KONE India Presents World Class Technology for Elevators & Escalators at CII's Real Estate & Building Technology Expo(REBT’19)

New Delhi, February 4, 2019: KONE India, leading Elevator & Escalator Company, participated in CII's 2nd Edition of Real Estate & Building Technology Expo (REBT) from 3rd – 5th February 2019 at Pragati Maidan, New Delhi. With twin objectives, to give an impetus to the Real Estate Sector as well as to create World Class Technology Building Solutions in India. This edition of REBT, highlights and addresses the need and potential of the sector cutting across, Residential, Commercial, Retail, Hospitability & SEZ, as we foresee equitable growth amongst all the 5 sectors. KONE India Stall was inaugurated by Her Excellency, Nina Vaskunlahti, Ambassador of Finland in India. KONE India showcased U Series products which is based on Navaratna Design Theme which has 27 different cars, KONE UltraRope, KONE EcoDisc, etc. KONE India MD & R&D Head both participated in a Panel Discussion, wherein they talked on diverse topics "Tracking Roadmap for the Government's Housing for All Policy" &“Enabling Sustainability & incentivizing green building technology” respectively. REBT’19saw the presence of Industries’ leading players in the Real Estate sector namely: Blue Star, Sheenlac paints – Jenson Nicholson, Mahindra Lifespace, Somany Ceramics, Saint-Gobain, Supreme Petro Chemicals, Techno Green, to name a few. Kone India was the only Elevator& Escalator company to participate. The Three day event showcased Next Generation Technologies and Strategies for the Construction Industry and providing an opportunity to explore and discover the practical and successful implementation of Alternate Construction Technology in India to drive the Real Estate sector forward. Speaking on the occasion, Mr. Amit Gossain, Managing Director, KONE India and Chairman, Real Estate & Building Technology, CII, said “It is anhonor to be part of REBT Expo, 2019. With the growing Indian Economy, the need in Real Estate is to have buildings with World Class Technologiesalong with Quality, Comfort and Safety. At KONE, we put the Customer in the Centre of everything we do. By introducing New Products &Services we offer an unparalleled experience. We are showcasing the latest technology of Ultra Rope which is made of carbon fibre and is lighter in weight. KONE India is investing profoundly in New Technologies to deliver Superlative Services and to offer a WOW experience to our Customers." KONE India at REBT’19 exhibition, took its Customers through a virtual journey through the New VR experience. KONE believes in all time improvisation on tools & processes that leverages the full potential of digitalization to offer performance, peace of mind and convenience to all its customers. Also, the last two years have been instructive in the way the Real Estate sector is shaping up. Developers have even taken conscious decisions of revamping their operations, adhering to regulations and aligning themselves to efficient business practices. A change is coming and is surely taking on wings. Hence, Real Estate sector is witnessing a paradigm shift in India with rising maturity and development, creating a ripple effect of positive market sentiments and changing the perception of the Indian realty sector.