Schindler, a Swiss elevator manufacturer, intends to increase its workforce in India from 6,000 to 10,000 employees, aligning itself with the size of its workforce in China. To support this expansion, the company may establish more training centers in addition to the three it currently operates in India.
Schindler’s move is driven by India’s rapid urbanization and growing middle class, which create favorable conditions for elevator manufacturers. This demonstrates the company’s confidence in the sustained market growth in India.
Additionally, Schindler’s focus on India reflects a broader trend of companies redirecting their attention to stable and promising regions due to economic challenges in China. Schindler, founded in Switzerland in 1874, is renowned for its innovative vertical transportation solutions, catering to various clients in residential, commercial, and industrial sectors.
