The Indian elevator industry is experiencing tremendous growth spurred by a confluence of factors such as rising urbanization, extensive infrastructural development works, the creation of smart cities, and more. The market, which was valued at $3.94 billion in 2022 is anticipated to reach a market size of $7.16 billion by 2029, marking a CAGR of 8.9 percent. The sector is being governed by innovations like IoT and advanced tech integrations, real-time monitoring capabilities, as well as improved user experiences, which are being incorporated into elevators for greater performance and reduced downtime instances.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Elevators & Moving stairways Manufacturers - 2024" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Nidhi Gupta, Country Manager & Managing Director
Cibes Lift India
A one-stop partner for all elevator and lift needs, also offers product customization options to accommodate the particular needs and preferences of varied clients and even provides training & support to clients
Antony Parokaran, CEO
Eros Elevators & Escalators
Specializes in manufacture of a wide range of elevators which includes, gearless machine room-less elevators for passenger, hospital, home, automobile & freight environments
Jyoti Thakuria, Director
JT Group
The company is elevating vertical transportation with Japanese precision and innovative technology, also offering elevator installation, maintenance, and repair services, covering various sectors
Hakim Lakdawala, Managing Director
Marconi Elevator
With over decades of experience in installing special purpose custom designed elevators, hospital elevators, freight elevators, dumb waiters and passenger elevators
Vishal Shilimkar , Founder Director
Prime Lifts
Offers a diverse range of elevator solutions to optimize vertical transportation, also excels in residential elevators & home lifts provide enhanced accessibility and convenience, delivering a seamless and luxurious experience
Seby Francis, Managing Director
Rosh Elevators
With over 20 years of experience in vertical transportation for residential elevators and beyond, providing services to a wide range of industries such as Automotive, Pharmaceutical, Healthcare, and Hospitality
Bindu Reddy, Managing Director
Salzgitter Lifts
Leveraging cutting-edge technology and unwavering commitment to quality for customized vertical transportation solutions for diverse urban landscapes, with over 30 years of engineering prowess and expertise in lift manufacturing
Ruchir Oza, Founder & CM
Solvo Elevators
A Prominent company in the field of lift manufacturing with extensive experience in the elevator maintenance, energy consultant for elevators, and project consultants
Manish Mehan, CEO & MD
TK Elevator
Provides a comprehensive range of mobility products and services, including passenger, freight and panoramic elevators, for both low and high-rise properties
V Varghese, Founder & CEO
Zion Lifts
With an expert team of elevator designing and manufacturing, the firm is involved in the designing, manufacturing, supply, erection, and installation of a wide variety of lifts
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