Tag: Elevators
MANUFACTURING L.T Elevator Enters Global Automated Parking Space With DYPC Acquisition

L.T Elevator Ltd has signed a Share Purchase Agreement to acquire Seoul-based DYPC Inc. (Dongyang PC Inc.), marking its entry into the global automated parking technology business. The company will acquire a 66.45% stake in DYPC at a consideration of $2.85 per share. It will also acquire and cancel 5 lakh equity shares held by […]

CW Bureau · Aug 5, 2026
INFRASTRUCTURE Usha Martin Plans ₹250 Cr Annual Capex To Expand Hi-Growth Areas

Usha Martin Ltd, will continue to strengthen its primary growth engine core wire rope business while investing ₹200-250 crore annually to expand capacity in high-growth segments such as elevators, cranes and mining. The manufacturer of wire ropes and speciality steel products will remain focused on improving competitiveness through productivity gains, cost efficiency, digital transformation and […]

CW Bureau · Jul 28, 2026