Archive · 26 Jan 2026
India's Elevator Industry Calls for Unified National Law
India's elevator and escalator industry is growing very fast.
They want one set of rules for the whole country to make things safer and easier.
Right now, each state has its own rules, which can be confusing.
They think having one rulebook will help workers, make things more efficient, and help India keep up with global standards.
They are going to talk about this at a big event called Smart Lift and Mobility World 2026.
The industry is also growing a lot, with more people living in cities and needing elevators in tall buildings.
India's elevator and escalator sector is one of the fastest-growing in the world, with annual sales nearing one lakh units.
The industry is calling for a unified 'One Nation, One Lift Law' to improve safety, simplify regulations, and enable sustainable growth.
Elevators account for 97% of vertical mobility installations, with 65-70% demand from residential real estate, 25% from commercial developments, and 10% from infrastructure projects.
A national framework could boost productivity by 20-25%, promote manufacturing localisation, and enhance export competitiveness.
The Smart Lift and Mobility World 2026 expo will be held on February 5, 2026, to deliberate on a national framework and the future of vertical mobility.
- Who
- India's elevator and escalator industry, including leaders, policymakers, regulators, and global technology providers
- What
- A call for a unified 'One Nation, One Lift Law' to improve safety, simplify regulations, and enable sustainable growth
- When
- The Smart Lift and Mobility World 2026 expo will be held on February 5, 2026
- Where
- India
- Why
- To improve safety, simplify regulations, and enable sustainable growth in the elevator and escalator sector
- Annual Elevator Sales
- Nearing 1 lakh units
- Market Share of Elevators
- 97% of vertical mobility installations
- Demand Distribution
- 65-70% residential, 25% commercial, 10% infrastructure
- Projected Market Growth
- From $14.6 billion in 2024 to $22.2 billion by 2033
- Growth Rate
- 4.3% CAGR
- Event Date
- February 5, 2026
- Urban Population by 2030
- Over 40%