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ThyssenKrupp Elevators forms JV with Eros Elevators

India Infoline News Service / 18:01 , Feb 02, 2012

ThyssenKrupp Elevator’s mid to high-end products and national network, combined with Eros’ economical, high quality elevators for the fast growing industrial and affordable housing segments, will provide customers across India a dependable source of complete elevator and escalator solutions.

With rapid growth in the diversity and size of the Indian realty market, customers are increasingly seeking complete solutions from reliable providers of elevators and escalators.


In order to address this need, ThyssenKrupp Elevator (India) Pvt. Ltd. has formed a joint venture with Eros Elevators & Escalators Pvt. Ltd. (Eros), a company established in 1946 and headquartered in Mumbai, by acquiring 25.1% of its shares.


ThyssenKrupp Elevator’s mid to high-end products and national network, combined with Eros’ economical, high quality elevators for the fast growing industrial and affordable housing segments, will provide customers across India a dependable source of complete elevator and escalator solutions. 

Aslo read:

Lectra announces new investments in India


 



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