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Smart Cities, Smarter Elevators
SMART CITIES

Smart Cities, Smarter Elevators

Rapid urbanisation has driven Smart City development in India. Over 100 cities have joined the mission, with 91 per cent of 8,075 projects (Rs 1.47 lakh crore investment) completed as of December 2024.The construction sector is driving the shift toward a connected, sus...

Rapid urbanisation has driven Smart City development in India. Over 100 cities have joined the mission, with 91 per cent of 8,075 projects (Rs 1.47 lakh crore investment) completed as of December 2024.The construction sector is driving the shift toward a connected, sustainable society, shaping residential, commercial, and public spaces. Metro cities lead in redevelopment, optimising land use and tackling infrastructure challenges. A key aspect of this transformation is vertical transportation, with rising demand for advanced elevators as cities grow upward.Elevators are no longer known for convenience, but as a modern urban fabric for high-rise buildings. Recent projections estimate that the Indian elevator market is expected to reach approximately US$ 7.79 billion by 2030.The integration of new technology and mechanical components are not only for elevator safety but also an enhanced passenger experience. Modern elevators are equipped with sensors and cloud-based monitoring platforms to enable real-time data analysis. These systems can predict maintenance needs and reduce elevator downtime by up to 50 per cent for uninterrupted service in high-traffic environments.Similarly, the TWIN elevator system can operate two independent cars within a single shaft. It doubles capacity without the need for additional space. This design is especially beneficial in densely populated urban areas where optimising space becomes essential.The growth of the elevator industry is closely linked to broader economic development goals in India. Increased investments in urban infrastructure coupled with local manufacturing initiatives under the 鈥楳ake in India鈥� campaign have boosted employment, innovation, and sustainability in the sector.Modern elevators can contribute to sustainable urban development 鈥� alongside innovation for the more functional (e.g., superior user experience) and visual (e.g., sleek design) aspects of vertical mobility, in contemporary cities. For example, the introduction of regenerative drives and LED lighting has reduced energy consumption and cut costs already.As India continues to build smarter, more connected cities, the role of advanced elevator systems will become highly prominent. Investments in cutting-edge technology, combined with a commitment to sustainable practices are necessary to help the overall equality of urban living and to support efficient mobility within buildings.

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Technology

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

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Real Estate

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

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Equipment

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..

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