On Oct 15 2025, Otis India, a subsidiary of Otis Worldwide, announced it had secured a major contract with My Home Group to supply 169 high‑speed elevator systems for three luxury residential developments in Hyderabad. The deal will deliver next‑generation elevator solutions engineered for performance, reliability, and a premium ride experience. The announcement was made via a PRNewswire release dated Oct. 15, 2025.
The contract represents a significant win in India’s high‑end residential market, where Otis has been expanding its presence. The 169 units will be installed across three projects, underscoring the company’s ability to deliver large‑scale, technologically advanced installations. The deal also strengthens Otis’s long‑standing relationship with My Home Group, a developer with over 35 years of experience.
For Otis Worldwide, the contract adds to its New Equipment portfolio and reinforces its strategy to capture growth in emerging markets. The installation of high‑speed, connected elevators aligns with Otis’s focus on advanced technology and customer experience. The win is expected to contribute positively to the company’s revenue and market share in the Indian market.
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