- TK Elevator (TKE) has marked the commencement of its factory expansion project in India with a groundbreaking ceremony.
- Scheduled to be operational by August 2027, the expansion will extend the existing facility by approximately 10,000 square meters to enhance production efficiency, while expanding warehousing and logistics capabilities.
- The additional capacity will support increased production volumes and provide greater flexibility to address evolving demand across India’s low-to-mid rise segment, as well as infrastructure and commercial projects. Enhanced local logistics capabilities will also support the company’s service and modernization businesses through improved responsiveness and availability.
TK Elevator (TKE), a global leader in vertical transportation and urban mobility solutions, has marked the commencement of its factory expansion project in India with a groundbreaking ceremony. The project represents an important step in strengthening TKE’s manufacturing infrastructure and supporting its long-term growth objectives in the Indian market.
The expansion will extend the existing facility by approximately 10,000 square meters to enhance production efficiency, while expanding warehousing and logistics capabilities. Construction has commenced, with the expanded facility scheduled to be operational by August 2027. Once completed, the additional capacity will support increased production volumes and provide greater flexibility to address evolving demand across India’s low-to-mid-rise segment, as well as infrastructure and commercial projects. Enhanced local logistics capabilities will also support the company’s service and modernization businesses through improved responsiveness and availability. The expansion reflects TKE’s ongoing commitment to India and its evolving manufacturing ecosystem.
Commenting on the milestone, Ravikrishnan Srinivasan, CEO India, TK Elevator, said:
“This expansion demonstrates our commitment to strengthening local manufacturing and logistics capabilities to support sustainable growth in India. By enhancing our capacity and operational readiness, we aim to better serve customers across key segments. Together with continued execution improvements at the branch level, we are well positioned to support our customers’ needs and participate in India’s long term economic development.”
TK Elevator is a provider of elevators, escalators, and moving walk solutions, delivering mobility systems that support urban development. With a local manufacturing footprint and a nationwide service network, TKE continues to contribute to India’s urbanization and infrastructure development through a focus on innovation, quality and customer centric solutions.
