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Manufacturing: Fujitec increases elevator production for the Indian-SEA markets

Fiinews by Fiinews
August 2, 2023
in Manufacturing
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Fujitec India

Fujitec's second Indian plant in the suburb of Chennai.

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Chennai plant to increase production to 3,000 units by the end of 2023

Fujitec India is strengthening its development structure, including the development of high-speed elevator models, to meet the demand for elevators in India, where high-rise building construction is becoming more common, as well as for exports to the Southeast Asian markets.

Fujitec India plans to increase production capacity to 3,000 units per year by the end of 2023, 1.5 times the current 2,000 units Fujitec India Private Ltd, said the subsidiary of Fujitec Co Ltd of Japan.

This increase in capacity is the company’s response to strong sales of standard elevator models for the Indian domestic market, said the company.

“The second plant was built to grow sales in India, where demand is increasing, and to expand exports throughout South Asia,” the company said in a release on 31 July 2023.

In addition, construction was completed for a new 78.9 meter elevator research tower.

Fujitec pursues the further expansion of its global business under Fujitec’s medium-term management plan Vision24, expanding geographic business reach and building up production capacity steadily.

The Japanese elevator group’s second plant in the suburbs of Chennai became fully operational in February of this year. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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