Johnson Lifts Gears Up for Faster Future with ₹250 Cr R&D Investment.

Johnson Lifts, a leading elevator production and service firm based in Chennai, has unveiled plans for a significant investment of ₹250 crore to upgrade its Research and Development (R&D) facilities in Sengadu, near Chennai. This substantial investment, to be rolled out over the next two to three years, aims to bolster the company's capabilities in developing and testing advanced high-speed elevators.

The primary focus of this R&D enhancement will be on lifts designed to operate at speeds exceeding 4 meters per second. To facilitate this ambitious goal, Johnson Lifts also intends to construct a new testing tower at its 32-acre Sengadu facility. This new tower will complement the existing 155-foot testing tower located at its dedicated R&D plant in Poonamallee, further strengthening its testing infrastructure.

Johnson Lifts reported revenues of ₹3,000 crore last year, with senior executives projecting a 10 percent growth in 2025.

"We are optimistic about the growth in the industry and look to invest into the future of our operations," stated Yohan K John, Director, Johnson Lifts. He added, "We have just concluded the expansion to our Nagpur unit and opened a new office in Noida, for a total of ₹54 crores. The new investment into R&D will be an integral part of our leadership in this market."

This strategic move underscores Johnson Lifts' commitment to innovation and its ambition to maintain a leadership position in the competitive elevator market, particularly in the high-speed segment.