators. Emphasising on the need to focus on supporting India’s increasing urbanization with breakthrough technology, Amit Gossain informed that the new facility will aim at leveraging digitalization opportunities and speeding up development in a changing business environment. It will tap new ways to improve customer and user experience as well as the quality and productivity of KONE’s operations.

KONE: Commissions World-Class Elevator

“India’s elevator market is estimated to be 50,000 units of only the new equipment sold with the escalator market pegged at 2,500 units a year. Our future-ready factory is well equipped to meet the growing demand, with increased manufacturing capacity. It is the largest in India, South and South East Asia. We also invest a lot in R&D and create expert manpower for providing operation and maintenance services. We have over 5000 direct employees and a large number of indirect employments through subcontractors, suppliers and partners, who innovate together to deliver the best results, Supporting the mission of Make-in-India, this factory will enable KONE India to further step up exports to other markets and generate employment based on demand,” he added.

NBM&CW December 2019

Click Here
To Know More / Contact The Manufacturer
Please provide your details we will contact you as soon as possible
Please let us know your name.
Invalid Input
Please let us know your Designation.
Invalid Input
Please let us know your City.
Please let us know your State.
Please let us know your Country.
Please let us know your Contact Number.
Please let us know your email address.
Please brief your query.

thyssenkrupp Elevator sets up central spare parts warehouse in Pune

thyssenkrupp Elevator has launched its first central spare parts warehouse in Pune. The new-state-of-the art warehouse will further improve services for customers operating in domestic and neighboring markets of Bangladesh Read More ...

KONE India continues to expand in Eastern Market

KONE Elevator India is further strengthening its position as a leader in innovation and safety in elevatoring systems, with a focus on the eastern market of India, where it is setting up more customer service centres Read More ...

Toshiba - Building Solutions - Elevators & Air Conditioners

Buildings have an unavoidable impact on everything we do in our lives. Today, the buildings are evolving to be more efficient, reliable and safe. The architects are trying to create a bright, functional, and well-planned building Read More ...

The next level of elevatoring will be digitalization

India is the second largest market for elevators and escalators in the world according to analysts. As is the trend worldwide, people automatically gravitate towards cities because of the opportunities and potential they hold Read More ...

Toshiba Johnson Elevators Committed to safe & efficient vertical transportation

Toshiba Johnson Elevators (India) Pvt. Ltd. (TJEI), a joint venture of Toshiba Elevator and Building Systems Corporation and Johnson Lifts Pvt. Ltd., provides world class, energy efficient and safe vertical transportation systems Read More ...

Skybridges, Test Towers and Innovations - thyssenkrupp sets the Tech Trends and Highlights for 2020

What will 2020 bring for the technologies that disrupt - or even - revolutionize industries? “Que será, sera?” as the famous song goes, for indeed, the future is hard to predict. But sometimes, there are exceptions. As in the case Read More ...

KONE’s Smart Solutions for Smooth People Flow

KONE India is working closely with its customers, suppliers, strategic partners and research institutes in order to provide optimum people-flow solutions and experiences. Amit Gossain, Managing Director, KONE Elevator India Read More ...

Elevatoring in Highrise Buildings Needs Specialized Approach

Amit Gossain, Managing Director, KONE India, Sebi Joseph, President, Otis India, Manish Mehan, CEO- thyssenkrupp Elevator (India), and Mr. Junichi Kyushima, Managing Director, Toshiba Johnson Elevators (India) Pvt. Ltd. share their views Read More ...

Challenges to Elevatoring in India

The 146.6m high Pyramid of Khufu (also known as Pyramid of Giza) in Egypt, completed in 2570 BC, and the 122m high Jetavanaramaya in Sri Lanka on the Indian sub-continent completed in 301 AD stand testimony to man’s tall ambitions Read More ...

International Sourcing Exposition for Elevators & Escalators 2020

The first edition of the biannual International Sourcing Exposition for Elevators & Escalators 2020 (ISEE) is scheduled to be held from 6 - 8 May 2021 at Hall 4, at Bombay Exhibition Centre in Mumbai. The first edition of ISEE Read More ...

ATG: Innovation and performance

Alliance Tire Group (ATG) presented outstanding tire innovations for a wide range of machines from backhoes and skid steer loaders to excavators, heavy loaders and forklifts. Amongst other best-selling Alliance and Galaxy treads Read More ...

KONE: Making the Impossible, Possible at Beijing’s Tallest Building

The world’s cities are changing rapidly & skyscrapers are redefining our skylines. And at the heart of the Beijing city stands “China Zun” – A 528 (1,732 ft) meters high tower in Beijing comprising of 108 floors. The tower is a supertall skyscraper Read More ...

Elevators: Driving Urban Mobility

Elevator manufacturers are developing technologies that enable higher performance, greater safety and comfort, and higher energy efficiency in the design and development of their elevators. They are also catering to Read More ...

KONE India - launches new elevators for the mid-range segment with visuals inspired by the Navratna

Leading elevator and escalator manufacturing company KONE India has new elevator offerings: KONE U MONOSPACE® and KONE U MINISPACE™ for the mid-range segment, and launched Read More ...

Elevators & Escalators - Manufacturers focus on Expansion, Technology & Service

India's leading elevator manufacturers are undertaking massive capacity expansion and targeting 8-10% sales growth this year on the back of likely revival in the real estate market after the implementation of RERA and GST Read More ...

KONE N MiniSpace™ for Tall Buildings

As urban India continues to grow and bourgeon, the need to enhance people flow movement is constant and immediate. Kone incorporated valuable feedback received from customers and has relaunched Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week