Demand for faster, safer, and intelligent elevators is increasing day-by-day fueled by increasing population of high-rises, metros, and other large infrastructure projects. Even in tier 2 cities, the demand for elevators has grown significantly overtime accompanied by enhanced standard of living. Along with improving standard of technology and innovation in elevator systems, safety standards need to be more meticulously maintained.
Prioritizing safety and convenience through innovation
While periodic maintenance is staple, a majority of elevator accidents can be avoided by replacing older models with sophisticated elevator technologies which are advanced and way more reliable. Another major factor in maintaining elevator safety is the quality of components. It is crucial to use authentic components from licensed OEMs when repairing an elevator instead of spurious counterparts which can seriously compromise the safety and integrity of elevator systems.
Smart elevators are also turning out to be a game changer in implementing safe, smooth and reliable vertical transportation in modern buildings. Equipped with IoT-enabled intelligent systems, smart elevators can pre-determine faults that might arise in the system and notify the authorities beforehand. Furthermore, they also have the potential to make mobility much faster. For instance, some smart elevators can sense proximity of approaching individuals through their mobile or any connected device, and by analyzing their preset record it can also book an elevator for them in advance.
Focus on innovations and b2b engagements
IEE Expo is a platform where the elevator industry and realty sector’s elite can witness evolution in the elevator and escalator space. The Expo has garnered support from Ministry of Housing & Urban Affairs alongside All India Lift Upliftment Federation (AILUF), Karnataka Elevator Manufacturers Association (KEMA) and Gujarat Elevator Association.
The first post-pandemic edition is set to converge premier industry brands including Bharat Bijlee, NBSL, Arkel, Bestomech, Celikray, City Lifts, DATIS, Esquire, Excella Electronics, Expedite, Genemek, Giovenzana, Hohner Automation, Invt Electric, Jainox, Mahabali Steel, Mother India Forming, Nidec Control Techniques, Puretronics, RB Electronics, Rolliflex, Schindler, Techtronics, Universal Hydraulics and Ziehl Abegg who will showcase technologies that will steer future trends in vertical transportation.
It will also connect realty firms, architects, builders, and consultants and make way for meaningful business interactions with international as well as domestic players. Additionally, it aims to enable the real estate community who are looking out for the right solutions for better infrastructural development in the future.
Balaji, CREDAI-MCHI Procurement Wing Committee Member & Senior Vice President, Reliance Industries, stated: “Without doubt IEE Expo is an excellent platform to witness new developments in the elevator industry. It serves as a strong channel for the elevator industry and realty sector’s elite to come together and interact productively. We are very much excited to visit the fair and connect with the industry in September.”
On the second day of the exhibition, organiser Messe Frankfurt India will host a series of knowledge sessions and panel discussions.
CREDAI-MCHI extends association with IEE Expo
Extending their association for the third consecutive edition, Boman R Irani, President, CREDAI-MCHI, shared: “The real estate sector in India is expected to reach USD 1 trillion by 2030 growing by 19.5% CAGR. This is a clear indication that buyers are now ready to make a move and the future of the real estate sector will remain robust. Our tie-up with IEE Expo for the past two editions has given the construction industry access to intelligent vertical transport and parking systems. I am confident that the Expo will continue to provide the best architectural mobility insights and solutions for high-rise buildings in the country.”
Owing to the strategic alliance, IEE Expo as a brand has become a trusted choice for real estate moguls like DLF, The Wadhwa Group, TATA Realty and Infrastructure, Marathon Realty, Kalpataru Group, Shree Naman Developers, Dosti Realty, Oswal Realty, JP Infra, Ashar Group, and Lodha Group. Hosting more than 125 procurement experts over the last two editions, the exhibition has successfully brought decision makers face-to-face with tech experts to analyse the industry needs and facilitate overall business.
Mukesh Jaitley, CREDAI-MCHI Procurement Wing Committee Member & COO Kolte Patil, shared: “As buyers, people just look at the finished product and don’t know what technicalities go inside creating the product. But the last edition of IEE Expo gave us insights about the components used to assemble elevators. With this information on backend automation, it will be interesting to see how OEMs utilise these technologies in their finished products.”
Sharing a similar sentiment, Nimish Ajmera, CREDAI-MCHI Procurement Wing Convener & Director, Ajmera Realty and Infra India, shared: “We are especially looking forward to engage with businesses returning after a long haul of the pandemic. It will certainly be interesting to discover technological advancements that have taken place over the last two years in the elevator space.”
Discussions on changing elevator trends and safety standards
As a part IEE Expo 2022, E2 Forum Mumbai will present potential solutions that can contribute in the overall development in the elevator and escalator market. The conference will take up topics like global and Indian trend analysis, demand in real estate and infrastructure sectors, the Indian elevator market in 2022 and beyond, technological innovations and safety standards, and more.
Amidst the escalating demand for in-building and inter-building transportation, IEE Expo will serve as a ground for elevator businesses to showcase their growing technological capabilities and product developments.
