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Table of Contents for Elevators & Escalators

Pre-Event Report- IEE Expo 2016

Elevator zone


The upcoming IEE EXPO will offer a great chance for the construction sector to get acquainted with the latest in vertical transportation technology 


The International Elevator & Escalator expo (IEE Expo) is back in Mumbai. IEE Expo 2016, the fourth largest Elevator & Escalator Expo in the world, will be held from March 17 to 19 at the Bombay Exhibition Centre in Mumbai.


The exclusive Elevator Expo in India was conceptualised in 2005, and it has been a decade since Virgo has been associated with this dynamic industry through IEE Expo, Techforum and Elevator World India magazine. These platforms have helped enhance the direct interaction between buyers and seller in a conducive business environment.


The exclusive industry event is an opportunity for visitors to witness the latest technology and trends from the global elevator and escalator industry, through live product displays and demos along with technical seminars and discussions held along with the exhibition.


Like previous editions the Sixth IEE Expo will also provide enough opportunities for attendees to explore new products, interact with international industry players, nurture business associations, partnerships and technology collaborations.


The exhibition is slated to see about 200 participants from 30 countries with some key brands like Hitachi, Schindler, Otis, Esquire, Sematic, Fermator, Wittur, Creestaa, NBSL, Altenmo, MAS Industries and AVCAM exhibiting at the Expo. There will be a wide range of modern elevator, escalators, components and accessories which will be on display.


The key attractions include:

  • Display of high speed passenger elevators from various manufacturers
  • High end home elevators with designer functionalities like buttons and COPs, LOPs, innovative wireless technologies and designs that suit different high end lifestyles
  • Large delegation from China under China Pavilion
  • Launch of new hydraulic and traction machines
  • Launch of a unique and innovative software solution which will allow seamless collaboration between suppliers and customers in the elevator industry and easy mobile data dashboards that allow actionable insights for the industry players
  • Display of elevator kits with international standards by Indian vendors
  • Latest technologies in the market like Echo Traction, gearless machines etc.
  • Launching Slings, latest in car frames for passenger elevators for 1:1 roping and 2: 1 roping.
  • An exclusive seminar focusing on, “Latest Trend, Technology & Processes for Vertical Transportation”.


Apart from technical papers presented by exhibitors the event will provide a great opportunity for visitors to hear from eminent industry leaders and interact with them.


IEE Expo 2016 will offer a valuable opportunity for participants to showcase their innovative products and technologies to potential buyers from across India and neighbouring countries. Spread over 15,000 square meters of exhibition space, the expo is the only platform in India for global brands from the elevator industry to come under one roof, interact with potential buyers and influencers and understand the ever growing needs of the real estate sector and to identify potential Vertical Transportation partners for upcoming projects.  


Uday Kulkarni President, India and South Asia, Schindler, is led to say, “The IEE Expo is a good platform for the industry. It helps brands like us reach our target audience. Schindler will be launching new elevators for the premium villa segment. The Expo will enable Schindler to further strengthen its market leadership.”



  • Elevator market forecast to grow at a CAGR of 14.3 % and reach 103,000 units by 2018.
  • 2013 global elevators market estimated at 750,000-800,000 units with China amounting to 65%
  • India comes in next at 52,600 units and the market is forecast to cross 100,000 by 2018.
  • Indian elevator market grown at 13.3% p a in last 12 years and in 2013 was at 52,600 units.
  • Estimated installed base of 320,000 elevators at the end of 2014.

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