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ISEE 2022 to give a new fillip to the Elevator Industry

ome Dec. 1, Mumbai will witness
the first ever Industry Show on
C‘Elevators & Escalators’. This 3-day
mega event will occupy Hall-I entirely,
with a display area of 2 lakh sq ft, and
give opportunity to 140 plus participants
to showcase their innovative products
and technologies in the domain of
elevators, escalators and components.
This would comprise participants from
seven countries including Italy, Germany,
UK, Turkey, USA, Switzerland and Japan;
though the objective of the Show is to
encourage Indian manufacturers and to
project India as an international sourcing
hub for equipment and components
related to the elevator industry.
The Indian elevator industry, which is
currently of the size of INR 13,500 crore, semi-urban habitat. Elevators form an from the exhibitors have compelled us to
is slated to achieve a turnover of INR integral part of this rapid growth. increase the expo area to 2 lakh sq ft so
15,000 by 2024. The country has some ISEE promises to be a great that a wide range of exhibitors could be
5,000 manufacturers and the industry is networking platform. It is reportedly accommodated”.
growing at a CAGR of 8%. The industry is the only definitive exposition which ISEE is being launched with the
slated to generate considerable direct and synergistically brings together OEMs objective of ensuring a show that is an
indirect employment opportunities across and components manufacturers. The industry event which is by the industry,
tier 1, 2 and 3 cities, and also strengthen participants would comprise Indian of the industry and for the industry. The
the existing industry ecosystem. The companies MSMEs and MNCs to create show has received support from various
industry is also expected to attract FDI an industry led event. trade associations such as the Council of
on a large scale in the coming years. Commenting on the scale of the Tall Buildings & Urban Habitat (CTBUH
The International Sourcing Exposition exhibition, TAK Mathews, Principal India), the International Association of
for Elevators & Escalators (ISEE) has Consultant of TAK Consulting and Elevator Consultants (IAEC), Fire and
been conceptualized to bring together the organizer of ISEE says: “Over 140 Safety Association of India (FSAI), and
OEMs and components manufacturers to players from the Elevator Industry are the Elevator & Escalator Component
come together and showcase India as a participating in this exhibition which Manufacturers’ Association of India
sourcing hub. India has the engineering presents an opportunity to witness (EECMAI). Lift Institute Solutions is the
prowess and manufacturing capability to the latest technology in elevators and education partner at ISEE which is also
compete on an international scale. escalators. The event will prove to be supported by TAK Consulting Pvt. Ltd.
India is the 2nd largest market globally a platform for industry players to share and the Elevator and Escalator and
for elevators and escalators. India’s real best practices as well as to showcase Escalator Safety Trust.
estate is booming with private developers India as a sourcing hub for elevators
changing the landscape of our urban and and escalators. Encouraging response - P.K. Balasubbramaniian

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