Schindler to supply key infrastructure projects in India

India is investing substantial sums in infrastructure to promote economic growth, and Schindler has been chosen as mobility provider for three major projects, including the metros of Mumbai and Delhi as well as a new terminal for Chennai (formerly Madras) airport. The contracts were concluded in the first half of 2009 and installation of elevators and escalators is due to start later this year.

A metro for Mumbai

With the Mumbai metro rail project, the world's third-largest city is to get its own mass transit system. The first line to be installed – from west to east (Versova to Ghatkopar) – is expected to cut the journey time across the city from 90 minutes at present (by road) to just 21 minutes. With trains at 3.5-minute intervals, the line will be able to transport about 600,000 people per day.

Schindler is supplying 97 escalators for the new line's 12 stations, which will all be elevated above ground to facilitate connections to buses, cars and other forms of transport. The first Schindler installations will be installed in November 2009. The line, scheduled for completion in 2011, is the first of several planned for the new metro system, which will complement Mumbai's suburban rail system and network of buses. Currently, 11 million people use Mumbai's public transport services daily.

Airport rail link for Delhi

Schindler is also supplying 53 escalators for the Delhi Airport Metro Express Line (DAMEL), the latest extension to the capital's expanding metro system. The new 23km line, scheduled for completion in October 2010, will create a rail link to Indira Gandhi International airport. Three metro stations out of the six along the new line will have baggage check-in facilities for airline passengers. Schindler's installations are due to start being installed from December 2009.

The new lines for both the Mumbai and Delhi metros have been contracted to Reliance Infrastructure, one of India's leading industrial conglomerates. Fountainhead architects are responsible for the design.

Schindler is a long-standing partner of the Delhi metro, having supplied escalators for capital's first line, which opened back in 2002. Today, the metro carries 850,000 passengers per day and is renowned for its green credentials, having received ISO-14001 certification for environmental management.

New terminal for Chennai airport

A third infrastructure project secured by Schindler is a new terminal for Chennai airport, the country's third busiest after Mumbai and Delhi. The expansion project will boost passenger capacity from 10 million at present to 30 million annually by completion in January 2011. Schindler is to supply 41 elevators and 12 escalators for a new 140,000 square-meter terminal building, with installation scheduled to start in June 2010. Schindler was also recently selected to supply Kolkata airport with 60 elevators, escalators and moving walks.

About Schindler

Schindler India, headquartered in Mumbai with 18 branch offices nationwide, is a wholly-owned subsidiary of the Switzerland-based Schindler Group. As a leading global mobility provider, present in more than 140 countries, Schindler designs, manufactures, installs, services and modernizes elevator and escalator systems for almost every building type. Schindler supports sustainable urban development with safe, reliable and ecologically sound mobility solutions.

For more information, please contact:

Riccardo Biffi
Head Corporate Communications
Schindler Management AG
Zugerstrasse 13, 6030 Ebikon
Tel. +41 41 445 30 60
Fax +41 41 445 31 44

Barbara Zäch
Head Investor Relations
Schindler Management AG
Zugerstrasse 13, 6030 Ebikon
Tel. +41 41 445 30 61
Fax +41 41 445 31 44

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