immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Indien

  • Exclusive destination on Lake Lucerne strengthens presence in India

    Exclusive destination on Lake Lucerne strengthens presence in India

    The traditional Bürgenstock Resort Lake Lucerne hotel is now being represented in India by the Mumbai-based agency Aumentar Hospitality, which specialises in the hotel industry. “We are looking forward to all the unique encounters, events and emotions that this connection will bring to the Bürgenstock”, says the operator in a press release. Bürgenstock Hotels AG goes on to explain that with Aumentar Hospitality, it has a partner at its side “who has an excellent network in India and knows the needs of tour operators, agencies and discerning guests inside out”.

    The Nidwalde-based company sees this partnership as part of its strategic endeavours to expand its presence on the Indian market in a targeted manner, “because India is a clear growth market for us”. Demand for exclusive European destinations has been rising steadily for years, particularly in connection with milestone celebrations, i.e. weddings, anniversaries and other special life events.

    The region is very well known in the Indian market, not least because of several Bollywood productions that were filmed in and around Lucerne: “The destination is considered the gateway to Switzerland and combines the city, lake and Alps in a very small area – an aspect that is highly valued by Indian guests.”

    The 60-hectare hotel and tourism complex above Lake Lucerne comprises a total of 30 buildings. They are located on the Bürgenberg in the municipalities of Stansstad and Ennetbürgen.

  • First station of India’s first urban cable car completed

    First station of India’s first urban cable car completed

    “Construction work on Varanasi’s first urban cable car is progressing rapidly,” announced Bartholet Maschinenbau AG in a press release. According to the company, the installation of the first station was recently completed. In addition, six supports have already been erected and further supports are under construction. The foundations for the third station have also been completed.

    The first urban cable car in India is being realised by Bartholet in collaboration with Vishwa Samudra Engineering on behalf of National Highways Logistics Management Ltd. It runs at a height of up to 40 metres from the main railway station to Godowalia Chowk station. It will connect five stations over a distance of around 3.7 kilometres. After completion, which is expected in 2025, it will be possible to transport up to 3,000 passengers per hour and direction. A total of 150 panoramic gondolas will be used for this purpose.

  • Sika opens technology center in India

    Sika opens technology center in India

    Sika AG , headquartered in Baar, has opened a new facility in India. In the industrial city of Pune in the state of Maharashtra, the specialty chemicals manufacturer is developing and producing adhesives and sealants for the Indian market in a new technology center and production facility, according to a media release .

    The 8-million city of Pune is a leading industrial center, in particular due to its established automobile manufacturers and suppliers. The new Sika location with laboratories for development and a factory for production is conveniently located in terms of traffic in order to be able to supply customers quickly, according to the press release.

    “The expansion of our own production facilities as well as our on-site research and development facilities promotes the development of our local know-how and brings enormous advantages to our customers. Customer-specific solutions can be developed, produced and delivered within a very short time. In this way we are laying the basis for Sika's long-term growth and further development in this important market, "said Morten Muschak, Corporate Target Market Manager Industry at Sika, in the press release.

    Sika AG wants to benefit from economic growth, increasing urbanization and a favorable investment policy in India. The country is currently home to the fifth largest automobile market in the world. According to forecasts, the construction industry will grow by an average of 6.5 percent per year by 2030. The vehicle industry is expected to grow by more than 10 percent per year, according to the press release.

  • Dormakaba takes over Solus Security Systems in India

    Dormakaba takes over Solus Security Systems in India

    Dormakaba International Holding AG has taken over Solus Security Systems Pvt Ltd. closed. The company for access and security solutions expects the transaction to make a contribution to earnings per share at group level and to the EBITDA margin from day one, according to a media release . Solus achieved sales in the single-digit million range in the 2020/2021 financial year as of the end of March 2021. No further financial information was given on the transaction.

    Solus is the market leader in India for integrated solutions in the field of electronic access control, time and attendance recording, access management for visitors, access control and security as well as the associated services. The company has a total of 200 employees in Bangalore and other locations, including 130 service technicians. They serve system integrators and medium-sized end customers in various industries throughout India.

    "We are expanding our electronic access & data business in India with a broad product portfolio, additional sales channels and a large customer base – Solus offers us excellent growth opportunities," said Jim-Heng Lee, COO AS APAC at dormakaba, in the press release quoted.

    For Solus, too, there are “synergies from the expanded product portfolio and the greater market presence, which increases the additional benefit for our customers in terms of better solutions and services,” said Narasimha Swamy, owner and managing director of Solus, quoted in the media release.