According to industry reports, the Indian Elevator market size is expected to reach nearly US$ 1517.66 Mn by 2027 with the CAGR of 7.21% during the forecast period. Increasing industrialization and urbanization at the same time is giving way to increased demand for elevators across sectors. The market size of the Elevator Installation & Service industry is expected to increase 0.3% in 2022 according to the IBEF. There are several factors that are boosting the growth of this industry that include rapid urbanization and growth in the real estate sector. However, with rising industrialization and technology advancements, clients now want an elevator provider to be aware of all the modern technologies suited for their specific requirements based on the design of their projects.
Zion Lifts, a leading name in elevator industry, is perfectly positioned to meet the ever demanding builders and construction industry’s major elevator needs, reaching out to the increasing Elevator and Escalator market in India, which is progressing at a higher rate than estimated. The Industry Outlook magazine engaged in a conversation with V. Varghese, Founder & CEO, Zion Lifts to know more about the company and what value it is adding to the elevator industry as a whole. Extensive industry knowledge and professional standing in lift industry of V Varghese is the source to manage day to day operations at Zion Lifts.
Give us a brief overview of Zion Lifts. Please elaborate on the important offerings of the company.
Zion Lifts intent is to meet major technical advancements the clientele needs and also design and deliver tailor-made Elevators of our valued customer’s every time. Urban growth and fast paced Housing Schemes in real estate keeps us on toes meeting Industry needs.
Zion Lifts’ prime accomplishments are timely delivery and prompt maintenance of lifts which is always appreciated by our customers. Meeting the Industry expectation and Clients requirement has always been the success motto of Zion Lifts.
Zion Lifts caters to the customized and also tailor-made requirements of our valued Elevator customer needs. We at Zion Lifts follow systematic approach and secured high end Contracts Hospitals, Shopping Malls, Hotels, High Rise Apartments, Cozy Establishments, and various Government and PSU’s. This approach has given boost to Zion Lifts to secure many important orders of defence organizations like CRPF, Atomic Minerals Department and Telangana Government Projects. Leadership qualities of open communication and Strategic thinking helped Zion Lifts to gain Market Standing in the Industry. Creativity, Positivity, Flexibility, Conflict resolution, and Time management has taken us to higher levels.
Tell us about the expertise you possess in the Elevator industry. How are you driving growth within the company?
Zion Lifts journey from a meagre 4 members team in 2010 has grown to A large sized Lift Brand ‘ZION Lifts’ in a short span of just over 10 Years as told by me. Our cohesive systematic approach in providing World Standard Quality Lift Materials, Timely Delivery & Periodical Maintenance of our Lifts is the success mantra of Zion Lifts. Our customer base with over 850 Lifts installed and over 150 Orders in execution stage in the State of Telangana and surrounding states is the result of customer centric and rhythmic approach to our Builders & Contractors of Shopping Malls, Hospitals, Jewellery Show Rooms, Hotels, High Rise Apartments, Vilas and various Government Departments and PSUs. Introducing Technical knowhow and insight right from the introduction level itself, and at each and every segment & stage of the lift Erections has boosted our Orders from various Public Private and major Government Orders reiterated the proprietor of Zion Lifts.
Zion Lifts’ prime accomplishments are timely delivery and prompt maintenance of lifts which is always appreciated by our customers
What have been the most significant milestones that you have achieved so far in your professional journey? What is your guiding leadership philosophy?
We all humans have long yearned for a way to vertically transport people or goods. In the context of the Industrial advancement several innovations consolidated the Elevator as means of mass transport, steel and concrete made it possible to construct taller and more resistant buildings. Development of the subway in large cities increased the population density of urban living, making it necessary for cities to grow vertically as well. That is when the safety of elevators became a necessity. The need of the hour is High Speed Elevators and hi-tech emergency braking system, made Elevators popular and revolutionizing the urban landscape and high-rise construction and forever changing the appearance of cities.
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