Otis Elevator Co. announced on
Monday it has been selected to provide 112 Gen2 elevators for the second phase of the Bengaluru Metro project.
A unit of the New York Stock Exchange-listed United Technologies Corp., it will supply the units from its local manufacturing facility here, a company statement said.
Bangalore Metro Rail Corporation Limited (BMRCL), a joint venture of Government of India and Government of Karnataka, is a special purpose vehicle entrusted with the responsibility of implementation of the project.
In 2018, its riding network boasted a recorded annual ridership of 131.7 million, the statement said.
The Metro projects second phase is expected to be completed by 2023.
It will cover 27 stations connecting the city's manufacturing and tech hubs of Electronics City and Whitefield, it was noted.
Disclaimer: No Business Standard Journalist was involved in creation of this content