TK Elevator Breaks Ground on Major Factory Expansion in India to Boost Manufacturing and Logistics Capacity
New Delhi, April 25, 2026: TK Elevator (TKE), a global player in vertical transportation and urban mobility, has officially broken ground on a major expansion of its Indian manufacturing facility. The expansion project, which commenced with a formal ceremony on April 24, 2026, is designed to bolster the company’s local infrastructure and support its long-term strategic growth within the Indian market. Scheduled to be fully operational by August 2027, the project will add approximately 10,000 square meters to the existing site, significantly boosting production efficiency alongside warehousing and logistics capabilities, the company said in a press release.
Once the construction is complete, the increased capacity will allow TK Elevator to better manage rising production volumes and provide the flexibility needed to meet demand in India’s low-to-mid-rise residential segments, as well as large-scale infrastructure and commercial projects. Furthermore, the enhancement of local logistics is expected to give a significant boost to the company’s service and modernization divisions by ensuring faster responsiveness and better availability of components. This move underscores TKE’s commitment to the evolving manufacturing ecosystem in India and its role in the country’s rapid urbanization.
Ravikrishnan Srinivasan, CEO India, TK Elevator, emphasized the strategic importance of the project during the ceremony, stating: “This expansion demonstrates our commitment to strengthening local manufacturing and logistics capabilities to support sustainable growth in India. By enhancing our capacity and operational readiness, we aim to better serve customers across key segments. Together with continued execution improvements at the branch level, we are well positioned to support our customers’ needs and participate in India’s long term economic development.”
