Elevators are a big part of our daily lives. Whether you go to a shopping center, hospital, and business shopping center, you would need elevators or lift. The elevator is a vertical transport equipment that is used to moves people and things between floors.
The Roman architect Vitruvius made the earliest known elevator. He used to report to Archimedes. Elevators are powered by electric motors. There are various elevator companies in India who make lifts for the corporate and domestic purposes. Below we have listed top ten elevator manufacturing businesses in India in 2019.
Table of Contents
Kone has established itself in the Indian market. They are the most sold lift brand in India and worldwide. Kone was founded in 1910, and their headquarter is in Helsinki, Finland. Their head office in India is at Chennai, Tamilnadu. The brand is known for their quality of maintenance service and innovative design. Kone is originally an international engineering and service company. They have been present in India for the last twenty-five years. Kone has revolutionised the art of making elevators and escalators. Their maintenance services are available 24/7.
Kone has around 8.8 billion euros in sales. Kone has around 52,000 employees. The net worth of Kone is $3.2 billion. They have made $1.14 billion in profits and $8.15 billion in assets.
The average salary of a Kone employee:
Maintenance Technician- $ 3704.22 per year
Installer- $ 4173.26 per year
Commissioning Engineer- $ 3784.49 per year
Quality Technician- $ 5257.05 per year
Installation Technician- $6780.89 per year
Engineer- $3766.45 per year
Service Engineer- $3993.82 per year
Sales Engineer- $4760.00 per year
Sales and Service- $5050.43 per year
Regional Manager- $ 3462.71 per year
Fujitec is a Japanese company which was founded in 1948 in Osaka, Japan. Its corporate office is located in Mumbai, Maharashtra. Fujitec is one of the best lift manufacturing businesses in India. The company is one of the leaders in manufacturing, installation, and servicing elevators, and moving travelators. The company has opened its branches in India since 2004.
Fujitec is worth around $ 5251662.48. They have assets worth is around $ 815364.38.
The average salary of a Fujitec employee:
Equipment Services Project Manager- $83000 per year
Programmer Analyst- $54,225 per year
Project Manager- $75,000per year
Project Coordinator- $75,000per year
Special Projects Manager- $71,000per year
Mechanical Engineer- $70,000per year
Project (Mechanical) Engineer- $73,000per year
Project Engineer- $73,000per year
8. Mitsubishi Electric:
Mitsubishi Electric is a Japanese based multinational company with its headquarters in Tokyo. The company came into existence in 1921. The company was established in India in the year 1950 and has become one of the most reputed companies in the world. The company was originally an electronics and electrical equipment manufacturing company. They have become a leading elevator company in the recent years. Their head office in India is in Gurgaon, Haryana.
Mitsubishi Electric is worth around $23.6 billion. The current CEO of the company is Kenichiro Yamanishi. They have around 124,305 employees. The company has made $36.6 billion in sales and $2 billion in profits. Mitsubishi Electric has assets worth $32.82 billion.
The average salary of a Mitsubishi Electric:
Mitsubishi employees earn around $55,000 annually and $26 per hour.
Field Service Technician- $69,000 per year
Service Technician- $61,000 per year
Cahier- $17,000 per year
Client Advisor- $12.92 per hour
Administrative Assistant- $14.41 per hour
7. Schindler Elevator:
Schindler Elevator is a part of the American division of Schindler Group. The company was established in the year 1874. Their base is in Switzerland. They have become a globally reputed elevator company. They are known for elevators, escalators, and moving walks throughout the world. In India, they are one of the best-selling elevator brands.
Schindler is worth around $20.4 billion. The Swiss company has 54,209 employees, and their CEO is Silvio Napoli. Schindler has around $9.75 billion in sales. They have $775.8 million in profits and $8.25 billion in assets,
The average salary of a Schindler employee:
Regional HR Manager- $105,000 per year
Administrative Assistant – $55,000 per year
Sales Representative- $88,000 per year
Customer Service Representative- $27,000 per year
Instrument Technician- $7,271 per month
Electrical Mechanic- $6,610 monthly
6. Otis Elevator:
Otis Elevator is an American company known for manufacturing elevators, escalators, moving walkways and other related instruments. The company was founded in the year 1976 in New York. They are one of the most reputed brands in the list. Otis Elevator has installed their elevators in some of the most famous and biggest structures in the world like Empire State Building, Burj Khalifa, Eiffel Tower, The Twilight Zone Tower of Terror, and Petronas Twin Towers. Their head office in India is located in Mumbai, Maharashtra. The brand name is associated with elegance and prestige for decades.
Otis Elevator has around 65,000 employees. They are currently worth around $13.0 billion. They have $12.0 billion in revenue.
The average salary of an Otis employee:
Account Manager- $84,412 per year
Senior Account Manager- $82,485 per year
Mechanic Helper- $35,485 per year
Mechanical Engineer- $82,011 per year
Electrical Engineer-$73,801 per year
Customer Service Representative- $13.29 per hour
Industrial Engineer- $55,621 per year
Data Specialist- $76,427 per year
5. Hitachi Lift:
Hitachi is a Japanese company which is part of the DKB Group of companies. Hitachi Lift was established in the year 1020. Originally the brand was founded in the year 1910. They first started the production of the elevator in 1937 and escalator in 1961. They opened their escalators and elevators business in Hong Kong. Their head office in India is in New Delhi.
Hitachi is worth around $19.7 billion. The company’s annual income is around $801 million.
The average salary of a Hitachi Lift employee:
OEM Sales Manager- $101,000 per year
Vice President Sales- $277,000 per year
Manager- $109,000 per years
4. Kinetic Hyundai:
Firodia group and Kinetic Engineering collaborated and established Kinetic Hyundai. The company was founded in 1996. Kinetic Hyundai is known for their escalators, elevators, automated warehouse system, and airport baggage handling systems. They have their head office in Pune, Maharashtra.
Kinetic Hyundai is worth around $465802.50. They have made $ 5123827.50 in revenue and $ 574489.75 in profits.
The average salary of a Kinetic Hyundai employee:
Assistant Manager- $ 1123.30 per month
Deputy Manage- $ 15371.48 per year
Senior Executive-$ 9843.96 per month
3. ESCON Elevators:
Escon Elevators is one of India’s best elevator companies. The company was founded in the year 1990. Its main office is located in Mumbai, Maharastra. They have in-house R&D and manufacturing facilities. The company has installed many elevators at governmental and private organizations. Escon Elevators has some of the best professionals and technocrats in the world. They produce elevators, escalators, car parking and other special equipment.
The net worth of the company is $ 1645835.50.
The average salary of an ESCON Elevators employee:
The average wage of an ESCON Elevators employee is not known.
2. Express lifts Ltd:
Express lifts Ltd has its head office in Ahmadabad, Gujarat. The company is a leading escalator & Lift manufacturers. Express lifts Ltd was established by Vasant B Detroja and Bhupat D Khunt. The company is experts in manufacturing hydraulic lifts, MRL lifts, home lifts, traction lifts, and auto door lifts. Their professional expertise and servicing are unmatchable throughout the India.
The net worth of Express lifts Ltd is not known.
The average salary of an Express lifts Ltd employee:
The average wage of an Express lifts Ltd employee is not known.
1. Thyseen Krupp Elevator India:
Thyseen Krupp Elevator is an elevator company established in 1999. Thyseen Krupp Elevator’s headquarter is in Essen, Germany. They manufacture lifts, moving walks, installation, and maintenance of elevators. Their corporate office is located in New Delhi, India. They are one of the leading companies for elevators in the world. The company is well equipped with technical and engineering expertise.
ThyssenKrupp Group is worth around $13.8 billion. This German has around 154,906 employees. The company has $46.89 billion in sales and $261.7 million in sales. The German company has $38.73 billion in assets.
The average salary of a Thyseen Krupp Elevator employee:
A ThyssenKrupp Elevator employee earns around $55,000 annually and $26 per hour.
Machine Operator- $41,000 per year
Procurement Buyer- $15,000 per year
Elevator Employee- $175,000 per year
Sales Representative- $24,000 per year
Assistant Branch Manage- $ 791,000 per year
We have listed some of the best elevator companies in India in 2019. You can choose the best brand for yourself from the list. Some brands listed above have installed lifts in world famous buildings and structures.