MUMBAI, India, May 17, 2016 /PRNewswire/ -- Otis has been selected to provide high-speed elevators to the prestigious Altair project in Colombo, Sri Lanka, which when complete will be the tallest residential building in Sri Lanka and will have the country's fastest elevators. Otis, the world's largest manufacturer and maintainer of people-moving products, is a unit of United Technologies Corp. (NYSE: UTX). Elevators Private Limited, a JV entity between Otis and Aitken Spence, will install the elevators.
Altair will reach 240 meters - 68 floors - consisting of two towers with one tower leaning against the other. Indocean Developers (P) Limited, a venture of South City projects (Kolkata) Limited, chose Otis to supply a total of 19 elevators, including Sri Lanka's fastest elevators with a travel speed of 5 meters per second. Seven out of the 19 units will be supplied from Otis India's Bengaluru factory.
"Altair is a unique project with requirements that stretch beyond the ordinary - it is exclusive. Otis' technical know-how and credentials gave us the confidence that Otis would be the right fit," said Pradeep Sureka, managing director, Sureka Group
"Otis' worldwide experience in delivering vertical transport solutions in tall buildings, coupled with their strong local presence, made them the right choice to provide us with elevators for Altair," said K. M. Sathian, director (Projects), Indocean Developers (P) Limited.
"We are privileged to work on one of Indocean Developers' most renowned projects and an architectural marvel - Altair," said Sebi Joseph, president, Otis India region. "Otis' proven high-rise elevator technologies and capability to execute complex projects with unusual structural elements were important factors in our selection."
Otis is the world's largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains more than 1.9 million elevators and escalators worldwide. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com or follow @OtisElevatorCo on Twitter.
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SOURCE Otis Elevator Company