By Mr. Manish Mehan, Managing Director & CEO, TK Elevator India
“The Union Budget 2026’s emphasis on housing, urban infrastructure and real estate-led growth is encouraging for the vertical mobility ecosystem. As cities expand vertically, safe and reliable elevator systems become essential urban infrastructure. The inclusion of advanced lifts within construction and infrastructure enhancement initiatives underlines the sector’s growing relevance and the need for harmonised regulations to support productivity, safety and quality across the real estate value chain.”
