Johnson Lifts acquires land near Chennai for ₹125 crore expansion

Johnson Lifts has acquired 39 acres of land at Sengadu near Chennai for ₹125 crore as part of a long-term expansion. The company plans to invest around ₹200 crore in the first phase to manufacture high-speed elevators and expand escalator production capacity.

“The new facility, which will involve an overall investment of around ₹200 crore in the first phase, is expected to begin construction in 2028.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comJohnson Lifts buys land near Chennai as part of long-term manufacturing expansion - The HinduBusinessLineT E Raja SimhanMay 27, 2026

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