Iranian Elevator Manufacturers Look Beyond Borders

EghtesadOnline: Iran’s elevator manufacturing companies have the capacity to build 80,000 elevators annually, but currently they manufacture only 30,000 due to the prevailing recession in the housing sector, the head of the newly-formed Iran’s National Union of Elevator said.

News ID: ۷۸۴۲۲۵

21 October 2018

Abbas Abrishami added that the union is planning to expand the industry’s presence in regional markets, namely Oman, Iraq and the Commonwealth of Independent States, and improve the export of techno-engineering services, IRNA reported.

Noting that Turkey and China are Iran’s biggest rivals in these markets, Abrishami noted that up to 90% of the parts and accessories of low-speed elevators for low-rise buildings are manufactured locally but to make high-speed elevators with capacities of 10 or more people per trip, local manufacturers depend on imports of engines, gearbox and gearless elevators mostly from Italy, China and Turkey.

“More than 50,000 people are currently working in the elevator industry [manufacturing elevator parts, building, designing and assembling elevators],” Financial Tribune quoted him as saying.

As many as 550 members of Iran’s National Union of Elevator took part in the election of the representatives of the union on Tuesday.