Construction Industry News
Mumbai (Maharashtra) [India], Nov. 15 (ANI/NewsVoir): India is the world's second largest elevator and escalator market.
India's real estate sector is thriving with private developers changing the landscape of our urban and semi-urban habitat.
Elevators are an integral part of this rapid growth. With a robust infrastructure, construction activities and a growth rate of 8 percent per annum, the Indian elevator industry is expected to grow from the current Rs 13,500 crore to around Rs 15,000 crore by the end of 2024. The industry will also generate significant direct and indirect employment in various tier 1, 2 and 3 cities, and also strengthen the existing industrial ecosystem. The industry is also likely to attract large-scale FDI in the coming years.
The International Sourcing Exposition for Elevators & Escalators (ISEE) was created to bring together OEMs and component manufacturers and to showcase India as a sourcing hub. India has the production capacity and capability to compete on an international scale.
ISEE will be held from 1st to 3rd December 2022 at Bombay Exhibition Centre, Nesco, Goregaon, Mumbai. ISEE is where the elevator industry meets and promises to be a great networking platform. It is the only definitive exposé that synergistically brings together OEMs and component manufacturers.
ISEE will bring together players of various sizes from major Indian Cos & MNCs to MSMEs to create an industry led event. ISEE is where the elevator industry meets. During the 3 days there will be panel discussions and knowledge sharing sessions where industry leaders will share their expertise and best practices.
Commenting on the scale of the exhibition, TAK Mathews - Chief Consultant of TAK Consulting and the organizer of ISEE said: "More than 100 players from the elevator industry are taking part in this exhibition. This exhibition is an opportunity to witness the latest technology in elevators, (lifts) and escalators. The event will prove to be a platform for the industry players to share best practices and showcase India as a procurement hub for elevators and escalators. The exhibitors' encouraging response has compelled us to expand the expo area to 2 lakh square meters, so as to accommodate a wide range of exhibitors".
International Sourcing Exposition for Elevators & Escalators (ISEE) is launched with the aim of ensuring a show that is an industry event, by industry, of industry and for industry. The show has received support from various trade associations such as the Council on Tall Buildings & Urban Habitat (CTBUH India), the International Association of Elevator Consultants (IAEC), Fire and Safety Association of India (FSAI) and the Elevator & Escalator Component Manufacturers' Association of India (EECMAI). There are facilities for international pavilions. Lift Institute Solutions is ISEE's training partner. The show is also supported by TAK Consulting Pvt. Ltd. and the Elevator and Escalator Safety Trust. (EEST).
