Welcome to our exploration of the top 10 elevator companies in India. In a rapidly urbanizing world, elevators play a crucial role in modern infrastructure, enhancing accessibility and convenience.
From high-rise buildings to shopping malls, the demand for reliable and efficient elevators is ever-increasing. This blog will guide you through the leading companies that are setting benchmarks in the industry.
We will delve into their innovative technologies, commitment to safety, and customer satisfaction levels. Each company has its unique strengths that contribute to making vertical transportation smoother and safer.
Discover the world of vertical transportation as we unveil the top 10 elevator companies in India, where innovation meets safety and quality.
Top 10 Elevator Companies In India
1. Epic Elevators Pvt. Ltd. - Best Elevator Company In India
Epic Elevators Pvt. Ltd. is a private limited company based in Ahmedabad, Gujarat, India, established on June 12, 2017. The company specializes in the manufacturing of elevators and lift accessories, catering primarily to commercial buildings.
Company Overview
- Incorporation Date: June 12, 2017
- Type: Unlisted Private Company
- Industry: Manufacturing (Machinery & Equipment)
- Authorized Capital: INR 1.01 crore
- Paid-up Capital: INR 1.01 crore
Financial Performance
For the financial year ending March 31, 2023:
- Operating Revenue: INR 1 crore to INR 100 crore
- EBITDA Growth: Increased by 32.44% from the previous year
- Net Worth Growth: Increased by 204.12%
- Debt/Equity Ratio: 4.02
- Return on Equity: 67.12%
The company has reported a strong financial performance, indicating significant growth in both revenue and profitability metrics.
Directors
Epic Elevators Pvt. Ltd. has two directors:
- Hiren Harsukhbhai Bathani - Longest-serving director, appointed on June 12, 2017.
- Vyom Chowdhary - Appointed on June 30, 2019, and holds directorships in four other companies.
Services and Products
Epic Elevators focuses on developing automated lift solutions that are energy-efficient and suitable for various building types, including those with limited space and high energy consumption. Their products can potentially save up to 60% in energy costs compared to traditional elevators. The company emphasizes customer service with a commitment to providing 24/7 after-sales support through a team of experts and technicians.
2. KONE Elevator India Private Limited - Best Lift Company In India
KONE Elevator India Private Limited is a prominent player in the elevator and escalator industry, established on June 12, 1984. It operates as a private subsidiary of a foreign company and is based in Kancheepuram, Tamil Nadu. Here are some key details about the company:
Company Overview
- Incorporation Date: June 12, 1984
- CIN: U29141TN1984FTC010913
- Company Status: Active
- Authorized Capital: ₹927.6 million
- Paid-up Capital: ₹349.47 million
- Industry: Manufacturing of elevators, escalators, and automatic building doors, along with modernization and maintenance services.
Location
Registered Address:
50-55 & 58, Vanagaram Road, Ayanambakkam,
Chennai - 602102, Tamil Nadu.
Operations
KONE Elevator India is involved in the manufacture and sale of elevators and escalators. They also provide maintenance services to ensure the longevity and efficiency of their products. The company is part of KONE Corporation, which has a global presence in over 60 countries and employs more than 60,000 people worldwide.
Financial Performance
As of the latest reports:
- Total Revenue: Specific figures are not disclosed but the company maintains a significant presence in the market.
- The company is unlisted but has shown consistent activity in its operations since its inception.
KONE Elevator India plays a crucial role in enhancing urban mobility through its innovative solutions tailored to modern building needs.
3. Otis Elevator Company (India) Limited - Best Elevator Company In India
Company Overview
Otis Elevator Company (India) Limited is a leading provider of vertical transportation solutions in India. With a rich history and extensive expertise, the company is committed to delivering innovative and reliable elevator systems tailored to meet diverse customer needs.
Location
Based in India, Otis Elevator Company operates across various regions, ensuring accessibility and support for its clients nationwide.
Services and Products
Otis Elevator Company specializes in a range of services and products designed to enhance mobility in buildings. The key services provided include:
- Installation of elevators and escalators
- Maintenance and modernization of existing systems
- Consultation for vertical transportation solutions
- Emergency repair services to ensure safety and reliability
- Custom solutions for residential, commercial, and industrial buildings
With a focus on quality and innovation, Otis Elevator Company continues to set the standard for elevator systems in India.
4. ThyssenKrupp Elevator (India) Private Limited - Best Lift Company In India
Company Overview
ThyssenKrupp Elevator (India) Private Limited specializes in providing advanced lift solutions tailored to meet the needs of various sectors. The company is known for its innovative technologies and sustainable practices.
With operations across India, ThyssenKrupp aims to enhance mobility in urban environments.
Key Services
- Lift design and installation
- Maintenance and repair services
- Modernization of lift systems
- Consultation for vertical transportation solutions
5. Schindler India Private Limited - Best Elevator Company In India
Company Overview
Schindler India Private Limited is a prominent player in the elevator and escalator industry, offering high-quality products and services. The company is dedicated to improving urban mobility through innovative solutions.
The headquarters are strategically located to serve various regions across India effectively.
Key Services
- Elevator installation and modernization
- Escalator systems for commercial and residential use
- Comprehensive maintenance services
- Emergency repair services available 24/7
6. Johnson Lifts Private Limited - Best Lift Company In India
Company Overview
Johnson Lifts Private Limited is recognized for its extensive range of lift solutions designed for both residential and commercial applications. The company emphasizes safety, efficiency, and customer satisfaction.
Their operations span across multiple locations in India, ensuring prompt service delivery.
Key Services
- Lifts for residential buildings
- Lifts for commercial establishments
- Maintenance contracts for lifts and escalators
- Custom lift design services
7. Mitsubishi Electric India Private Limited - Best Elevator Company In India
Company Overview
Mitsubishi Electric India Private Limited offers state-of-the-art elevator and escalator solutions that combine technology with user-friendly designs. The company is committed to sustainability and energy efficiency.
Their presence in India allows them to cater to a diverse clientele with varying needs.
Key Services
- Elderly-friendly lift systems
- High-speed elevators for skyscrapers
- Sustainable escalator solutions
- Comprehensive maintenance services
8. Hitachi Lift India Private Limited - Best Lift Company In India
Company Overview
Hitachi Lift India Private Limited is known for its innovative lift technology that enhances safety and efficiency. The company focuses on delivering high-quality products that meet international standards.
Their operations are strategically positioned across India to ensure effective service delivery.
Key Services
- Lift installation and modernization services
- Sophisticated escalator systems for public transport hubs
- Crisis management support for lift emergencies
- Sustainability-focused consultation services
9. Fujitec India Private Limited - Best Elevator Company In India
Company Overview
Fujitec India Private Limited specializes in providing comprehensive elevator and escalator solutions. The company prides itself on its commitment to quality and customer service excellence.
Their operational framework allows them to serve clients efficiently throughout the country.
Key Services
- Elderly-friendly lift installations
- Sophisticated escalators for commercial spaces
- Lift modernization projects to enhance performance
- Around-the-clock maintenance services available
10. Omega Elevators Private Limited - Best Lift Company In India
Company Overview
Omega Elevators Private Limited is a leading provider of elevator solutions in India. With a commitment to quality and innovation, the company has established itself as a trusted name in the industry.
Location
Based in India, Omega Elevators operates across various regions, ensuring accessibility and convenience for its clients.
Services Offered
Omega Elevators specializes in a range of services designed to meet the diverse needs of its customers. The key services provided include:
- Design and installation of elevators
- Maintenance and repair services
- Modernization of existing elevator systems
- Consultation for elevator solutions tailored to specific requirements
- Emergency services and support
With a focus on safety and efficiency, Omega Elevators continues to enhance vertical transportation solutions across various sectors.