UAE’s ETA Ascon teams up with Mitsubishi Electric Corp in India

Mitsubishi Elevator ETA India Private Limited is a new establishment set up by UAE-based ETA Ascon Holding LLC and the Mitsubishi Electric Corp to become the biggest elevator and escalator business in India.

joint venture

Local agents that supply Mitsubishi Electric products to luxury hotels and offices across India will be replaced by the joint venture company, as of January 2013.

The business will also take on residential projects and be the direct contact for manufacturing, selling, installation and maintenance.