Johnson Lifts takes majority control of Toshiba JV, targets doubling of topline | Chennai News
Chennai: Johnson Lifts has acquired a majority stake in its joint venture with Japan’s Toshiba Elevator Corporation, marking a shift in control after a 14-year partnership and positioning the company for expansion in India’s premium elevator segment. The Chennai-based leading maker of elevators and escalators has raised its holding in Toshiba Johnson Elevators India (TJEI)…
