# 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.

- Type: Expansion
- Announced: 2026-05-27
- Where: Sengadu near Chennai, India
- Value: $24.0M (2.00B INR)
- Starts operating: 2028
- Status: announced
- Products: high-speed elevators, escalators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Johnson Lifts](https://endata.com/companies/17220.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/johnson-lifts-acquires-39-acres-near-chennai-for-125-crore-for-future-expansion/article71028621.ece), 2026-05-27: "The new facility, which will involve an overall investment of around ₹200 crore in the first phase, is expected to begin construction in 2028."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.