Nibav Home Lifts Launches its Fourth Manufacturing Facility in Chennai
Nibav Home Lifts Launches its Fourth Manufacturing Facility in Chennai
May 09, 2023
CHENNAI: Embarking on its journey to become a billion-dollar company by the end of December 2024, Nibav Home Lifts, India’s largest home lift brand, on Monday announced the expansion of its India-made home lift manufacturing operations.
The company has announced the launch of its fourth manufacturing facility, spread across 50,000 sqft and located in Akkarai on ECR – Chennai, which will accommodate new home elevator production equipment.
The additional manufacturing capacity will allow Nibav to increase the supply of its Indian-made European standard home lifts to recently expanded 14 foreign countries, while India continues to be a primary market.
Nibav Home Lifts also announced its ongoing recruitment plans of adding over 4,500 employees by the end of December 2023, taking the total headcount to 6,000.