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Schindler Holding AG

Regulatory Filings Aug 24, 2021

966_rns_2021-08-24_023c9701-9253-432e-820c-451204af8239.html

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News Details

Corporate | 24 August 2021 07:00

Schindler wins Bangalore Metro project

EQS Group-News: Schindler Holding AG / Key word(s): Contract

24.08.2021 / 07:00

Schindler has been selected to deliver and install 180 escalators for two new routes of the Bangalore Metro Rail Corporation Ltd’s Phase 2 project. The project will integrate the metro network with Bangalore’s other urban transport systems, and eventually will connect the city’s tech hub with Bangalore International Airport.

Bangalore, India’s third-largest city, is well-known as a global tech hub. The Phase 2 project, which is set to be completed by 2026, will promote public transport to Bangalore’s Information Technology (IT) district and is intended to ease the city’s traffic congestion. Implementation has been divided into different elevated reach extensions and underground sections.

The project for which Schindler has been selected includes 140 escalators for the extension that will serve as the new Yellow Line route connecting Bangalore with Electronic City – one of India’s largest IT industrial parks. In addition, Schindler will deliver and install 40 escalators for the new Pink Line north-south route through the city. The new stations will be able to transport an addi-tional 370,000 passengers a day.

‘We’re proud to be supporting a project of this magnitude that is bound to improve quality of life in Bangalore. Our technology will help the people of Bangalore navigate the city’s expansive public transport network in a reliable, safe, efficient, and comfortable manner,’ said Jujudhan Jena, Member of Schindler’s Executive Committee responsible for Asia Pacific. ‘I’m honored that we will play a vital role in forming the beating heart of Bangalore’s metro system.’

About Schindler:

Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler mobility solutions move more than 1.5 billion people every day all over the world. Behind the company's success are over 66,000 employees in more than 100 countries.

More information:

Carolyn Pike | Head of Media Relations

Phone +41 41 445 32 98 | Mobile +41 79 195 27 81

[email protected]

Schindler Management Ltd.

Zugerstrasse 13

6030 Ebikon

Switzerland

Tel. +41 41 445 32 32

Fax +41 41 445 40 40

[email protected]

www.schindler.com


End of Media Release


Language: English
Company: Schindler Holding AG
Zugerstrasse 13
6060 Ebikon
Switzerland
Phone: +41414453060
E-mail: [email protected]
Internet: www.schindler.com
ISIN: CH0024638212, CH0024638196
Valor: 002463821
Listed: SIX Swiss Exchange
EQS News ID: 1228398
End of News EQS Group News Service

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