FOUR YEARS back, OTIS Elevators surprised everyone by landing up in Ahmedabad and acquired the then rising elevator maker-TRIO elevators. For TRIO'S founder Shanker Patel, who once worked for OTIS as a lift-attendant in Mum-bai, this is a great moment. Like TRIO, many small players who manufacture elevators have grown over the last four years. Thanks to rapid infrastructure development and industrialisation in most parts of the country, these players have seen business coming in rapidly. Not only the biggies like OTIS, but also small and medium manufacturers, invested in technology to modernise their capacity to meet the quality standards required by builders and real estate developers. The enthusiasm among these entrepreneurs to tap the rising infrastructure sector is truly amazing.
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