India is the second largest elevator market in the world, and the smart elevators market is estimated to grow at a CAGR of 14.8% till 2025.
Our commitment to growing this industry is set to get even bigger and bolder, with the expo Smart Lift and Mobility World (SLM) scheduled for February 2024. SLM was born of the experience of growing this sector for the India market. It fills the need for a customer-centric event for buyers such as builders and architects, where they can see the new solutions for parking, access control and mobility. SLM will showcase the modern, digitised solutions in this industry.
Our foray into this industry started with the International Elevator and Escalator Expo India in 2007. In 2015, we started Global Lift & Escalator Expo, a bi-annual event, to take the business to emerging markets such as Bangladesh and Sri Lanka.