We can all agree on one thing that India’s skyline is rising super fast, and that’s precisely why there is always a high demand for elevator companies in the country, right? So much so that this whole industry actually was valued at USD 4.29 billion in 2023. And? Well, as per some recent estimates, this growth is going to be phenomenal in the coming few years or so, like this entire industry/segment of the Indian market is expected to grow to nearly USD 7.79 billion by 2030. That is some crazy growth right there. And sure enough, it is the elevator-making companies that are going to carry this much growth, so it is time that we talk about the Top 10 Major Elevator Companies In India 2025. Let’s get going then.
1. KONE Elevator India Pvt. Ltd.
Among the list of top elevator service providers in India, one name stands out not only for its success in the Indian market but also for its innovative and environmentally friendly elevator solutions that have caught the attention of people worldwide. We are mentioning Kone, a Finnish company that has been delivering the best elevator solutions in India since 1984. KONE elevators are designed to save space, do not require a machine room, and have cloud-connected diagnostics that can prevent system failure by predicting maintenance needs way before the malfunction occurs. That’s precisely the reason why we’ve ranked KONE at the very top.
2. Johnson Lifts Pvt. Ltd.
A homegrown brand that can not only match but surpass the likes of global giants in market share is something rare to see. One such brand is Johnson Lifts, a company founded in 1963, is the leading elevator manufacturer from India. And it is still going strong in 2025 to be the biggest one. Johnson makes over 16,000 lifts and 1,000 escalators each year. Moreover, the extensive service network of the company across both urban and semi-urban areas of India makes it the first choice for government projects, residential complexes, as well as commercial spaces.
3. Otis Elevator Company (India) Ltd.
In all likelihood, you have not even noticed that you have taken an Otis elevator ride, but without question, their scope is so extensive that they have been everywhere at least once. Over 100 years in India have made Otis a brand with a very strong heritage in the area of vertical transportation. Through 2025, Otis has been the go-to brand for the luxurious commercial and high-rise sectors, offering elevator rides that are super smooth and safe, and systems that are updated and aesthetically pleasing.
4. Schindler India Pvt. Ltd.
Have you ever considered that metros and airports in various parts of India, which are visited by a large number of people daily, are equipped with Schindler lifts? A Swiss company known for its quality came to India in 1998 and, within a short time, had grabbed all the places where public infrastructure was its client. One of the main distinctions that make Schindler stand out from the rest is its concentration on the application of IoT systems for elevator condition monitoring on a real-time basis.
5. TK Elevator (Thyssenkrupp Elevator India)
Most people don’t know that TK Elevator (formerly Thyssenkrupp) has launched one of the most game-changing innovations for the elevator industry, TWIN elevators, in which two different cabins operate separately but simultaneously at the same shaft. Exactly! One way, two times the efficiency. TK Elevator was founded in India in 2002, and for several years, this company with its headquarters in Pune has been the top choice for cutting-edge projects all over India.
6. Mitsubishi Electric India Pvt. Ltd.
It is almost impossible to remember that they are moving while using the elevators that work so silently, and Mitsubishi Electric is definitely the first name that comes into one’s mind. The company has been in the Indian market since 2010 and is known for its top-notch Japanese precision engineering for luxury high-rises and commercial towers. By the time the year 2025, Mitsubishi will have the anti-vibration technology and accurate floor levelling that are part of their systems.
7. Hitachi Lift India Pvt. Ltd.
Hitachi Lift is one of those elevator companies that not only talk about the safety tech but are actually engaged in the development of technologies such as earthquake sensors and emergency descent systems. Since 2008, the company has been on the rise. With its headquarters in Mumbai, it offers reliable solutions for projects that require high-quality performance at a reasonable price.
8. Fujitec India Pvt. Ltd.
Fujitec may not have the same brand recall as Otis or KONE, but it definitely has the knack of making a lasting impression after an installation. The company from Japan began its business in India in 2004 and is today well-established mainly in office buildings of medium height and residential complexes. And it is true that they have experienced a progressive development, basically due to the good after-sales service and the trustworthy in-house technology.
9. Omega Elevators Pvt. Ltd.
Established in 1985, Omega Elevators is one of the illustrious Indian brands that has managed to sustain over the years and still provide solutions to the local market needs, despite the presence of numerous international giants making the niche super saturated already. With its home in Mumbai, Omega is known for works that are economical and tailor-made lift solutions.
10. Epic Elevators Pvt. Ltd.
Last on this list but in no way least is a brand that may be young but is full of life and innovation, sounds cliche, but that’s true with this one. The Indian company Epic Elevator, which was established in 2012 and is located in Ahmedabad, has surpassed 1000 complete installations of elevators, and this winning streak goes on. The brand has become a super popular name for sustainable dwellings and projects with tight budgets by concentrating on energy-saving systems (up to 60% less power consumption), small installations, and automation-compatible designs.
Conclusion
There you have it. Often, when there is a big building project going on, you’ll see that these elevator companies are given the contract, and why shouldn’t they get it? They quite literally are the best of the best in the market, and their elevators are reliable and last super long.