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INTERACTION  COVER STORY                             local market. India’s elevator market is uniquely driven by rapid

                                                               economic development and urbanization, operating a R&D centre
                                                               locally outlines TK Elevator’s commitment in serving and developing
                                                               tailored solutions for the Indian market.
                                                               In line with the emerging global trend toward designing and
                                                               constructing sustainable buildings and cities, TK Elevator provides
                                                               complete turn-key elevator products and maintenance solutions
                                                               that optimizes efficiency and reduces downtime. Our elevator
                                                               offerings for example, uses permanent magnetic traction machines
                                                               which allow us to bring to market energy-efficient high-speed and
                                                               high-capacity solutions for high-rise buildings. We also offer an array
                                                               of modernization solutions for older elevators and escalators, which
                                                               is designed to give not only our own products but also those made
                                                               by third-parties a complete and more energy-efficient makeover.
                                                               Designed with sustainability in mind, we also offer highly-efficient
                                                               moving walks that provide advanced mobility solutions inside
                                                               and between major infrastructures. Moving walk networks provide
                                                               an emission-free solution for airports, railway stations and central
                                                               business districts.

                                                               Your strategy to play in a price sensitive market.
                                                               India certainly is a price sensitive market, but our dedication and
            Tugela Escalator                                   focus on local R&D and manufacturing help us stand out from
                                                               competition. We operate a world-class manufacturing facility in
                                                               Pune, and have nation-wide sales and service representation, and
           Intelligent machines, telematics and IoT are becoming a trend,   the capability to service elevators and escalators of any make. We
           your comments. Cutting edge technology featured in your   know our market well and differentiate ourselves by showing our
           machines. What distinguishes your products from competitors?  customers that we are there to help them improve their business.
           The demand for smart elevators such as IoT-based elevators’ that   We offer world-class engineered and reliable elevators at optimal
           can monitor performance, make real-time maintenance decisions,   price levels, with shorter delivery cycles as well as easy adaptability
           provide updated status, advance reporting, control, and monitor   and interface to future design changes. That’s a true win-win for the
           the elevator remotely, is growing significantly. AI elevators can   customer and us.
           provide real-time insights, productive maintenance, and enable   Operating a large-scale manufacturing and R&D facility locally in
           communication in elevators. These IoT based innovative digital   Chakan, Pune also allows us to respond to local market demands
           solutions has enhanced technology like data, extended reality   in a more efficient manner, bringing to market our popular class-
           technology, algorithms, and detectors to reach efficiency and   leading products including the enta100 and enta200, as well as
           safety for the consumer.                            the meta100 and meta200.
           As an innovation leader in the industry, TK Elevator puts special
           focus on its digital offerings to help our customers achieve more   Importance of aftermarket services in the Indian E&E market.
           sustainable building design. For instance, AGILE Destination   TK Elevator offers a comprehensive range of mobility products and
           Selection Control is one of our key offerings to make this possible.   services, including passenger, freight and panoramic elevators,
           AGILE is designed to work with new installation or modernization   for both low and high-rise properties, its commitment to quality
           projects, enabling elevators old or new to be deployed more   and innovation covers the entire life cycle of elevators, escalators
           intelligently and flexibly, not only saving energy consumption by   and moving walks. TK Elevator’s capability to service elevators,
           optimizing elevator deployment during peak and non-peak hours,   escalators and moving walks of all makes across the globe, makes
           AGILE also effectively provide passengers with a better travel   it the ideal one-stop maintenance partner for developers, property
           experience by reducing waiting and travelling time.  managers and REITs.
                                                               At TK Elevator, customer service and satisfaction are our top
           Your company’s emphasis on R&D and providing environment   priorities. Our maintenance and modernization services enable
           friendly products.                                  property owners and managers to save costs and boost profits
           TK Elevator invests significant resources in R&D activities to provide   as they grow and expand. TK Elevator’s modernization service,
           the customers with the latest equipment. Our products are designed   together with its digital solutions MAX and AGILE Destination
           with a simple philosophy of higher efficiency, lower maintenance   Selection  Control, are  especially  ideal  for  property overhauls,
           and the least emissions. Strong design & engineering, which is our   repurposing and upgrades. Customers benefit from improved
           core strength, forms the basis of our business.     accessibility and passenger capacity in older buildings, resulting
           We are proud to operate a multi-purpose facility in Chakan, Pune,   in short and long-term economic and administrative advantages
           where we have strategically included a R&D centre to serve the   like higher rent returns.


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