Toshiba partners with Johnson Lifts in India
Toshiba Elevator and Building Systems Corporation (TELC) (headquarters in Tokyo, Japan), a subsidiary of Toshiba Corporation, and Johnson Lifts Private Limited (JLPL) (headquarters in Chennai, India) officially announced the establishment of Toshiba Johnson Elevators (India) Pvt. Ltd (TJEI) to strengthen growth and expand its operation in the Indian elevator market.
TJEI is established by joint business between TELC and JLPL, with 49% equity participation from Johnson to Toshiba Elevator (India) (TEI) (headquarters in Mumbai, India), a 100 per cent owned subsidiary of TELC.
The newly established company will accelerate its business utilising TELC’s technology to offer products targeting the premium segment. Furthermore, TJEI will expand its market in India by taking advantages of JLPL’s sales and marketing channel, installation and after sales service experience, and manufacturing technologies.
Toshiba Elevator India was established in India in April 2011 and started business in July 2011. Since its establishment, the company has secured more than 100 units in premium segment, which include high-speed elevators in the 65 storied project “One Avighna Park” in Mumbai.
Johnson Lifts has more than 30,000 elevators and has a service base of approximately 25,000 units. The company has factories for elevators in Chennai and Nagpur, and an exclusive factory for escalators in Chennai.