Elevator and escalator major KONE India, a 100 per cent subsidiary of KONE Corporation of Finland, planned to introduce energy saving elevators in the
country by 2012, a senior company official said.
"The proposed elevators will save 50 per cent energy and will work efficiently. They will also be able to shut off automatically when not in use. Through this we can make them (elevators) perform much better," Kone Technology Senior Vice-President Jussi Oijala told PTI here.
KONE has already launched energy saving elevators in Europe. "In 2006 we had set a target of manufacturing elevators that will consume only 50 per cent of power by 2010 and today its been achieved...," he said.
The parent company KONE Corporation had allocated Euros 60 million as investment in research and development for 2010-11, he said.
KONE, which has a production facility at Ayanambakkam near here in south Indian, employs about 2,800 people in the country and has 40 branches.
Apart from manufacturing components for modernisation projects in Australia, Singapore and Malaysia, the Chennai facility produces elevators for the Indian market as well as for Bangladesh, Nepal and Sri Lanka.