KONE CEO says India is a manufacturing centre for the world
In short
KONE chief Philippe Delorme said India is a manufacturing centre for the world. BusinessLine also said KONE has a solution that can modernise an elevator in one week and that the offer is getting good traction.
This matters because it points to demand for faster elevator upgrades in India. The reporting does not say how many orders KONE has won or where the work is being done.
What the reporting says
KONE President and CEO Philippe Delorme said India is a manufacturing centre for the world, according to a BusinessLine Companies summary. The same summary says KONE has developed a solution that can modernise an elevator in one week and is seeing good traction for that offering. The reporting does not say which customers, locations or volumes are involved.
Why it matters
Philippe Delorme, president and CEO of KONE Corporation, said India is a manufacturing centre for the world, and a BusinessLine summary added that KONE has a solution to modernise an elevator in one week. The report says the offering is seeing good traction, but it does not name customers, projects, pricing or timelines. The immediate implication is interest in faster elevator modernisation in India.